All Countries
Farmington, NM
Full City Profile · New Mexico · San Juan County County
3.1
/5.0
B
Good
46,339
Population
1,345/sq mi density
$63,745
Median Income
$31,294 per capita
$225,400
Home Value
$272,697 Zillow
$993
Median Rent
29.3% income on rent
53°F
Avg Temperature
330 sunny days/yr
665
Violent Crime/100K
3,358 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$63,745 median income, 3.2% unemployment
A+
Affordability
4.7 / 5.0
$225,400 home value, $993/mo rent
F
Safety
1.0 / 5.0
665 violent crimes/100K (75% above avg)
C+
Education
2.8 / 5.0
22.8% bachelor's degree or higher
Housing Overview
Median Home Value
$225,400
20% below
US avg: $281,900
Median Rent
$993/mo
15% below
US avg: $1,163/mo
Homeownership Rate
63.5%
3% below US avg (65.4%)
Total Housing Units
17,708
Median year built: 1981
Home Value by Source
Census Median
$225,400
Zillow (ZHVI)
$272,697
Median Sale Price
$354,900
Median List Price
$367,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
63.5%
Owner-Occupied
36.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo
Census median rent:
$993/mo
· Zillow rent:
$1,350/mo
Market Indicators (Redfin)
Median Days on Market
38 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
25
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$189
Active Inventory
72
homes for sale
Affordability & Housing Stock
Rent Burden
29.3%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
63.5%
Complete Housing Data
Home Values
| Census Median Value | $225,400 |
| Zillow Home Value (ZHVI) | $272,697 |
| Median Sale Price | $354,900 |
| Median List Price | $367,450 |
| Price Per Sq Ft | $189 |
Rent
| Census Median Rent | $993 |
| Zillow Rent (ZORI) | $1,350 |
| FMR Studio | $828 |
| FMR 1-Bedroom | $927 |
| FMR 2-Bedroom | $1,129 |
| FMR 3-Bedroom | $1,496 |
| FMR 4-Bedroom | $1,758 |
Market
| Days on Market | 38 |
| Sale-to-List Ratio | 0.0% |
| Price Drops | 16.7% |
| Homes Sold | 25 |
| Active Inventory | 72 |
| Price Per Sq Ft | $189 |
Ownership & Stock
| Owner-Occupied | 63.5% |
| Renter-Occupied | 36.5% |
| Homeownership Rate | 63.5% |
| Total Housing Units | 17,708 |
| Median Year Built | 1981 |
| Rent Burden | 29.3% |