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Farmington is located in the southwestern part of the state of New Mexico and a city in San Juan County. It is situated in confluence to the Animas, La Plata, and San Juan rivers. When the Indian lands were opened to homesteaders, it was first settled and eventually developed and cultivated as a small farming community and also became a distribution point to the reservations of the Ute Mountain and Navaho Indians nearby the area. The area’s growth and development was primarily stimulated in the 1950s during the discovery of oil, coal, and natural gas. Which the Navajo Dam and the petroleum-processing plants that were then influenced by the light-industrial development of the area. The Aztec Ruins National Monument is located in the northeast part of the city, and the Salmon Ruins in the east.

Home Prices

AVERAGE
266,994 +4%
MEDIAN
220,675 -2%

Relative Price (per sqft.)

PRICE
119 +1%

Listings

ACTIVE
263 -5%
NEW
60 -16%

Market Duration

DAYS
67 -35%
Population 45,426 (18.10%)
House Size (sqft.) 1,813 (-7.95%)