23

Farmington, NM Homes for Sale under $200,000

Section Image Section Image
  • 335 E Main St, Farmington, NM 87401
    335 E Main St, Farmington, NM 87401
    335 E Main St, Farmington, NM 87401
    /10

    $110,000

    • Land
    • 0.13 Acre
    • $846,154 per Acre

    335 E Main St, Farmington, NM 87401

    These exceptional corner lots are situated in the vibrant heart of the revitalized downtown Farmington, an area that has undergone significant transformation and development, making it a hub of activity and attraction. With its prime location, these lots benefits from high visibility and foot traffic, ideal for various commercial ventures. Currently zoned for general commercial use, this property

    Agent Photo

    Amanda Banks

    S.J. Gabaldon Constr. & Realty

    (505) 628-0497

    335 E Main St, Farmington, NM 87401
  • 1811 Placitas Trail, Farmington, NM 87401
    1811 Placitas Trail, Farmington, NM 87401
    1811 Placitas Trail, Farmington, NM 87401
    /41

    $135,000

    • Land
    • 2.29 Acres
    • $58,952 per Acre

    1811 Placitas Trail, Farmington, NM 87401

    ''Las Colinas'' Exceptional 2.29-acre residential building lot located in North Farmington, New Mexico, positioned at the end of a paved cul-de-sac for privacy and minimal traffic. Ideally situated less than one hour from Durango, Colorado and just minutes from Chokecherry Canyon Recreation Area, offering immediate access to outdoor recreation, hiking, and off-road trails.The gently rolling

    Agent Photo

    Allen Elmore

    EXP Realty, LLC

    (505) 705-8089

    1811 Placitas Trail, Farmington, NM 87401
  • 6 LOTS Road 3777 3783 & 3784, Farmington, NM 87401
    6 LOTS Road 3777 3783 & 3784, Farmington, NM 87401
    6 LOTS Road 3777 3783 & 3784, Farmington, NM 87401
    /20

    $160,000

    • Land
    • 9.69 Acres
    • $16,512 per Acre

    6 LOTS Road 3777 3783 & 3784, Farmington, NM 87401

    An excellent opportunity for builders and investors to secure six subdivided building lots in the highly desirable Morningstar Town Ranches subdivision in Farmington, NM, located less than an hour from Durango, CO. Positioned on an elevated hilltop with sweeping views, these lots are ideally located near the future Pinon Hills Bypass, adding long-term convenience and potential value to the area.

    Agent Photo

    Allen Elmore

    EXP Realty, LLC

    (505) 636-1906

    6 LOTS Road 3777 3783 & 3784, Farmington, NM 87401
  • NYA Foothills Dr, Farmington, NM 87402
    NYA Foothills Dr, Farmington, NM 87402
    NYA Foothills Dr, Farmington, NM 87402
    /21

    $169,000

    • Land
    • 3.83 Acres
    • $44,125 per Acre

    NYA Foothills Dr, Farmington, NM 87402

    Build your dream home on this level and cleared 3.83-acre lot along the highly desirable North Foothills Drive in Farmington, NM. Offering both space and convenience, this property provides the ideal setting for a custom home and shop with plenty of room to spread out. Enjoy the perfect balance of privacy and accessibility--close to town yet with a peaceful, secluded feel. Under an hour from

    Agent Photo

    Allen Elmore

    EXP Realty, LLC

    (505) 614-8102

    NYA Foothills Dr, Farmington, NM 87402
  • XX Andrea Dr, Farmington, NM 87401
    XX Andrea Dr, Farmington, NM 87401
    /2

    $100,000

    • Land
    • 9.64 Acres
    • $10,373 per Acre

    XX Andrea Dr, Farmington, NM 87401

    Check out this prime corner lot that spans 9.64 acres. Benefiting from high visibility and accessibility due to its location at a busy intersection this lot would be perfect for any commercial venture. With essential utilities nearby, the property is ready for immediate development, making it a cost-effective investment. The high traffic count ensures a steady flow of potential customers, and its

    Agent Photo

    Amanda Banks

    S.J. Gabaldon Constr. & Realty

    (505) 278-6078

    XX Andrea Dr, Farmington, NM 87401
  • XX, Farmington, NM 87401
    XX, Farmington, NM 87401
    /2

    $169,999

    • Land

    XX, Farmington, NM 87401

    15 acres ,borders existing trailer park on west side and borders commercial property on East side Owner has 4 parcels. Discounts for multiple purchases. Owner will consider REC.

