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Housing in Farmington, New Mexico

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Housing - Updated September, 2011
HousingFarmington, NMUnited States
Median Home Age31.735.1
Median Home Cost$177,600$175,100
Home Appreciation-3.71%-3.15%
Homes Owned62.80%59.90%
Housing Vacant6.21%10.37%
Homes Rented30.99%29.73%
Property Tax Rate$5.27$11.20
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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Less Than $20,0004.75%2.65%
$20,000 to $39,9993.42%3.76%
$40,000 to $59,9993.54%4.99%
$60,000 to $79,9992.58%6.01%
$80,000 to $99,9993.96%7.27%
$100,000 to $149,99921.55%19.24%
$150,000 to $199,99923.28%14.67%
$200,000 to $299,99921.27%18.09%
$300,000 to $399,9998.33%9.14%
$400,000 to $499,9993.51%4.94%
$500,000 to $749,9992.71%5.42%
$750,000 to $999,9990.56%2.03%
$1,000,000 or more0.54%1.77%
HOUSING UNITS BY YEAR STRUCTURE BUILT
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1999 to 200512.92%13.71%
1995 to 19987.95%8.54%
1990 to 19946.42%5.77%
1980 to 198917.07%13.87%
1970 to 197923.20%16.17%
1960 to 196910.66%11.70%
1950 to 195916.57%11.08%
1940 to 19492.61%6.02%
1939 or Earlier2.60%13.15%

The median home value in Farmington, NM, is $177,600. Home appreciation is -3.71% over the last year. The median age of Farmington, NM, real estate is 32 years.

Farmington, NM Apartments and Rentals

Renters make up 30.99% of the Farmington, NM, population. 6.21% of houses and apartments in Farmington, NM, are unoccupied (vacancy rate).


Farmington Housing SperlingViews

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