Farmington, NM 87402 Real Estate & Property Data

Farmington, NM 87402 Real Estate Market Trends
Last Updated: August 30, 2025

A total of 215 residential properties have been sold over the past 12 months in 87402. With a median sales price of $368,340 in 87402. Discover market trends and get the granular level real estate data for Farmington, NM 87402 to keep your pulse on the housing market. Curate compelling home reports for Farmington, NM 87402 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Farmington, NM 87402 Real Estate Market Trends
Total Residential Properties 4,532
Total Commercial Properties 215
Avg. Home Age (Single Family Home) 38 Years
Avg. Square Feet (Single Family Home) 1,909
Total 2025 Residential Sales (year-to-date) 91
% of Homes Seriously Underwater (Q3 2025) 0.67%
Total 2024 Residential Sales 198
% of Equity Rich Homes (Q3 2025) 30.1%
Effective 2024 Property Tax 0.54%
Total Foreclosure Filings (year-to-date) 8
Interested in Purchasing National or Farmington, NM 87402 Property Data?

Farmington, NM 87402 Real Estate Overview

There were 215 residential properties sold in the past year in Farmington, NM 87402. The median home value in Farmington, NM 87402 is $310,436. There are a total of 4,532 residential properties in the 87402.

Median Sales Price i
$368,340
(Jun 2025)
+30.3%
year-over-year
y-o-y
  • June '25 Jun '25 $368,340
  • May '25 May '25 $239,112
  • April '25 Apr '25 $243,750
  • March '25 Mar '25 $348,149
  • February '25 Feb '25 $263,495
  • January '25 Jan '25 $265,256
  • December '24 Dec '24 $237,500
  • November '24 Nov '24 $300,162
  • October '24 Oct '24 $451,596
  • September '24 Sep '24 $300,162
  • August '24 Aug '24 $302,116
  • July '24 Jul '24 $361,904
Median Down Payment i
$61,875
(Jun 2025)
+17.9%
year-over-year
y-o-y
  • June '25 Jun '25 $61,875
  • May '25 May '25 $27,531
  • April '25 Apr '25 $44,500
  • March '25 Mar '25 $66,000
  • February '25 Feb '25 $50,925
  • January '25 Jan '25 $8,425
  • December '24 Dec '24 $47,500
  • November '24 Nov '24 $14,494
  • October '24 Oct '24 $90,348
  • September '24 Sep '24 $56,875
  • August '24 Aug '24 $60,000
  • July '24 Jul '24 $73,000
Number of Homes Sold i
20
(Jun 2025)
-25.9%
year-over-year
y-o-y
  • June '25 Jun '25 20
  • May '25 May '25 21
  • April '25 Apr '25 16
  • March '25 Mar '25 14
  • February '25 Feb '25 14
  • January '25 Jan '25 6
  • December '24 Dec '24 18
  • November '24 Nov '24 15
  • October '24 Oct '24 12
  • September '24 Sep '24 17
  • August '24 Aug '24 22
  • July '24 Jul '24 13
Number of Purchase Loans i
12
(Jun 2025)
-36.8%
year-over-year
y-o-y
  • June '25 Jun '25 12
  • May '25 May '25 9
  • April '25 Apr '25 9
  • March '25 Mar '25 6
  • February '25 Feb '25 13
  • January '25 Jan '25 6
  • December '24 Dec '24 11
  • November '24 Nov '24 13
  • October '24 Oct '24 10
  • September '24 Sep '24 12
  • August '24 Aug '24 13
  • July '24 Jul '24 11
Number of REFI Loans i
18
(Jun 2025)
+200%
year-over-year
y-o-y
  • June '25 Jun '25 18
  • May '25 May '25 4
  • April '25 Apr '25 16
  • March '25 Mar '25 7
  • February '25 Feb '25 9
  • January '25 Jan '25 8
  • December '24 Dec '24 10
  • November '24 Nov '24 8
  • October '24 Oct '24 13
  • September '24 Sep '24 10
  • August '24 Aug '24 17
  • July '24 Jul '24 7
Number of HELOC Loans i
1
(Jun 2025)
-50%
year-over-year
y-o-y
  • June '25 Jun '25 1
  • May '25 May '25 N/A
  • April '25 Apr '25 4
  • March '25 Mar '25 N/A
  • February '25 Feb '25 2
  • January '25 Jan '25 N/A
  • December '24 Dec '24 3
  • November '24 Nov '24 2
  • October '24 Oct '24 6
  • September '24 Sep '24 N/A
  • August '24 Aug '24 2
  • July '24 Jul '24 2

Farmington, NM 87402 Foreclosure Activity

Total Foreclosure Filings i
  • June '25 Jun '25 N/A
  • May '25 May '25 2
  • April '25 Apr '25 1
  • March '25 Mar '25 1
  • February '25 Feb '25 N/A
  • January '25 Jan '25 4
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
  • July '24 Jul '24 N/A
Foreclosure Starts i
  • June '25 Jun '25 N/A
  • May '25 May '25 1
  • April '25 Apr '25 1
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 3
  • December '24 Dec '24 1
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
Completed Foreclosures (REOs) i
  • June '25 Jun '25 N/A
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
Learn how industries are using property, assessor, mortgage, boundary, foreclosure, AVM, listing, hazard, climate, and neighborhood data.
Interested in growing your business with Farmington, NM 87402 property data?

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