    Rick Mace Coldwell Banker Cornerstone

    XX, Farmington, NM 87401
  • 4A Road 5761, Farmington, NM 87401
    4A Road 5761, Farmington, NM 87401
    4A Road 5761, Farmington, NM 87401
    /28

    $114,900

    • 3 Beds
    • 2 Baths
    • 1,280 Sq Ft

    4A Road 5761, Farmington, NM 87401

    Discover this well-kept 3-bedroom, 2-bathroom residence in Farmington, offering 1,280 square feet of comfortable living space. The property features a split floor plan with laminate flooring and an eat-in kitchen. Recent outdoor enhancements include a new front deck, perfect for enjoying the local atmosphere. The exterior is fully fenced with a sliding gate for added privacy. Notable features

    Jared English Congress Realty

    4A Road 5761, Farmington, NM 87401
  • 515 River Ranch Rd, Farmington, NM 87401
    515 River Ranch Rd, Farmington, NM 87401
    515 River Ranch Rd, Farmington, NM 87401
    /29

    $150,000

    • Land
    • 10.88 Acres
    • $13,787 per Acre

    515 River Ranch Rd, Farmington, NM 87401

    Seller will consider a REC with large down...San Juan River Front Property. Gorgeous level land right on the river. Perfect for your Dream Home, very secluded. Site Built homes only..

    Elizabeth Tafoya RE/MAX of Farmington

    515 River Ranch Rd, Farmington, NM 87401
  • XX Hood Mesa Trail, Farmington, NM 87402
    XX Hood Mesa Trail, Farmington, NM 87402
    XX Hood Mesa Trail, Farmington, NM 87402
    /17

    $138,000

    • Land
    • 4.04 Acres
    • $34,158 per Acre

    XX Hood Mesa Trail, Farmington, NM 87402

    Experience true privacy and exclusivity with this exceptional 4-acre building lot tucked away at the end of Hood Mesa Trail on the desirable paved section of Hood Mesa. Surrounded by stunning luxury estates, this premier homesite offers breathtaking sandstone outcrops and a serene natural setting--an ideal backdrop for your custom northern New Mexico dream home. Enjoy the peace of a secluded

    Cory Lee Real Estate Investments of NM

    XX Hood Mesa Trail, Farmington, NM 87402
  • 5836 Vista Grande Dr, Farmington, NM 87401
    5836 Vista Grande Dr, Farmington, NM 87401
    5836 Vista Grande Dr, Farmington, NM 87401
    /5

    $200,000

    • Land
    • 1.58 Acres
    • $126,582 per Acre

    5836 Vista Grande Dr, Farmington, NM 87401

    Located within a gated community, this 1.58- acre high desert lot offers an excellent opportunity to build a custom home. The property features expansive mountain and canyon views and also provides a balance of privacy and natural surroundings.Protective covenants are in place to maintain a cohesive neighborhood of quality homes. With ample space for design flexibility, this lot is well suited

    Jennifer Bandy Coldwell Banker Cornerstone

    5836 Vista Grande Dr, Farmington, NM 87401
  • NYA Troy King Rd, Farmington, NM 87401
    NYA Troy King Rd, Farmington, NM 87401
    /2

    $125,000

    • Land
    • 3 Acres
    • $41,667 per Acre

    NYA Troy King Rd, Farmington, NM 87401

    Fantastic opportunity to own 3 acres of commercial land in a busy industrial area. Surrounded by established businesses this property is ideally suited for manufacturing, distribution center, construction or your own business venture. With plenty of room for development, this property provides flexibility to design and build according to your business needs. There are three parcels being sold

    Tonya Daniell Real Broker, LLC

    NYA Troy King Rd, Farmington, NM 87401
  • LOT 15 Silver Maple Ct, Farmington, NM 87402
    LOT 15 Silver Maple Ct, Farmington, NM 87402
    LOT 15 Silver Maple Ct, Farmington, NM 87402
    /8

    $100,000

    • Land
    • 1 Acre
    • $100,000 per Acre

    LOT 15 Silver Maple Ct, Farmington, NM 87402

    Discover the perfect opportunity to build your own dream home or invest in a growing area. This spacious parcel offers stunning views and endless potential. Enjoy the peace and privacy of rural living while still being conveniently close to schools, shopping and local amenities. This is a blank canvas with utilities located at the street. Infrastructure continuously growing. No HOA!!!

