Farmington, NM Metro Area: Median Home Value Trend
How Farmington, NM Metro Area's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$143,300
2023
$185,100
Total change
+$41,800
% change
+29.2%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $143,300 | — |
| 2019 | $151,200 | +$7,900 (5.5%) |
| 2020 | $155,000 | +$3,800 (2.5%) |
| 2021 | $155,000 | +$0 (0%) |
| 2022 | $170,700 | +$15,700 (10.1%) |
| 2023 | $185,100 | +$14,400 (8.4%) |