The median home in Farmington, New Mexico is valued at $269,906, up 2.7% year over year. Typical monthly rent is $1,489, producing a price-to-rent ratio of 15.1x — near the national average of 18x. Farmington is part of the Farmington, NM metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
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Home Value$269,906
+2.7%
Rent$1,489/mo
AFFORDABILITYRenting $189/mo cheaper ($1,489 rent)6.50% 30yr, 20% down, county tax + NM ins. 28% per HUD.
Enter your income for Farmington.
$53,981 on $269,906
Affordable — 26.8% of income
Under the 28% guideline.
PITI$1,678
P/I26.8%
Afford$281K
Room+$12K
P&I $1,365Tax $180Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
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Full Farmington, NM analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Farmington, NM metro.
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