Home values, rents and more in ZIP code 87401 (Farmington, NM)
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open 87401 in ProMap- Under $250k
- $250k–$270k
- $270k–$310k
- $310k–$470k
- $470k+
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How 87401 compares
The typical home in ZIP code 87401 (Farmington, NM) is worth about $271,000, according to the Zillow Home Value Index for September 2026. Home values in 87401 are about the same as the typical value in the Farmington metro area ($274,000) and 26% below the U.S. typical value ($366,000).
Over the past year, home values in 87401 rose 6.4%, compared with +6.8% in the Farmington metro area and +1.2% nationally.
Typical rent is $1,244 a month (Zillow Observed Rent Index), 11% below the Farmington metro area ($1,399) and 36% below the U.S. ($1,932). Rents rose 3.6% over the past year.
The median household income is $61,886, against $55,872 in the Farmington metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 45,229 people live in 87401 (American Community Survey 2020–24).
87401 has the 5th-lowest typical home value of the 10 ZIP codes in the Farmington metro area and the 72nd-lowest of 152 in New Mexico with Zillow figures.
Part of: Farmington, NM · San Juan County, NM · Farmington metro area · New Mexico
More for 87401 in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Zillow 12-month price forecast
- Crime rates
- School test scores
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby ZIP codes
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.