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2024 Compare Cities Housing:
Farmington, NM vs Albuquerque, NM

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Highlights
- The median age of a home in Farmington is 2.6% younger than the median age of a home in Albuquerque.

Housing
 Farmington, NMAlbuquerque, NMUnited States
 Median Home Age394042
 Median Home Cost$216,100$308,100$338,100
 Home Appr. Last 12 months13.4%17.1%16.6%
 Home Appr. Last 5 yrs.33.6%57.7%57.0%
 Home Appr. Last 10 yrs.37.1%77.7%101.1%
 Property Tax Rate$6.6$10.8$11.0
 Homes Owned56.5%56.1%57.4%
 Housing Vacant11.4%6.6%11.2%
 Homes Rented32.1%37.2%31.4%
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 Avg Rent For Home Or Apartment
 Farmington, NMAlbuquerque, NMUnited States
 Average Rent$1,460$1,710$1,840
 Studio Apartment$870$810$1,080
 1 Bedroom Home or Apartment$890$1,000$1,180
 2 Bedroom Home or Apartment$1,050$1,220$1,430
 3 Bedroom Home or Apartment$1,480$1,730$1,860
 4 Bedroom Home or Apartment$1,620$2,070$2,160
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 Vacant Housing
 Farmington, NMAlbuquerque, NMUnited States
 Vacant For Rent5.4%2.6%1.9%
 Vacant Rented0.2%0.4%0.4%
 Vacant For Sale1.8%0.6%0.7%
 Vacant Sold0.1%0.3%0.4%
 Vacant Vacation0.2%0.6%3.6%
 Vacant Other3.7%2.2%4.1%
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 Owner-Occupied Housing Value
 Farmington, NMAlbuquerque, NMUnited States
 Less Than $20,0009.1%3.3%2.6%
 $20,000 to $39,9994.5%1.4%2.4%
 $40,000 to $59,9992.7%0.6%2.8%
 $60,000 to $79,9991.0%0.9%3.9%
 $80,000 to $99,9993.4%2.0%4.5%
 $100,000 to $149,99911.2%13.1%11.3%
 $150,000 to $199,99925.3%23.1%13.0%
 $200,000 to $299,99927.3%31.9%20.1%
 $300,000 to $399,9998.2%13.0%13.6%
 $400,000 to $499,9993.8%5.9%8.3%
 $500,000 to $749,9992.4%3.5%9.7%
 $750,000 to $999,9990.8%0.7%3.9%
 $1,000,000 to $1,499,9990.1%0.3%2.2%
 $1,500,000 to $1,999,9990.1%0.1%0.8%
 $2,000,000 and over0.1%0.2%1.1%
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 Housing Units By Year Built
 Farmington, NMAlbuquerque, NMUnited States
 2015 and Newer0.1%0.2%0.2%
 2010 to 201416.6%16.1%13.6%
 2000 to 200916.6%16.1%13.6%
 1990 to 199913.1%14.9%13.6%
 1980 to 198916.8%15.1%13.2%
 1970 to 197924.0%19.1%14.8%
 1960 to 196913.1%14.9%13.6%
 1950 to 195912.0%11.8%10.0%
 1940 to 19492.1%4.3%4.7%
 1939 or Earlier0.9%3.1%12.2%

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Reviews for Farmington    24 Reviews

The worst place I have ever lived. It is dirty, crime ridden, uneducated and good luck getting good medical care. San Juan anything sucks. Unfriendly, ugly, dusty,  More

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Over 6 years ago

No social life, limited resources, dirty roads with potholes, unclean people, litter, no recreational resources of any value. Employment opportunities don't exist, lack  More

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World class fly fishing (San Juan shuffle!), nearby colorado skiing, and perhaps one of the best climates in the continental US (average western summer with mild winter,  More

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Reviews for Albuquerque    253 Reviews

We made reservations for hotel and flights for a convention located in Old Town Albuquerque NM. When preparing for our trip we found that the city of Albuquerque has no  More

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i'm from albuquerque. born here, raised in denver, moved back at 11. it's cool, there's a lot of great restaurants, the people are friendly, the vibe is laid-back, it's  More

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Over 1 years ago

I love Albuquerque! It’s an interesting place with a lot of history and interesting things to  More

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ZIPS IN FARMINGTON, NEW MEXICO
87401 87402
ZIPS IN ALBUQUERQUE, NEW MEXICO
87121, 87114, 87120, 87111, 87123, 87112, 87109, 87110, 87108, 87107, 17 total

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