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NM area data

Farmington, NM

Aggregated across 3 ZIP codes in Farmington.

Population: 57,550 (Census ACS)

Home values & appreciation

Median home value
$305,923
1-year appreciation
+6.5%
3-year appreciation
+16.8%
5-year appreciation
+43.0%
10-year appreciation
+66.4%
All-time peak (2026-07)
$305,923
House Price Index
406.5 (+0.8% YoY)

Market activity

Median sale price
$262,725
Median list price
$246,750
Median days on market
17 days
Active listings
48
1-year forecast
+2.5%
Days to pending
31 days
New listings (monthly)
56

Rents

Typical rent
$1,264/mo
1-year rent change
+6.8%
1BR fair-market rent
$1,103/mo
3BR fair-market rent
$1,715/mo

Affordability

Cost of living index (Below Average)
92.4 (100 = US avg)
Electricity rate (state-level)
15.1¢/kWh
Natural gas rate (state-level)
$9.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
21
Elementary schools
10
Middle schools
4
High schools
5

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
drought, lightning, winterWeather, coldWave, heatWave
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
67.7°F
Average low
39.3°F
Annual precipitation
7.5 in
Annual snowfall
8.7 in

Air quality

Air quality rating
Good
Median AQI (annual)
47
Days with Good air quality
239

Walkability & transit

Walkability index
12.3 / 20
Transit service frequency
798

Amenities

National parks within ~60 mi
12
Nearest national park
Aztec Ruins National Monument (6 mi)
Nearest airport
Exceptional Community Hospital Heliport (2 mi)
Nearest major airport
Four Corners Regional Airport (FMN) (3 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
2.0 / 5
EV charging stations (within 10 mi)
8
Solar radiation rating
Good (5.5 kWh/m²/day)

Migration

Net migration
+860 tax filers

Housing stock

Median year housing built
1,985
Median annual property tax
$1,493
Mean commute to work
20 min
Households with broadband internet
45.3%

Employment & development

Total county employment
34,792
Average weekly wage
$1,031
Top industries (by employment)
Health Care, Accommodation & Food, Mining
Annual residential building permits (county)
70

Area data compiled from public government, academic, and industry research feeds. Data sources →

ZIP codes in Farmington

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents