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Cities with the most expensive homes in the Farmington metro area

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4 PM production // Shutterstock
4 PM production // Shutterstock

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, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

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.

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

You may also like: Are homes selling in Farmington in 2026?

#8. Kirtland, NM

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1 / 8

#8. Kirtland, NM

- Typical home value: $236,841
- 1-year price change: +6.6%
- 5-year price change: +16.3%

#7. Waterflow, NM

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2 / 8

#7. Waterflow, NM

- Typical home value: $243,871
- 1-year price change: +15.2%
- 5-year price change: +17.5%

#6. Bloomfield, NM

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3 / 8

#6. Bloomfield, NM

- Typical home value: $267,184
- 1-year price change: +9.5%
- 5-year price change: +23.0%

#5. Aztec, NM

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4 / 8

#5. Aztec, NM

- Typical home value: $283,483
- 1-year price change: +6.8%
- 5-year price change: +23.4%

#3. Farmington, NM

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6 / 8

#3. Farmington, NM

- Typical home value: $289,574
- 1-year price change: +7.1%
- 5-year price change: +43.1%

#2. Flora Vista, NM

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7 / 8

#2. Flora Vista, NM

- Typical home value: $311,441
- 1-year price change: +9.3%
- 5-year price change: +29.7%

#1. La Plata, NM

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8 / 8

#1. La Plata, NM

- Typical home value: $324,396
- 1-year price change: +7.3%
- 5-year price change: +31.6%