Unshakable ZIP Data 87401 | Farmington, NM Housing Market
Farmington · San Juan County · Farmington, NM metro · New Mexico · Data updated June 19, 2026
The median sale price in ZIP 87401, Farmington, New Mexico is $318,905 at $187 per square foot. 83 single-family homes sold in the latest period, up 0.5 percent from a year earlier. Homes sit a median of 26 days on market with 2.1 months of supply. 0.0 percent of homes sold above asking.
Seller's market. No room for sloppy offers.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $271,516 | |
| Average price per sq ft | $160 | |
| Median sale price | $318,905 | |
| Median sale price per sq ft | $187 | |
| Median home size | 1,701 sq ft | |
| Median new listing price | $296,466 | -6.8% |
| National size rank | 1,131 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 83 | +0.5% |
| Median days on market | 26 days | |
| Months of supply | 2.1 months | |
| New listings | 114 | -0.3% |
| Active listings | 172 | +0.7% |
| Pending sales | 106 | +2.3% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Share sold above list | 0.0% | 0.0 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$212,572
3-bedroom
$288,998
4-bedroom
$367,052
5-bedroom
$424,575
These figures describe the single-family market for Farmington, New Mexico ZIP 87401. They are market context, not a substitute for sold comps or a formal appraisal.