Farmington Real Estate Market
The median mortgage debt is $71,330.
Farmington, NM Price Trends - Sold vs. Listed
The median list price in May for single family homes in Farmington is $227,000. The list prices increased by 5.86% from the previous month.
The price per square foot for listings in this area is $95.
Farmington, NM Market Inventory Trends
The number of active listings in Farmington increased by 150% from the previous month.
The median number of days active properties have been listed is 293. This is much longer than the national average.
Farmington, NM Property Ownership
The percent of unoccupied properties is very low in Farmington. It is -8.52% below the national average.
The percent of rental properties in Farmington is 11.27% above the national average which is typical for urban areas.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.
