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2025 Compare Cities Housing:
Farmington, NM vs Hot Springs Village, AR

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Highlights
- The median age of a home in Farmington is 30.8% older than the median age of a home in Hot Springs Village.
 Farmington, NMHot Springs Village, ARUnited States
 Median Home Age39  Unlock42
 Median Home Cost  Unlock$270,400$338,100
 Home Appr. Last 12 months13.4%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock52.7%57.0%
 Home Appr. Last 10 yrs.37.1%  Unlock101.1%
 Property Tax Rate  Unlock$5.9$11.0
 Homes Owned56.5%  Unlock57.4%
 Housing Vacant  Unlock14.9%11.2%
 Homes Rented32.1%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Farmington, NMHot Springs Village, ARUnited States
 Average Rent  Unlock$1,470$1,840
 Studio Apartment$870  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$920$1,180
 2 Bedroom Home or Apartment$1,050  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,490$1,860
 4 Bedroom Home or Apartment$1,620  Unlock$2,160
 space1
 Vacant Housing
 Farmington, NMHot Springs Village, ARUnited States
 Vacant For Rent  Unlock2.8%1.9%
 Vacant Rented0.2%  Unlock0.4%
 Vacant For Sale  Unlock1.3%0.7%
 Vacant Sold0.1%  Unlock0.4%
 Vacant Vacation  Unlock7.0%3.6%
 Vacant Other3.7%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Farmington, NMHot Springs Village, ARUnited States
 Less Than $20,000  Unlock1.0%2.6%
 $20,000 to $39,9994.5%  Unlock2.4%
 $40,000 to $59,999  Unlock1.6%2.8%
 $60,000 to $79,9991.0%  Unlock3.9%
 $80,000 to $99,999  Unlock1.6%4.5%
 $100,000 to $149,99911.2%  Unlock11.3%
 $150,000 to $199,999  Unlock17.9%13.0%
 $200,000 to $299,99927.3%  Unlock20.1%
 $300,000 to $399,999  Unlock18.5%13.6%
 $400,000 to $499,9993.8%  Unlock8.3%
 $500,000 to $749,999  Unlock6.8%9.7%
 $750,000 to $999,9990.8%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.5%2.2%
 $1,500,000 to $1,999,9990.1%  Unlock0.8%
 $2,000,000 and over  Unlock0.2%1.1%
 space3
 Housing Units By Year Built
 Farmington, NMHot Springs Village, ARUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock21.6%13.6%
 2000 to 200916.6%  Unlock13.6%
 1990 to 1999  Unlock31.5%13.6%
 1980 to 198916.8%  Unlock13.2%
 1970 to 1979  Unlock18.7%14.8%
 1960 to 196913.1%  Unlock13.6%
 1950 to 1959  Unlock0.5%10.0%
 1940 to 19492.1%  Unlock4.7%
 1939 or Earlier  Unlock0.3%12.2%
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Reviews for Farmington    24 Reviews
Patricia · Flora Vista, NM
Do not move here if you value happiness.
Over 6 years ago

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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P Renee · Vancouver, WA
Don't move to Farmington
Over 7 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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Tyler · Lexington-Fayette, KY
Outdoor recreation on the cheap
Over 7 years ago

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 Hot Springs Village    16 Reviews
SUZANNE · Hot Springs Village, AR
Heaven
Over 4 years ago

We’ve been coming here for nearly 30 years. Bought a house on Lake Balboa 3 years ago and love the neighbors, golf, restaurants and location. Many lakes in this gated  More

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Timothy · Hot Springs Village, AR
Nice but say in compliance
Over 4 years ago

I have moved into Hot Springs Village less than 2 months ago. Within that 2 month time period I have had the POA compliance authorities come to tell me I was out of  More

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Kay · Mystic, CT
TOP 12 REASONS TO RETIRE TO HOT SPRINGS VILLAGE
Over 4 years ago

1. Cost of living is lower than most other states, especially property taxes. 2. Icy and snowy weather is infrequent. 3. Hurricane evacuations are not an issue you  More

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Learn More About Farmington, New Mexico
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