Farmington, NM Homes For Sale Market Summary – September 8, 2026
New Mexico does not publicly disclose home sale prices, so this summary reflects homes currently listed for sale rather than closed sales. In the Farmington, NM real estate market, there are currently 106 active listings. Homes in this area feature an average living area of about 2,540 square feet and have been on the market for an average of 63 days. The average asking price is $520,421.
| Metric | Current |
|---|---|
| Active Listings | 106 |
| New Listings Per Day | 1.57 |
| Average SQFT | 2540 |
| Median List Price | $397,000 |
| Average List Price | $520,421 |
| Average List Price Per SQFT | $200 |
| Average Days on Market | 63 |
| Average Year Built | 1987 |
Farmington, NM Single Family Home Analysis
There are 99 active single family listings, offering an average living area of around 2,600 square feet. The average asking price for these homes is $502,541, with them typically remaining on the market for about 65 days.
| Metric | Current |
|---|---|
| Active Listings | 99 |
| New Listings Per Day | 1.43 |
| Average SQFT | 2600 |
| Median List Price | $405,000 |
| Average List Price | $502,541 |
| Average List Price Per SQFT | $199 |
| Average Days on Market | 65 |
| Average Year Built | 1986 |
Farmington, NM Condo & Townhome Analysis
The condo and townhome segment consists of 5 active listings, with an average living area of 1,363 square feet. These properties have an average asking price of $307,600 and tend to stay on the market for approximately 63 days.
| Metric | Current |
|---|---|
| Active Listings | 5 |
| New Listings Per Day | 1 every 15.00 days |
| Average SQFT | 1363 |
| Median List Price | $250,000 |
| Average List Price | $307,600 |
| Average List Price Per SQFT | $224 |
| Average Days on Market | 63 |
| Average Year Built | 2004 |
Buyer & Seller Analysis
- Currently listed homes have an average asking price of $520,421.
- Single family homes average 65 days on the market before a listing is considered.
- Condo and townhome listings are less frequent, appearing 1 every 15 days.
- Homes in Farmington typically feature a median living area of 2,050 square feet.
Conclusion
The Farmington real estate scene shows a range of active listings, catering to various preferences from single family homes to condo and townhome options. With a variety of properties available, potential buyers have several choices at varying price points.