Real Estate Data > US real estate data > New Mexico > San Juan County > Farmington > 87401

Farmington, NM 87401 Real Estate & Property Data

Farmington, NM 87401 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 563 residential properties have been sold over the past 12 months in 87401. With a median sales price of $273,707 in 87401 and a total of 3 foreclosures in Farmington, NM 87401. Discover market trends and get the granular level real estate data for Farmington, NM 87401 to keep your pulse on the housing market. Curate compelling home reports for Farmington, NM 87401 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Farmington, NM 87401 Real Estate Market Trends

Get property data for any address in Farmington, NM 87401 or the country:

Total Residential Properties 17,925

Total Commercial Properties 1,260

Avg. Home Age (Single Family Home) 42 Years

Avg. Square Feet (Single Family Home) 1,717

Total 2025 Residential Sales (year-to-date) 63

% of Homes Seriously Underwater (Q2 2025) 0.89%

Total 2024 Residential Sales 542

% of Equity Rich Homes (Q2 2025) 22.2%

Effective 2024 Property Tax 0.52%

Total Foreclosure Filings (year-to-date) 11

Interested in Purchasing National or Farmington, NM 87401 Property Data?

Farmington, NM 87401 Real Estate Overview

There were 563 residential properties sold in the past year in Farmington, NM 87401. The median home value in Farmington, NM 87401 is $233,217. There are a total of 17,925 residential properties in the 87401.

Median Sales Price i

$273,707

(Feb 2025)

+11.6%

year-over-year

y-o-y

February '25 Feb '25 $273,707
January '25 Jan '25 $258,329
December '24 Dec '24 $278,376
November '24 Nov '24 $272,640
October '24 Oct '24 $274,724
September '24 Sep '24 $257,137
August '24 Aug '24 $258,328
July '24 Jul '24 $248,048
June '24 Jun '24 $266,998
May '24 May '24 $274,572
April '24 Apr '24 $260,000
March '24 Mar '24 $266,237

Median Down Payment i

$38,207

(Feb 2025)

+165.6%

year-over-year

y-o-y

February '25 Feb '25 $38,207
January '25 Jan '25 $34,500
December '24 Dec '24 $52,000
November '24 Nov '24 $12,945
October '24 Oct '24 $55,219
September '24 Sep '24 $30,938
August '24 Aug '24 $49,858
July '24 Jul '24 $25,000
June '24 Jun '24 $35,200
May '24 May '24 $45,000
April '24 Apr '24 $48,657
March '24 Mar '24 $47,025

Number of Homes Sold i

27

(Feb 2025)

-37.2%

year-over-year

y-o-y

February '25 Feb '25 27
January '25 Jan '25 36
December '24 Dec '24 39
November '24 Nov '24 34
October '24 Oct '24 55
September '24 Sep '24 54
August '24 Aug '24 45
July '24 Jul '24 50
June '24 Jun '24 41
May '24 May '24 40
April '24 Apr '24 51
March '24 Mar '24 48

Number of Purchase Loans i

23

(Feb 2025)

-17.9%

year-over-year

y-o-y

February '25 Feb '25 23
January '25 Jan '25 26
December '24 Dec '24 24
November '24 Nov '24 25
October '24 Oct '24 36
September '24 Sep '24 26
August '24 Aug '24 31
July '24 Jul '24 27
June '24 Jun '24 32
May '24 May '24 31
April '24 Apr '24 34
March '24 Mar '24 34

Number of REFI Loans i

14

(Feb 2025)

-54.8%

year-over-year

y-o-y

February '25 Feb '25 14
January '25 Jan '25 26
December '24 Dec '24 37
November '24 Nov '24 21
October '24 Oct '24 42
September '24 Sep '24 27
August '24 Aug '24 22
July '24 Jul '24 21
June '24 Jun '24 23
May '24 May '24 23
April '24 Apr '24 29
March '24 Mar '24 20

Number of HELOC Loans i

5

(Feb 2025)

+25%

year-over-year

y-o-y

February '25 Feb '25 5
January '25 Jan '25 5
December '24 Dec '24 4
November '24 Nov '24 10
October '24 Oct '24 3
September '24 Sep '24 7
August '24 Aug '24 8
July '24 Jul '24 5
June '24 Jun '24 6
May '24 May '24 7
April '24 Apr '24 6
March '24 Mar '24 9

Farmington, NM 87401 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2
3
4
…
10

Farmington, NM 87401 Foreclosure Activity

There were a total of 3 Farmington, NM 87401 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

3

(Feb 2025)

+50%

year-over-year

y-o-y

February '25 Feb '25 3
January '25 Jan '25 8
December '24 Dec '24 2
November '24 Nov '24 4
October '24 Oct '24 4
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 1
June '24 Jun '24 4
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 1

Foreclosure Starts i

2

(Feb 2025)

February '25 Feb '25 2
January '25 Jan '25 5
December '24 Dec '24 2
November '24 Nov '24 3
October '24 Oct '24 3
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 N/A

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 1
November '24 Nov '24 1
October '24 Oct '24 1
September '24 Sep '24 2
August '24 Aug '24 1
July '24 Jul '24 1
June '24 Jun '24 1
May '24 May '24 4
April '24 Apr '24 N/A
March '24 Mar '24 1

Nearby Zip Codes

1. 87402
2. 87499

Interested in growing your business with Farmington, NM 87401 property data?

Contact Us Now!
Call (800) 692-2596 — or fill out this form and we’ll be in touch shortly.