Farmington, NM 87402 Real Estate & Property Data
Last Updated: April 25, 2024
A total of 222 residential properties have been sold over the past 12 months in 87402. With a median sales price of $315,000 in 87402. Discover market trends and get the granular level real estate data for Farmington, NM 87402 to keep your pulse on the housing market. Curate compelling home reports for Farmington, NM 87402 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.
Total Residential Properties 4,503
Total Commercial Properties 216
Avg. Home Age (Single Family Home) 37 Years
Avg. Square Feet (Single Family Home) 1,904
Total 2024 Residential Sales (year-to-date) 20
% of Homes Seriously Underwater (Q2 2024) 0.72%
Total 2023 Residential Sales 216
% of Equity Rich Homes (Q2 2024) 32.96%
Effective 2023 Property Tax 0.51%
Total Foreclosure Filings (year-to-date) N/A
Farmington, NM 87402 Real Estate Overview
There were 222 residential properties sold in the past year in Farmington, NM 87402. The median home value in Farmington, NM 87402 is $321,937. There are a total of 4,503 residential properties in the 87402.
Median Sales Price i
$315,000
(Feb 2024)
+32.5%
year-over-year
y-o-y
- February '24 Feb '24 $315,000
- January '24 Jan '24 $340,841
- December '23 Dec '23 $424,744
- November '23 Nov '23 $272,813
- October '23 Oct '23 $208,587
- September '23 Sep '23 $284,899
- August '23 Aug '23 $243,750
- July '23 Jul '23 $326,250
- June '23 Jun '23 $285,410
- May '23 May '23 $375,000
- April '23 Apr '23 $276,362
- March '23 Mar '23 $304,750
Median Down Payment i
$40,375
(Feb 2024)
+21.9%
year-over-year
y-o-y
- February '24 Feb '24 $40,375
- January '24 Jan '24 $45,000
- December '23 Dec '23 $101,525
- November '23 Nov '23 $72,250
- October '23 Oct '23 $35,062
- September '23 Sep '23 $41,625
- August '23 Aug '23 $46,875
- July '23 Jul '23 $63,550
- June '23 Jun '23 $42,994
- May '23 May '23 $81,875
- April '23 Apr '23 $67,706
- March '23 Mar '23 $49,512
Number of Homes Sold i
6
(Feb 2024)
-53.8%
year-over-year
y-o-y
Number of Purchase Loans i
4
(Feb 2024)
-60%
year-over-year
y-o-y
Number of REFI Loans i
6
(Feb 2024)
-25%
year-over-year
y-o-y
Number of HELOC Loans i
1
(Feb 2024)
year-over-year
y-o-y
Farmington, NM 87402 Real Estate Market Overview
Last 30 days- Street
- Street
- Street
Farmington, NM 87402 Foreclosure Activity
Total Foreclosure Filings i
- February '24 Feb '24 N/A
- January '24 Jan '24 N/A
- December '23 Dec '23 N/A
- November '23 Nov '23 N/A
- October '23 Oct '23 N/A
- September '23 Sep '23 N/A
- August '23 Aug '23 N/A
- July '23 Jul '23 N/A
- June '23 Jun '23 1
- May '23 May '23 N/A
- April '23 Apr '23 1
- March '23 Mar '23 N/A
Foreclosure Starts i
- February '24 Feb '24 N/A
- January '24 Jan '24 N/A
- December '23 Dec '23 N/A
- November '23 Nov '23 N/A
- October '23 Oct '23 N/A
- September '23 Sep '23 N/A
- August '23 Aug '23 N/A
- July '23 Jul '23 N/A
- June '23 Jun '23 N/A
- May '23 May '23 N/A
- April '23 Apr '23 1
- March '23 Mar '23 N/A
Completed Foreclosures (REOs) i
- February '24 Feb '24 N/A
- January '24 Jan '24 N/A
- December '23 Dec '23 N/A
- November '23 Nov '23 N/A
- October '23 Oct '23 N/A
- September '23 Sep '23 N/A
- August '23 Aug '23 N/A
- July '23 Jul '23 N/A
- June '23 Jun '23 N/A
- May '23 May '23 N/A
- April '23 Apr '23 1
- March '23 Mar '23 N/A
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