Median home value in zip code 87402 (Farmington, NM) is $320,525, up 3.7% year over year. Part of the Farmington, NM metropolitan area.

Home Value$320,525

YoY Change

+3.7%

Prices rising — worse for buyers.

Affordability

Enter your income for 87402 (Farmington).

Income (annual)

Down Payment

$64,105 on $320,525

Example: $75,000 household income. Change it above to see your own.

Stretch31.5% of income

Above 28% but manageable with cuts.

PITI$1,968

P/I31.5%

Afford$285K

Gap-$36K

P&I $1,621Tax $214Ins $133

6.50% 30yr, 20% down, county tax + NM ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

87402 is part of the Farmington, NM metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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