Farmington, NM

Farmington, NM real estate market: appreciation, rent growth, cap rate, IRR, and property taxes.

Appreciation

: 3.2%/yr.

Rent growth

: 2.8%/yr.

Median cap rate

: 3.3%.

Median IRR

: 2.5%.

Median rental home value

: $244,600.

Median rental rate

: $956/mo.

Median property tax

: $1,317/yr.

Sources: FHFA House Price Index®, U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public single-family listings, updated October 2026.

Browse analyzed properties in Farmington, NM →

Top listings right now

1313 Camino Monte, Farmington, NM 87401 $240,000· 4 bd· 2 ba
4302 Rowe Ave, Farmington, NM 87402 $229,900· 3 bd· 2 ba
705 N Monterey Ave, Farmington, NM 87401 $269,900· 4 bd· 2 ba
1213 N Tucker Ave, Farmington, NM 87401 $230,000· 3 bd· 2 ba
604 E 39th St, Farmington, NM 87401 $239,900· 3 bd· 2 ba
108 W Nambe St, Farmington, NM 87401 $285,000· 4 bd· 2 ba
2409 Camino Rio, Farmington, NM 87401 $309,000· 4 bd· 2 ba
27 Road 5457, Farmington, NM 87401 $249,800· 4 bd· 2 ba
5401 1st Ave, Farmington, NM 87402 $289,900· 3 bd· 2 ba
632 Highway 170, Farmington, NM 87401 $269,000· 2 bd· 2 ba
2604 E 30th St, Farmington, NM 87402 $318,000· 4 bd· 2 ba
1368 Bluejay Cir, Farmington, NM 87401 $330,000· 3 bd· 2 ba
4425 Elk Ridge Ct, Farmington, NM 87401 $579,000· 4 bd· 2 ba
22 Road 2893, Aztec, NM 87410 $425,000· 4 bd· 3 ba
1633 2 Rd, La Plata, NM $525,000· 3 bd· 2.5 ba
42 And 44 4380 Rd, Navajo Dam, CO $425,000· 3 bd· 2 ba

ZIP codes in Farmington, NM

Rental market data for every ZIP code in this metro area.