$1,122,000
- 3 Baths
- 2,949 Sq Ft
5045 Bloomfield Hwy, Farmington, NM 87401

Allen Elmore
EXP Realty, LLC
(505) 589-3316
$1,122,000
5045 Bloomfield Hwy, Farmington, NM 87401
Allen Elmore
EXP Realty, LLC
(505) 589-3316
$1,647,000
5045 Bloomfield Hwy, Farmington, NM 87401
Allen Elmore
EXP Realty, LLC
(505) 636-5494
$359,900
311 & 313 N Buena Vista Ave, Farmington, NM 87401
Jodi Brown Real Estate PROS
$250,000
1033 Smith Ln, Farmington, NM 87401
Elizabeth Tafoya RE/MAX of Farmington
$399,900
602 N Orchard Ave Unit A - F, Farmington, NM 87401
Darin Cahoon RE/MAX of Farmington
Farmington, New Mexico, situated just south of Colorado, is a small city with a rich history in agriculture and oil production. Today, it draws residents and visitors with its diverse recreational activities, including hiking, river rafting, and fishing at Lake Farmington and Navajo Lake. The Animas and San Juan Rivers offer additional water sports and scenic views. Downtown Farmington is lively, featuring shops, dining options, museums, and annual events that bring the community together. The Farmington Civic Center hosts live theater and youth acting classes, while museums explore science, Navajo heritage, and local history. Farmington Municipal Schools serve around 11,000 students and are recognized for their music education program. Housing options include ranch, Pueblo Revival, contemporary, and Craftsman-style homes, with custom-built estates in the northwest. Main Street offers eateries with Tex-Mex, pizza, and ethnic cuisine, along with bars and a brewery-distillery combo. Farmington is about 52 miles southwest of Durango, Colorado, and 182 miles northwest of Albuquerque. The city experiences all four seasons, with warm summers and chilly winters, receiving some snow. Over the past five years, Farmington has seen decreasing crime rates, with property crime rates lower than state averages. Residents have access to various transportation options, including bicycle-friendly roads and Red Apple Transit buses.
On average, homes in Farmington, NM sell after 71 days on the market compared to the national average of 52 days. The median sale price for homes in Farmington, NM over the last 12 months is $396,500, down 5% from the median home sale price over the previous 12 months.
In Farmington, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $250,000 to $1,647,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Farmington is $425,000, while the average sale price is $413,442, offering insights into the local housing market. On average, multi-family homes spend 71 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Farmington, NM.