Farmington Housing Market Report January 2025San Juan County, New Mexico

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Housing Prices in Farmington, NM

How much do homes in Farmington, NM cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$515,000$213/SqFt

Based on all homes listed in January 2025

Insight

The list price of homes in Farmington has remained the same since December.

Summary: The median home list price in Farmington was $515,000 in January 2025, the same as the previous month, and the median price per square foot was $213.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2024Jan 2025Change YoY
1--
N/A
2$254K$254K
0.0%
3$515K$515K
0.0%
4$1.7M$1.7M
0.0%
5$1.0M$1.0M
0.0%

Summary: Farmington housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in Farmington, NM

How many homes are available in Farmington, NM?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
7Last MonthJan 2025
72 months agoDec 2024
0.0 %
Change MoMDec – Jan

Summary: The Farmington real estate market had 7 homes for sale in Jan 2025, the same as Dec 2024

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
211
0.0%
333
0.0%
411
0.0%
522
0.0%

Summary: Farmington housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for Farmington, NM

How long does it take to sell a home in Farmington, NM?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
241 DaysLast MonthJan 2025
210 Days1 month agoDec 2024
+14.7 %
Change MoMDec – Jan

Summary: Homes in Farmington had an average listing age of 241 days in Jan 2025, up by 14.7% compared to the previous month.

Newest Listings in Farmington, NM

What homes are available in Farmington, NM?

Nearby markets

Nearby markets aren't available for Farmington, NM

MLS Disclaimers and Copyright

Based on information from Colorado Real Estate Network Inc., and Southwest Multiple Listing Service for the period 12/01/2024 - 02/01/2025

IDX SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

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Real Estate listings held by companies other than this brokerage contain that company's name.

Fair Housing Disclaimer
Equal Housing PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 1:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.