Current Price

$256,743

1 Month Forecast

â–² $270,992

1-Year Forecast *

â–² $286,806

5-Year Forecast *

â–² $350,101

"Is it a good time to buy homes in Farmington?" "Does investing in real estate in Farmington (New Mexico State, San Juan County) worth it?" According to our live Forecast System, buying a house in Farmington is a good short-term (1-year) investment*. The Farmington average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Farmington" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Farmington in New Mexico State, San Juan County. If you are looking for homes for sale with good flipping profit, Farmington can be a profitable property investment option. The median price of an average house in Farmington was 256,743 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Farmington" area is 350,101 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +36.36% meaning that investing 100000 USD today may yield a profit of 36,362 USD by 2031.

Current Median Listing Price: 256,743 USD Median Listing Price Per Square Foot: 143 USD

Farmington Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Farmington (New Mexico State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Farmington Price Target

Farmington median home price target in 12 months: $286,806* (upside of 11.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $271,536 $269,517 $269,517 $272,360
2024 $241,006 $256,743 $241,006 $256,743
2023 $223,177 $239,705 $223,177 $239,705
2022 $202,144 $222,682 $202,144 $222,682
2021 $185,259 $200,133 $185,259 $200,133
2020 $180,358 $184,735 $179,673 $184,735
2019 $172,768 $179,698 $172,768 $179,698
2018 $169,095 $172,534 $169,095 $173,193
2017 $166,100 $169,136 $166,100 $171,174
2016 $164,796 $166,173 $163,394 $166,528
2015 $167,747 $166,128 $165,257 $168,522
2014 $155,732 $167,155 $155,425 $167,155
2013 $154,229 $155,214 $153,057 $156,064
2012 $145,625 $154,350 $145,625 $154,350

Questions & Answers about the Farmington Housing Market Forecast

How much does an average home cost in Farmington today?

The value of an average home (the listing price) in Farmington is $256,743 USD.

What is the average price per square foot in Farmington?

According to Walletinvestor the median price per square foot in Farmington is 143 USD.

Will the median listing price of homes in Farmington grow / rise / go up?

Yes. The Farmington home prices may rise from 256,743 USD to 286,806 USD in one year.

Is it profitable to invest in Farmington homes?

Yes. The long-term profit potential is +11.71% in one year.

Will Farmington house prices fall / drop?

No. See above.

What is the predicted price of a Farmington home in 2030?

The predicted home sales price of a Farmington home in 2030 in Farmington is 338,851 USD.

What is the predicted price of a Farmington home in 2035?

The predicted home sales price of a Farmington home in 2035 in Farmington is 427,365 USD.

Will real estate prices decrease in Farmington?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Farmington is the 979. largest city in the United States, located in New Mexico State.

During the last 12 months the real estate prices in San Juan, Farmington decreased, looking at the past 12 months.

According to Walletinvestor's Farmington real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.506% to 256,743 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 12.249% in 2021
  • 9.999% in 2022
  • 11.939% in 2023
  • 11.369% in 2024
  • 12.269% in 2025
  • 13.439% in 2026

Based on our Farmington real estate market research and report the predicted sales prices will increase by 202.620% in the next 10 years.

Over the last 12 months, the value of homes in Farmington fluctuated: decreasing 4 times.

Farmington (New Mexico) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Farmington Housing Market Forecast with Real Estate Prices for 2025
August 2025 270992 248500 293485
September 2025 272094 246245 297943
October 2025 273237 250285 296189
November 2025 274551 253136 295966
December 2025 276054 253141 298966
Farmington Housing Market Forecast with Real Estate Prices for 2026
January 2026 277565 257025 298105
February 2026 279084 251455 306714
March 2026 280612 259005 302219
April 2026 282148 262115 302180
May 2026 283692 262699 304685
June 2026 285245 262425 308064
July 2026 286806 263862 309751
August 2026 288376 265018 311735
September 2026 289954 272267 307642
October 2026 291542 272883 310200
November 2026 293137 265876 320399
December 2026 294742 268805 320679
Farmington Housing Market Forecast with Real Estate Prices for 2027
January 2027 295832 281040 310623
February 2027 296749 271525 321972
March 2027 298170 272825 323514
April 2027 299729 274552 324907
May 2027 300396 271558 329234
June 2027 301406 278801 324012
July 2027 302653 273295 332010
August 2027 304309 286051 322568
September 2027 305975 290676 321274
October 2027 307650 287652 327647
November 2027 309334 289846 328822
December 2027 310989 293885 328094
Farmington Housing Market Forecast with Real Estate Prices for 2028
January 2028 312487 292488 332486
February 2028 314198 297859 330536
March 2028 315917 288433 343402
April 2028 317647 292553 342741
May 2028 319371 300209 338534
June 2028 321030 295027 347034
July 2028 322788 301161 344414
August 2028 324554 305406 343703
September 2028 326035 304517 347554
October 2028 326748 307797 345700
November 2028 327732 303480 351984
December 2028 329526 305471 353581
Farmington Housing Market Forecast with Real Estate Prices for 2029
January 2029 331330 302504 360155
February 2029 333143 309823 356463
March 2029 334967 318218 351715
April 2029 336800 311540 362060
May 2029 338644 308504 368783
June 2029 339671 308082 371260
July 2029 338851 317165 360538
August 2029 337958 309232 366685
September 2029 337221 307545 366896
October 2029 336753 317895 355611
November 2029 336259 316756 355762
December 2029 338100 319842 356357
Farmington Housing Market Forecast with Real Estate Prices for 2030
January 2030 339474 318087 360861
February 2030 340901 323515 358286
March 2030 342540 324043 361037
April 2030 344415 312040 376790
May 2030 346300 317211 375389
June 2030 348195 314768 381622
July 2030 350101 328045 372157
August 2030 352017 334417 369618
September 2030 353944 334831 373057
October 2030 355882 330614 381149
November 2030 357829 331350 384309
December 2030 359788 327767 391809
Farmington Housing Market Forecast with Real Estate Prices for 2031
January 2031 361757 330285 393230
February 2031 363738 338276 389199
March 2031 365728 341956 389501
April 2031 367730 331325 404136
May 2031 369090 332919 405261
June 2031 370234 334691 405776
July 2031 372007 338154 405860
August 2031 373953 349272 398634
September 2031 374784 352297 397271
October 2031 376045 342577 409513
November 2031 377600 344371 410829
December 2031 379667 350812 408522
Farmington Housing Market Forecast with Real Estate Prices for 2032
January 2032 381745 352351 411139
February 2032 383835 345451 422218
March 2032 385935 350815 421056
April 2032 388001 367437 408565
May 2032 389870 359070 420670
June 2032 392004 353588 430420
July 2032 394150 358676 429623

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.