Farmington, NM Real Estate Prices per Square Foot
Buy prices, rent prices, historical development and submitted values for Farmington, NM.
Average buy price
$205.00 / sqft
Typical residential purchase price per square foot.
Average rent
$1.35 / sqft / month
Monthly rent per square foot.
Median home price
$339,000
Estimated median residential sale price.
Median monthly rent
$1,200
Estimated median rent for the city.
Historical price development
Buy price development
Buy prices have increased by about 24.6% over the last 5 years.
Rent price development
Rent prices have decreased by about 2.6% over the last 5 years.
Submitted values in Farmington
This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.
| Date | Type | Property | Price / sqft | Size | Total | Area |
|---|---|---|---|---|---|---|
| 2026-07-01 | Buy | duplex | $152.70 / sqft | 2,320 sqft | $354,264 | La Plata 87401 |
| 2026-06-29 | Buy | condo | $172.50 / sqft | 1,040 sqft | $179,400 | East Main Corridor 87402 |
| 2026-06-28 | Buy | condo | $158.80 / sqft | 980 sqft | $155,624 | Downtown Farmington 87401 |
| 2026-06-27 | Buy | single-family home | $194.50 / sqft | 1,685 sqft | $327,733 | Sunrise 87401 |
| 2026-06-22 | Buy | townhouse | $163.10 / sqft | 1,564 sqft | $255,088 | College Heights 87401 |
| 2026-06-21 | Buy | loft | $181.60 / sqft | 825 sqft | $149,820 | Downtown Farmington 87401 |
| 2026-06-21 | Buy | single-family home | $176.80 / sqft | 1,605 sqft | $283,764 | Morningstar 87401 |
| 2026-06-21 | Rent | luxury apartment | $1.61 / sqft | 820 sqft | $1,320 | East Farmington 87402 |
| 2026-06-21 | Rent | single-family home | $1.06 / sqft | 1,850 sqft | $1,961 | North Farmington 87402 |
| 2026-06-18 | Buy | single-family home | $207.40 / sqft | 1,750 sqft | $362,950 | North Farmington 87401 |
| 2026-06-18 | Rent | townhouse | $1.24 / sqft | 1,350 sqft | $1,674 | East Main Corridor 87402 |
| 2026-06-18 | Buy | single-family home | $189.70 / sqft | 1,430 sqft | $271,271 | Animas Valley 87401 |
| 2026-06-16 | Rent | loft | $1.52 / sqft | 780 sqft | $1,186 | Downtown Farmington 87401 |
| 2026-06-15 | Rent | multi-family home | $1.12 / sqft | 1,450 sqft | $1,624 | West Farmington 87401 |
| 2026-06-15 | Rent | apartment | $1.39 / sqft | 710 sqft | $987 | College Heights 87401 |
| 2026-06-12 | Buy | townhouse | $171.40 / sqft | 1,410 sqft | $241,674 | East Main Corridor 87401 |
| 2026-06-03 | Rent | apartment | $1.50 / sqft | 475 sqft | $713 | Riverside 87401 |
| 2026-06-03 | Rent | townhouse | $1.28 / sqft | 1,225 sqft | $1,568 | Morningstar 87401 |
| 2026-06-01 | Rent | single-family home | $1.14 / sqft | 2,100 sqft | $2,394 | Wildwood Estates 87402 |
| 2026-05-28 | Rent | duplex | $1.22 / sqft | 890 sqft | $1,086 | Riverside 87401 |
| 2026-05-28 | Buy | townhouse | $168.20 / sqft | 1,275 sqft | $214,455 | Morningstar 87401 |
| 2026-05-23 | Rent | condo | $1.32 / sqft | 960 sqft | $1,267 | Pinon Hills 87402 |
| 2026-05-22 | Rent | single-family home | $1.01 / sqft | 2,250 sqft | $2,273 | La Plata 87401 |
| 2026-05-17 | Rent | apartment | $1.42 / sqft | 635 sqft | $902 | Downtown Farmington 87401 |
| 2026-05-16 | Rent | duplex | $1.23 / sqft | 1,015 sqft | $1,248 | Riverside 87401 |
| 2026-05-15 | Buy | single-family home | $199.30 / sqft | 1,540 sqft | $306,922 | Animas Valley 87401 |
