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Median Home Price in Farmington, NM

The median home value in Farmington, NM is $286,428 as of 2026-06-30, up 5.64% from a year earlier.

Median Home Value

$286,428

Year-over-Year

+5.64%

Population

46,150

Farmington ranks #11 of 27 New Mexico cities tracked here by median home value, and sits 10.0% above the state's city median of $260,337. It sits in San Juan County, where the county-wide median is $278,025.

Crime in Farmington

Farmington police recorded a violent crime rate of 951 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 2,459 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Farmington

How much does a house cost in Farmington, NM?

The median home value in Farmington is $286,428. That's up 5.64% from a year earlier. That is about 10.0% above the typical county in New Mexico.

Is Farmington expensive compared to the surrounding area?

Homes in Farmington are more expensive than San Juan County as a whole, where the median is $278,025 — a difference of about 3.0%.

Is Farmington a safe place to live?

Farmington police reported 951 violent crimes per 100,000 residents, covering a population of about 46,150. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.