The median home value in Farmington, NM is $195,300. This is higher than the county median home value of $163,600. The national median home value is $219,700. The average price of homes sold in Farmington, NM is $195,300. Approximately 58.72% of Farmington homes are owned, compared to 28.78% rented, while 12.5% are vacant. Farmington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Farmington real estate agent to arrange a tour today!
Farmington, New Mexico has a population of 45,857. Farmington is more family-centric than the surrounding county with 33.69% of the households containing married families with children. The county average for households married with children is 29.28%.
The median household income in Farmington, New Mexico is $55,179. The median household income for the surrounding county is $49,686 compared to the national median of $57,652. The median age of people living in Farmington is 32.9 years.
The average high temperature in July is 90.9 degrees, with an average low temperature in January of 20 degrees. The average rainfall is approximately 11.6 inches per year, with 13.6 inches of snow per year.