    Michaela Martinez San Juan Realty

    LOT 15 Silver Maple Ct, Farmington, NM 87402
  • 51 Road 3720, Farmington, NM 87401
    51 Road 3720, Farmington, NM 87401
    /2

    $120,000

    • Land

    51 Road 3720, Farmington, NM 87401

    Flat useable tract of land that fronts Road 3720 (paved).A portion of the property is fenced with 6' chain link fencing.

    David Harris Dimmick Realty

    51 Road 3720, Farmington, NM 87401
  • X Road 3720, Farmington, NM 87401
    X Road 3720, Farmington, NM 87401
    /2

    $199,999

    • Land
    • 16.03 Acres
    • $12,477 per Acre

    X Road 3720, Farmington, NM 87401

    16 + acres ,Great corner lot ,flat parcel,roads on two sides ,utilities close by ,Owner has 4 parcels Discounts with multiple purchasesOwner will carry on REC

    Rick Mace Coldwell Banker Cornerstone

    X Road 3720, Farmington, NM 87401
  • 6600 Big Cedar Rd, Farmington, NM 87402
    6600 Big Cedar Rd, Farmington, NM 87402
    /2

    $135,000

    • Land
    • 0.68 Acre
    • $198,529 per Acre

    6600 Big Cedar Rd, Farmington, NM 87402

    Great spot to build your dream home in the San Juan Country Club! Owner will carry REC. HOA fees are currently $161.04 per quarter.

    Doug Pilling Coldwell Banker Cornerstone

    6600 Big Cedar Rd, Farmington, NM 87402
  • LOT 13 Silver Maple Ct, Farmington, NM 87402
    LOT 13 Silver Maple Ct, Farmington, NM 87402
    LOT 13 Silver Maple Ct, Farmington, NM 87402
    /8

    $100,000

    • Land
    • 1 Acre
    • $100,000 per Acre

    LOT 13 Silver Maple Ct, Farmington, NM 87402

    Discover the perfect opportunity to build your own dream home or invest in a growing area. This spacious parcel offers stunning views and endless potential. Enjoy the peace and privacy of rural living while still being conveniently close to schools, shopping and local amenities. This is a blank canvas with utilities located at the street. Infrastructure continuously growing. No HOA!!!

    Michaela Martinez San Juan Realty

    LOT 13 Silver Maple Ct, Farmington, NM 87402
  • XXXX Southside River Rd, Farmington, NM 87401
    XXXX Southside River Rd, Farmington, NM 87401
    XXXX Southside River Rd, Farmington, NM 87401
    /4

    $150,000

    • Land
    • 2.48 Acres
    • $60,484 per Acre

    XXXX Southside River Rd, Farmington, NM 87401

    Commercial land lot on the corner! This 2.4 acre lot is zoned as general commercial with utilities in the street.

    Andrea Gallegos Dimmick Realty

    XXXX Southside River Rd, Farmington, NM 87401
  • XX Road 3720, Farmington, NM 87401
    XX Road 3720, Farmington, NM 87401
    /2

    $199,999

    • Land

    XX Road 3720, Farmington, NM 87401

    Owner has 4 parcels for sale Discount for multiple purchases. Owner will Do a REC . Great price per acre, property borders existing trailer park as well as industrial/Commercial properties

    Rick Mace Coldwell Banker Cornerstone

    XX Road 3720, Farmington, NM 87401
  • 1295 Sycamore St, Farmington, NM 87401
    1295 Sycamore St, Farmington, NM 87401
    1295 Sycamore St, Farmington, NM 87401
    /13

    $200,000

    • 3 Beds
    • 3 Baths
    • 1,904 Sq Ft

    1295 Sycamore St, Farmington, NM 87401

    Property Being ''SOLD as is'' 3 BR, 3 bath, Great Investment... Call for appt.