| 2026-05-15 | Buy | single-family home | $187.20 / sqft | 1,325 sqft | $248,040 | Riverside 87401 |
| 2026-05-15 | Buy | single-family home | $219.80 / sqft | 2,380 sqft | $523,124 | Pinon Hills 87402 |
| 2026-05-14 | Buy | single-family home | $214.60 / sqft | 2,245 sqft | $481,727 | Wildwood Estates 87402 |
| 2026-05-12 | Rent | townhouse | $1.26 / sqft | 1,510 sqft | $1,903 | East Farmington 87402 |
| 2026-05-12 | Rent | apartment | $1.37 / sqft | 590 sqft | $808 | Downtown Farmington 87401 |
| 2026-05-07 | Rent | apartment | $1.44 / sqft | 923 sqft | $1,329 | East Farmington 87402 |
| 2026-05-05 | Rent | apartment | $1.31 / sqft | 650 sqft | $852 | College Heights 87401 |
| 2026-05-05 | Rent | single-family home | $1.09 / sqft | 1,980 sqft | $2,158 | Sunrise 87401 |
| 2026-05-03 | Buy | single-family home | $241.20 / sqft | 2,684 sqft | $647,381 | San Juan Country Club 87402 |
| 2026-05-01 | Buy | single-family home | $251.80 / sqft | 3,425 sqft | $862,415 | Foothills 87402 |
| 2026-04-29 | Buy | multi-family home | $145.20 / sqft | 4,100 sqft | $595,320 | West Farmington 87401 |
| 2026-04-26 | Rent | condo | $1.35 / sqft | 875 sqft | $1,181 | Animas Valley 87401 |
| 2026-04-25 | Buy | single-family home | $223.60 / sqft | 2,140 sqft | $478,504 | Foothills 87402 |
| 2026-04-24 | Buy | single-family home | $235.50 / sqft | 3,050 sqft | $718,275 | Foothills 87402 |
| 2026-04-23 | Rent | luxury apartment | $1.68 / sqft | 1,083 sqft | $1,819 | Pinon Hills 87402 |
| 2026-04-23 | Buy | single-family home | $202.90 / sqft | 1,925 sqft | $390,583 | East Farmington 87402 |
| 2026-04-23 | Rent | duplex | $1.18 / sqft | 1,150 sqft | $1,357 | La Plata 87401 |
| 2026-04-19 | Buy | condo | $166.90 / sqft | 1,120 sqft | $186,928 | College Heights 87401 |
| 2026-04-19 | Buy | multi-family home | $137.50 / sqft | 3,200 sqft | $440,000 | La Plata 87401 |
| 2026-04-15 | Rent | apartment | $1.47 / sqft | 745 sqft | $1,095 | North Farmington 87402 |
| 2026-04-14 | Rent | single-family home | $1.03 / sqft | 2,400 sqft | $2,472 | San Juan Country Club 87402 |
| 2026-04-11 | Buy | single-family home | $228.90 / sqft | 2,605 sqft | $596,285 | San Juan Country Club 87402 |
| 2026-04-08 | Buy | duplex | $148.40 / sqft | 2,080 sqft | $308,672 | West Farmington 87401 |
| 2026-04-06 | Rent | luxury apartment | $1.73 / sqft | 1,180 sqft | $2,041 | San Juan Country Club 87402 |
| 2025-05-01 | Rent | single-family home | $1.13 / sqft / month | 1,950 sqft | $2,200 | Pinon Hills 87402 |
| 2025-02-14 | Buy | townhouse | $169.90 / sqft | 1,564 sqft | $265,724 | College Heights 87401 |
| 2024-07-01 | Rent | apartment | $1.33 / sqft / month | 635 sqft | $845 | Downtown Farmington 87401 |
| 2024-04-26 | Buy | single-family home | $184.60 / sqft | 1,900 sqft | $350,740 | San Juan Country Club 87402 |
| 2023-08-01 | Rent | duplex | $1.20 / sqft / month | 1,100 sqft | $1,320 | Riverside 87401 |
| 2023-05-12 | Buy | single-family home | $171.20 / sqft | 1,625 sqft | $278,200 | Animas Valley 87401 |
| 2022-10-01 | Rent | townhouse | $1.13 / sqft / month | 1,260 sqft | $1,425 | Morningstar 87401 |
| 2022-06-17 | Buy | single-family home | $158.70 / sqft | 1,810 sqft | $287,247 | Foothills 87402 |
