Zip 87499 (Farmington, NM) Housing

The housing market in 87499 Farmington, NM is thriving and appreciated significantly over the past year. The median value of a house in 87499 Farmington, NM is $100,200, which is much lower than the US House Median Value of $338,100. However, the appreciation rate of houses in 87499 Farmington, NM was 15.14%, which is far higher than the US 1 year House Appreciation rate of 8.27%. This indicates that the housing market in 87499 Farmington, NM is flourishing and growing at a fast pace.

The median home cost in Farmington (zip 87499) is $100,200. Home appreciation the last 10 years has been 37.1%. Home Appreciation in Farmington (zip 87499) is up 13.4%.

Average Age of Homes

- The median age of Farmington (zip 87499) real estate is 30 years old

The Rental Market in Farmington (zip 87499)

- Renters make up 1.2% of the Farmington (zip 87499) population
- 0.0% of houses and apartments in Farmington (zip 87499), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Farmington, New Mexico	United States
	360.0	139,647,020.0
	36	42
	$100,200	$338,100
	13.4%	16.6%
	33.6%	57.0%
	37.1%	101.1%
	$7.02	$10.98
	$199	$2,690
	68.6%	57.4%
	18.6%	11.2%
	12.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	3.9%	3.6%
	14.7%	4.1%
Value of Owner-Occupied Housing
	15.0%	2.6%
	6.5%	2.4%
	19.0%	2.8%
	9.3%	3.9%
	2.4%	4.5%
	9.3%	11.3%
	12.6%	13.0%
	5.7%	20.1%
	18.6%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	1.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	24.4%	13.6%
	24.4%	13.6%
	8.9%	13.6%
	30.8%	13.2%
	13.6%	14.8%
	8.9%	13.6%
	4.7%	10.0%
	1.1%	4.7%
	1.4%	12.2%

Reviews for Farmington

See all (0)

Write a Review

Start Your Review of Farmington

Commute

The premier source for comprehensive city data for over 30 years.

��