Market Intelligence Report — NM-140
Farmington, NM
Monthly housing intelligence, market trends, and trusted local expertise.
Ref. No: 2026-NM-05
Updated: May 2026
Updated: May 2026
Median Listing
$391K
+0.1% YOY
Pending Ratio
0.98
+7.4% YOY
Active Inventory
117
-10.7% YOY
Median DOM
48 Days
-5.0% YOY
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Market Signals & Indicators
Supply Dynamics
117 active listings represent the current floor, with new supply arriving at roughly 96 per month.
Pricing Pressure
13.1%
of active listings carry a price reduction, -2.2% from prior period.
$/Sq Ft
$0K
Median price per square foot has moved +9.9% year-over-year.
Absorption
0.98
Pending-to-active ratio — supply and demand dynamics are mixed.
Metro Demographics
Metro Area
Farmington, NM
CBSA Code
22140
State
NM
