Data as of February 2026. Source: Realtor.com.
The FARMINGTON, NM real estate market (87402) currently shows 54 active listings, with 24 pending sales. Homes are averaging 86 days on the market before going under contract.
Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 86 days on market compared to 72 days last year.
The median listing price has fallen 9.3% year-over-year, from $463,500 to $420,225.
Whether you are buying or selling in FARMINGTON, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 10,362 · Density: 257.7/mi² · Median household income: $72,869
Typical home value: $263,028 · Homeownership: 76.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 87402 | Farmington, NM 87402 | 0.0 mi | 50 | $24,499,750 | $427,450 | $489,995 |
| 87401 | Farmington, NM 87401 | 4.2 mi | 95 | $44,191,625 | $359,500 | $465,175 |
| 87417 | Kirtland, NM 87417 | 11.4 mi | 3 | $1,057,500 | $352,500 | $352,500 |
| 87416 | Fruitland, NM 87416 | 21.5 mi | 2 | $240,000 | $120,000 | $120,000 |
| 81326 | Hesperus, CO 81326 | 24.6 mi | 16 | $52,693,824 | $1,650,000 | $3,293,364 |
| 81303 | Durango, CO 81303 | 28.3 mi | 35 | $36,694,455 | $957,500 | $1,048,413 |
| 81137 | Ignacio, CO 81137 | 34.6 mi | 18 | $8,852,724 | $411,950 | $491,818 |
| 81328 | Mancos, CO 81328 | 36.3 mi | 19 | $21,018,997 | $824,450 | $1,106,263 |
| 81321 | Cortez, CO 81321 | 49.6 mi | 79 | $39,501,501 | $442,500 | $500,019 |
| 81301 | Durango, CO 81301 | 52.8 mi | 223 | $301,357,740 | $849,000 | $1,351,380 |
| 81323 | Dolores, CO 81323 | 59.6 mi | 31 | $31,219,914 | $739,500 | $1,007,094 |
| 81332 | Rico, CO 81332 | 63.2 mi | 4 | $3,118,400 | $775,000 | $779,600 |
| 87029 | Lindrith, NM 87029 | 67.5 mi | 1 | $325,000 | $325,000 | $325,000 |
As of February 2026, there are 54 active listings in FARMINGTON, NM (zip code 87402), compared to 39 the prior year.
The median listing price in FARMINGTON, NM 87402 is $420,225 as of February 2026, a 9.3% decrease from $463,500 the prior year.
Homes in FARMINGTON, NM 87402 spend an average of 86 days on the market before going under contract, compared to 72 days the prior year.
Based on current inventory and days-on-market data as of February 2026, FARMINGTON, NM 87402 is currently a Buyer's Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 86 days on market compared to 72 days last year.
With SELL123.com's maximum 3% commission, sellers in FARMINGTON, NM 87402 save an estimated $8,405 compared to a typical 5% commission on the median listing price of $420,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.