    Rubi Garcia Real Estate PROS

    1295 Sycamore St, Farmington, NM 87401
  • LOT 11 Silver Maple Ct, Farmington, NM 87402
    LOT 11 Silver Maple Ct, Farmington, NM 87402
    LOT 11 Silver Maple Ct, Farmington, NM 87402
    /4

    $100,000

    • Land
    • 1 Acre
    • $100,000 per Acre

    LOT 11 Silver Maple Ct, Farmington, NM 87402

    Discover the perfect opportunity to build your own dream home or invest in a growing area. This spacious parcel offers stunning views and endless potential. Enjoy the peace and privacy of rural living while still being conveniently close to schools, shopping and local amenities. This is a blank canvas with utilities located at the street. Infrastructure continuously growing. No HOA!!!

    Michaela Martinez San Juan Realty

    LOT 11 Silver Maple Ct, Farmington, NM 87402
  • 15 Road 5787, Farmington, NM 87401
    15 Road 5787, Farmington, NM 87401
    15 Road 5787, Farmington, NM 87401
    /24

    $157,000

    • 3 Beds
    • 2 Baths
    • 1,216 Sq Ft

    15 Road 5787, Farmington, NM 87401

    Welcome to this cozy, well-cared for home filled with natural light and sprinkled with charm! When you step inside the bright and cheerful interior you will enjoy a lovely open kitchen with island, a split bedroom arrangement and refrigerated AC. Walls are tape and textured and has brand new electric pole!Featuring 3 bedrooms, 2 full baths, spacious primary bedroom. Backyard features a dog run

    Genesis Cockrell R1 New Mexico Farmington

    15 Road 5787, Farmington, NM 87401
  • 4700 Hilltop Ct, Farmington, NM 87402
    4700 Hilltop Ct, Farmington, NM 87402
    4700 Hilltop Ct, Farmington, NM 87402
    /5

    $102,000

    • Land
    • 2.68 Acres
    • $38,060 per Acre

    4700 Hilltop Ct, Farmington, NM 87402

    Commanding panoramic valley views define this extraordinary 2.68-acre homesite overlooking Farmington. A truly rare offering, the property is fully equipped with city utilities--including water, sewer, electric, and natural gas--providing an exceptional foundation for a custom, site-built luxury residence. With very few existing homes nearby and an extremely limited inventory of premium view

    Cory Lee Real Estate Investments of NM

    4700 Hilltop Ct, Farmington, NM 87402
  • XXX S Lake St, Farmington, NM 87401
    XXX S Lake St, Farmington, NM 87401
    /2

    $100,000

    • Land
    • 1.3 Acres
    • $76,923 per Acre

    XXX S Lake St, Farmington, NM 87401

    Excellent location near the hospital and other medical offices. The 1.3 acre lot has approximately 1 acre of level area with all utilities at the street. Most recent AADT count was 3754. Lake Street is a major collector street for access to the hospital. Seller will consider financing with acceptable terms.

    Stacey Johnson Real Broker, LLC

    XXX S Lake St, Farmington, NM 87401
New Mexico San Juan County Farmington

Real Estate & Homes in Farmington, NM under $200,000

Home Trends in Farmington, NM

On average, homes in Farmington, NM sell after 50 days on the market compared to the national average of 55 days. The median sale price for homes in Farmington, NM over the last 12 months is $485,000, up 21% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$485,000
Median Single Family Sale Price
$490,000
Average Price Per Sq Ft
$202
Number of Homes for Sale
11
Last 12 months Home Sales
14
Months of Supply
9.40
Median List Price
$485,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
21%
How to Buy a Home How to Finance a Home How to Sell a Home

In Farmington, you'll find a diverse selection of properties with 23 homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing solutions. Whether you're a first-time homebuyer in search of a cozy starter home or an investor eyeing a promising opportunity, these affordable homes provide a gateway into the real estate market in Farmington, NM.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group