Cities with the most expensive homes in the Farmington metro area

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April 22, 2025
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Cities with the most expensive homes in the Farmington metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.

The typical home value in the United States was $365,887 in April, 0.7% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of May 15, the 30-year fixed mortgage rate sits at 6.81%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

Stacker compiled a list of cities with the most expensive homes in the Farmington metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 8 cities and towns with data available were included in the list.

1 / 8
Stacker

#8. Kirtland, NM

- Typical home value: $216,337
- 1-year price change: +2.7%
- 5-year price change: +20.0%

2 / 8
Stacker

#7. Waterflow, NM

- Typical home value: $226,282
- 1-year price change: +2.8%
- 5-year price change: data not available

3 / 8
Stacker

#6. Bloomfield, NM

- Typical home value: $237,905
- 1-year price change: +3.6%
- 5-year price change: +18.8%

4 / 8
Stacker

#5. Aztec, NM

- Typical home value: $254,416
- 1-year price change: +2.6%
- 5-year price change: +21.4%

5 / 8
Stacker

#4. Fruitland, NM

- Typical home value: $266,245
- 1-year price change: +4.7%
- 5-year price change: data not available

6 / 8
Stacker

#3. Farmington, NM

- Typical home value: $268,810
- 1-year price change: +5.0%
- 5-year price change: +43.1%

7 / 8
Stacker

#2. Flora Vista, NM

- Typical home value: $286,628
- 1-year price change: +3.0%
- 5-year price change: +29.8%

8 / 8
Stacker

#1. La Plata, NM

- Typical home value: $295,801
- 1-year price change: +3.3%
- 5-year price change: data not available

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