| 2021-09-01 | Rent | apartment | $1.16 / sqft / month | 690 sqft | $800 | East Farmington 87402 |
| 2021-05-20 | Buy | condo | $136.40 / sqft | 1,080 sqft | $147,312 | Downtown Farmington 87401 |
| 2020-11-01 | Rent | single-family home | $0.96 / sqft / month | 1,740 sqft | $1,670 | Wildwood Estates 87402 |
| 2020-07-10 | Buy | single-family home | $141.90 / sqft | 1,705 sqft | $241,940 | Sunrise 87401 |
| 2019-12-01 | Rent | apartment | $1.08 / sqft / month | 760 sqft | $821 | College Heights 87401 |
| 2019-03-15 | Buy | townhouse | $127.50 / sqft | 1,420 sqft | $181,050 | East Main Corridor 87401 |
| 2018-09-01 | Rent | duplex | $1.02 / sqft / month | 1,020 sqft | $1,040 | La Plata 87401 |
| 2018-06-29 | Buy | single-family home | $134.80 / sqft | 1,920 sqft | $258,816 | Pinon Hills 87402 |
| 2017-07-01 | Rent | single-family home | $0.88 / sqft / month | 1,850 sqft | $1,628 | North Farmington 87402 |
| 2017-05-23 | Buy | multi-family home | $104.60 / sqft | 2,800 sqft | $292,880 | Riverside 87401 |
| 2016-11-01 | Rent | apartment | $0.99 / sqft / month | 635 sqft | $630 | Downtown Farmington 87401 |
| 2016-08-19 | Buy | single-family home | $130.20 / sqft | 1,650 sqft | $214,830 | Foothills 87402 |
| 2015-10-01 | Rent | townhouse | $0.94 / sqft / month | 1,180 sqft | $1,110 | College Heights 87401 |
| 2015-04-02 | Buy | single-family home | $123.60 / sqft | 1,840 sqft | $227,424 | San Juan Country Club 87402 |
| 2014-12-01 | Rent | condo | $0.95 / sqft / month | 930 sqft | $884 | East Farmington 87402 |
| 2014-06-13 | Buy | duplex | $96.80 / sqft | 2,050 sqft | $198,440 | West Farmington 87401 |
| 2013-09-01 | Rent | apartment | $0.92 / sqft / month | 700 sqft | $645 | East Main Corridor 87402 |
| 2013-07-25 | Buy | single-family home | $118.70 / sqft | 1,510 sqft | $179,237 | Morningstar 87401 |
| 2012-11-01 | Rent | single-family home | $0.75 / sqft / month | 1,760 sqft | $1,320 | Pinon Hills 87402 |
| 2012-03-08 | Buy | townhouse | $112.40 / sqft | 1,330 sqft | $149,492 | Downtown Farmington 87401 |
| 2011-08-01 | Rent | apartment | $0.89 / sqft / month | 650 sqft | $580 | Animas Valley 87401 |
| 2011-05-17 | Buy | single-family home | $125.30 / sqft | 1,664 sqft | $208,499 | North Farmington 87402 |
| 2010-12-01 | Rent | duplex | $0.82 / sqft / month | 980 sqft | $805 | Riverside 87401 |
| 2010-04-28 | Buy | condo | $108.90 / sqft | 1,010 sqft | $109,989 | College Heights 87401 |
| 2009-07-01 | Rent | single-family home | $0.70 / sqft / month | 1,680 sqft | $1,175 | Wildwood Estates 87402 |
| 2009-02-18 | Buy | manufactured home | $76.10 / sqft | 1,510 sqft | $114,911 | La Plata 87401 |
| 2008-09-01 | Rent | apartment | $0.87 / sqft / month | 720 sqft | $625 | Downtown Farmington 87401 |
| 2008-06-10 | Buy | single-family home | $119.40 / sqft | 1,632 sqft | $194,861 | East Farmington 87402 |
| 2007-10-01 | Rent | townhouse | $0.82 / sqft / month | 1,120 sqft | $918 | College Heights 87401 |
| 2007-09-21 | Buy | single-family home | $118.50 / sqft | 1,594 sqft | $188,889 | Foothills 87402 |
| 2006-06-01 | Rent | condo | $0.76 / sqft / month | 890 sqft | $675 | Pinon Hills 87402 |
| 2006-03-16 | Buy | multi-family home | $82.60 / sqft | 2,460 sqft | $203,196 | West Farmington 87401 |
