Explore Similar Condos Within 25 Miles of Farmington, NM
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Why Live in Farmington



Farmington is a lakeside neighborhood known for its rich history in agriculture and oil production, now thriving as a recreational hotspot. Residents enjoy a variety of things to do, including water activities at Lake Farmington and Navajo Lake, hiking, river rafting, and mountain biking along the Animas and San Juan Rivers. Downtown Farmington is bustling with shopping, dining, and cultural experiences, featuring museums, annual events, and the Farmington Civic Center which hosts live theater performances and youth acting classes. The neighborhood offers diverse home styles, including ranch and Pueblo Revival homes in the center, contemporary Craftsman styles to the northeast, and custom-built estates to the northwest. Main Street is lined with Tex-Mex, pizza, and ethnic cuisine restaurants, bars, and a brewery-distillery combo, while Browning Parkway features strip malls and shopping centers. Farmington Municipal Schools are highly rated, with an award-winning music education program, and nearby San Juan College offers extensive degree and certificate programs. The crime rates in Farmington have been decreasing, with property crime rates lower than state figures. The neighborhood experiences all four seasons, with warm summers and chilly winters. Farmington is about 52 miles southwest of Durango, Colorado, and 182 miles northwest of Albuquerque, with Red Apple Transit buses and bicycle-friendly roads providing local transportation.
Home Trends in Farmington, NM
On average, homes in Farmington, NM sell after 41 days on the market compared to the national average of 50 days. The median sale price for homes in Farmington, NM over the last 12 months is $290,000, up 7% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$290,000
Median Single Family Sale Price
$305,328
Median Townhouse Sale Price
$240,000
Average Price Per Sq Ft
$178
Number of Homes for Sale
81
Last 12 months Home Sales
418
Months of Supply
2.30
Median List Price
$305,164
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%