The median home value in Farmington, NM is $216,100. This is higher than the county median home value of $202,100. The national median home value is $338,100. The average price of homes sold in Farmington, NM is $216,100. Approximately 56.5% of Farmington homes are owned, compared to 32.1% rented, while 11.4% 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 87402 has a population of 46,696. Farmington 87402 is more family-centric than the surrounding county with 26.84% of the households containing married families with children. The county average for households married with children is 25.86%.
The median household income in Farmington, New Mexico 87402 is $56,045. The median household income for the surrounding county is $47,485 compared to the national median of $69,021. The median age of people living in Farmington 87402 is 34.7 years.
The average high temperature in July is 91.2 degrees, with an average low temperature in January of 18.6 degrees. The average rainfall is approximately 9.6 inches per year, with 12.6 inches of snow per year.