| 2005-12-01 | Rent | apartment | $0.78 / sqft / month | 640 sqft | $500 | Riverside 87401 |
| 2005-08-04 | Buy | single-family home | $104.30 / sqft | 1,740 sqft | $181,482 | San Juan Country Club 87402 |
| 2004-11-01 | Rent | single-family home | $0.61 / sqft / month | 1,580 sqft | $965 | North Farmington 87402 |
| 2004-05-11 | Buy | townhouse | $96.50 / sqft | 1,250 sqft | $120,625 | Downtown Farmington 87401 |
| 2003-09-01 | Rent | apartment | $0.71 / sqft / month | 760 sqft | $540 | East Farmington 87402 |
| 2003-06-26 | Buy | single-family home | $91.80 / sqft | 1,420 sqft | $130,356 | Animas Valley 87401 |
| 2002-12-01 | Rent | duplex | $0.67 / sqft / month | 930 sqft | $625 | La Plata 87401 |
| 2002-07-19 | Buy | single-family home | $87.40 / sqft | 1,860 sqft | $162,564 | Foothills 87402 |
| 2001-10-01 | Rent | townhouse | $0.62 / sqft / month | 1,050 sqft | $650 | East Main Corridor 87402 |
| 2001-03-30 | Buy | condo | $70.20 / sqft | 980 sqft | $68,796 | College Heights 87401 |
| 2000-08-01 | Rent | apartment | $0.64 / sqft / month | 585 sqft | $375 | Downtown Farmington 87401 |
| 2000-04-13 | Buy | single-family home | $81.85 / sqft | 1,625 sqft | $133,006 | Morningstar 87401 |
| 1999-07-01 | Rent | single-family home | $0.50 / sqft / month | 1,500 sqft | $750 | Pinon Hills 87402 |
| 1999-05-05 | Buy | duplex | $58.90 / sqft | 1,820 sqft | $107,198 | Riverside 87401 |
| 1998-11-01 | Rent | condo | $0.60 / sqft / month | 830 sqft | $500 | East Farmington 87402 |
| 1997-08-27 | Buy | single-family home | $75.40 / sqft | 1,710 sqft | $128,934 | North Farmington 87402 |
| 1997-02-01 | Rent | apartment | $0.57 / sqft / month | 700 sqft | $399 | Animas Valley 87401 |
| 1996-04-09 | Buy | townhouse | $72.10 / sqft | 1,180 sqft | $85,078 | College Heights 87401 |
| 1995-12-01 | Rent | single-family home | $0.45 / sqft / month | 1,320 sqft | $595 | La Plata 87401 |
| 1995-10-14 | Buy | single-family home | $68.20 / sqft | 1,580 sqft | $107,756 | East Farmington 87402 |
| 1994-06-01 | Rent | duplex | $0.48 / sqft / month | 900 sqft | $430 | Riverside 87401 |
| 1993-03-22 | Buy | manufactured home | $48.75 / sqft | 1,280 sqft | $62,400 | West Farmington 87401 |
| 1992-09-01 | Rent | apartment | $0.52 / sqft / month | 620 sqft | $325 | Downtown Farmington 87401 |
| 1992-05-18 | Buy | single-family home | $62.50 / sqft | 1,440 sqft | $90,000 | Downtown Farmington 87401 |
Housing market overview for Farmington, NM
The real estate market in Farmington, NM can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $205.00 / sqft and an average rent of $1.35 / sqft / month.
Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.
The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.
Frequently asked questions
What is the average home price per square foot in Farmington?
The average residential buy price in Farmington, NM is $205.00 / sqft based on the current values available on this page.
How much is rent per square foot in Farmington?
The average rental price in Farmington, NM is $1.35 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.
Are property prices in Farmington increasing?
Buy prices have increased by about 24.6% over the last 5 years. Rent prices have decreased by about 2.6% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.