| Farmington, NM | |
|---|---|
 | |
| State | New Mexico |
| Population | 45,258 |
| Links | |
| Maps | |
Compared to other places in this area, Farmington is significantly more expensive, and it is a bit less expensive compared to the nation as a whole.
The median home in Farmington costs $186,800. In comparison to its surrounding areas this is approximately $51,933 (38%) higher.It is about $30,700 (14%) lower compared to the nation as a whole.
The median rent in Farmington is $868 a month. Compared to nearby areas it is about $68 (7%) lower.In comparison to the entire country it is about $194 (18%) lower.
Lee Acres is Farmington's neighbor to the southeast. Its real estate prices are somewhat less expensive. The value of the median home in Lee Acres is $148,700, which is $38,100 (25%) lower than Farmington. The rent there is fairly similar. Lee Acres's median rent is $890 per month, which is $22 (2%) higher than Farmington.
Napi Headquarters is about 7 miles south from Farmington. The housing prices there are a lot less expensive. The cost of the median home in Napi Headquarters is $53,300, which comes out to $133,500 (250%) lower than Farmington. Rent there is significantly less expensive. The median monthly rent in Napi Headquarters is $559, which works out to $309 (55%) lower than Farmington.
Spencerville is about 7 miles northeast of Farmington. The housing prices there are substantially less expensive. Spencerville's median home cost is $137,200, which comes out to $49,600 (36%) lower than Farmington. Rents there are significantly more expensive. In Spencerville the median rent is $1,279 per month, which is $411 (32%) higher than Farmington.
West Hammond is approximately 8 miles southeast of Farmington. Its real estate prices are a little less expensive. The median home in West Hammond is valued at $166,400, which is $20,400 (12%) lower than Farmington. The rent there is a bit more expensive. In West Hammond the median monthly rent is $1,045, which works out to $177 (16%) higher than Farmington.
Kirtland is about 8 miles west of Farmington. Its housing prices are a bit more expensive. The median home in Kirtland is valued at $216,000, which is $29,200 (13%) higher than Farmington. Rents there are a little more expensive. In Kirtland the median rent is $1,025 per month, which is $157 (15%) higher than Farmington.
Ojo Amarillo is roughly 10 miles southwest from Farmington. Housing prices there are significantly less expensive. The median home in Ojo Amarillo costs $87,600, which comes out to $99,200 (113%) lower than Farmington. Its rents are a little less expensive. The median monthly rent in Ojo Amarillo is $817, which is $51 (6%) lower than Farmington.