Provisional grade — derived from this report's measured data points; the county detector suite has not measured this geography yet. The measured ARED Score replaces it on the suite's next run.
ZIP 87401 — Farmington
The 87401 housing market remains stable with moderate price growth and consistent demand. Inventory levels are balanced, though the market is sensitive to regional economic shifts in the energy sector. Figures for specific metrics like months of supply and price cuts are based on current market observations.
This ZIP is well-suited for families and local workers seeking affordable housing options compared to larger metropolitan areas, as well as outdoor enthusiasts attracted to the regional landscape.
Median prices moved up 3.2% year over year.
Homes spend a median of 68 days on market with 4.2 months of supply — a balanced-paced market.
13% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.8% · poverty 15.2% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 87401, San Juan County NM
Crime rates in Farmington are generally higher than the national average, with property crime being the most frequently reported issue in the area.
Schools in the 87401 area are part of the Farmington Municipal School District, which provides a range of public education options with varying performance ratings.
The area faces moderate risks related to wildfire and wind, typical of the high-desert climate in northwestern New Mexico.
Economic momentum is driven by the energy sector, healthcare, and retail, with ongoing efforts to diversify the local economy beyond traditional oil and gas reliance.
Property taxes are assessed by San Juan County based on the property's taxable value, with rates determined by local mill levies that include school and municipal districts.
Most residents rely on personal vehicles for commuting, with major thoroughfares like US-64 and US-550 providing access to regional employment hubs.
The area offers access to the Animas River trails, various city parks, and proximity to outdoor recreation at Navajo Lake and the Bisti Badlands.
The rental market is characterized by steady demand from the local workforce, with limited new multi-family supply keeping vacancy rates relatively low.
The economy is anchored by the energy industry, San Juan Regional Medical Center, and the public school district.
Transportation is primarily car-dependent, with limited public transit options available within the city.
Development is focused on small-scale commercial expansion and residential infill projects.
The San Juan County Assessor manages property valuations, with assessments conducted annually to reflect market changes.
Parcels are subject to Farmington Municipal School District taxes and various local utility district assessments.
Property insurance premiums are influenced by regional wildfire risk and the local climate, with standard coverage widely available.
Data retrieved from data.census.gov ZCTA 87401 profile.
A multi-use trail system running through the city along the river.
A major community park featuring river access and picnic areas.
Provides local higher education and community resources.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Forecasts are for speculation only and should not be used as a deciding factor in any transaction. Projections trend strictly from calculable historical values — the platform cannot predict market movements, market sentiment, or the market itself.
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Standard trend model — solid = measured history · dashed = projection anchored at each line's last measured point, following that series' trailing pace (CAGR capped ±12%/yr) or trailing mean · projections are estimates, not measured reads · every charted series runs the standard 5-year historical window with a 1-year forecast, trimmed from the full retained ledger — the forecast always extends into the future year (a lagging ledger bridges to it) and stops there on purpose: authoritative, not wizardry · every price line is county-assessed value from the district CAD — the tier's same-parcel assessment roll-up on the momentum tile, the assessed trajectory in raw dollar levels and as a YoY-chained index (base 100), and the month-over-month pace from nearby comparable sales pooled from the research track; a tier without comps yet keeps its pace story with the assessed trend. Inventory, liquidity, price-cut and foreclosure lines run on the platform's own measured series.
Unlocked in the Investor tier
Aggregate foreclosure counts for this geography — recorded notices, upcoming sales and distress weight against population. The filing-level ledger opens at Investor.
Upgrade to Investor — $249/mo