Farmington, NM
House prices for this metro area, real and nominal, since FHFA's series begins.
FHFA all-transactions · 1984 Q3 to 2026 Q2 · real terms in 2024 dollars · built 2026-09-12
All metro areas · this area is farmington on the rankings
The index
Real and nominal, first quarter of the series = 100; the shaded band is 2007 to 2012.
How this is measured
Real terms deflate each quarter by that year's US CPI, stated in 2024 dollars; the CPI runs to 2024, so later quarters sit at 2024 prices until the next print. All-transactions includes refinance appraisals as well as sales; FHFA publishes purchase-only for the 100 largest metro areas only, and this is not one of them.
One year
One year real +7.8%
nominal +7.8%
Five years
Five years real +31.3%
nominal +52.0%
Ten years
Ten years real +26.9%
nominal +65.8%
Twenty-five years
Twenty-five years real +45.7%
nominal +158.1%
Since 2000
Since 2000 real +47.7%
nominal +169.0%
2007 to 2012
crash, real −19.4%
2007Q4 to 2012Q2
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 340.8 | 340.8 | real year on year +2.9% |
| 2025 Q4 | 331.0 | 331.0 | real year on year +5.2% |
| 2024 Q4 | 314.7 | 314.7 | real year on year +4.9% |
| 2023 Q4 | 291.5 | 300.1 | real year on year +0.4% |
| 2022 Q4 | 278.9 | 298.9 | real year on year +5.9% |
| 2021 Q4 | 243.7 | 282.1 | real year on year +8.2% |
| 2020 Q4 | 215.2 | 260.8 | real year on year +3.6% |
| 2019 Q4 | 205.2 | 251.8 | real year on year −0.1% |
| 2018 Q4 | 201.7 | 252.0 | real year on year −0.0% |
| 2017 Q4 | 196.9 | 252.0 | real year on year −5.9% |
| 2016 Q4 | 204.9 | 267.8 | real year on year +0.4% |
| 2015 Q4 | 201.5 | 266.7 | real year on year −0.3% |
| 2014 Q4 | 201.8 | 267.4 | real year on year −0.9% |
| 2013 Q4 | 200.5 | 270.0 | real year on year −1.6% |
| 2012 Q4 | 200.8 | 274.3 | real year on year −2.4% |
| 2011 Q4 | 201.5 | 281.0 | real year on year −5.9% |
| 2010 Q4 | 207.5 | 298.5 | real year on year −4.4% |
| 2009 Q4 | 213.5 | 312.1 | real year on year −1.7% |
| 2008 Q4 | 217.9 | 317.5 | real year on year −4.5% |
| 2007 Q4 | 219.8 | 332.5 | real year on year −1.4% |
| 2006 Q4 | 216.7 | 337.1 | real year on year +6.4% |
| 2005 Q4 | 197.3 | 316.9 | real year on year +11.1% |
| 2004 Q4 | 171.8 | 285.3 | real year on year +7.6% |
| 2003 Q4 | 155.5 | 265.1 | real year on year +6.7% |
| 2002 Q4 | 142.4 | 248.4 | real year on year +4.1% |
| 2001 Q4 | 134.6 | 238.5 | real year on year +2.2% |
| 2000 Q4 | 128.1 | 233.4 | real year on year −1.6% |
| 1999 Q4 | 126.0 | 237.3 | real year on year +2.2% |
| 1998 Q4 | 120.7 | 232.3 | real year on year +1.8% |
| 1997 Q4 | 116.8 | 228.2 | real year on year +1.1% |
| 1996 Q4 | 112.8 | 225.7 | real year on year +1.7% |
| 1995 Q4 | 107.8 | 221.8 | real year on year +4.7% |
| 1994 Q4 | 100.1 | 211.8 | real year on year +5.5% |
| 1993 Q4 | 92.5 | 200.8 | real year on year +2.6% |
| 1992 Q4 | 87.5 | 195.7 | real year on year +4.6% |
| 1991 Q4 | 81.3 | 187.2 | real year on year +4.4% |
| 1990 Q4 | 74.7 | 179.2 | real year on year −6.4% |
| 1989 Q4 | 75.7 | 191.5 | real year on year −3.3% |
| 1988 Q4 | 74.7 | 198.0 | real year on year −6.7% |
| 1987 Q4 | 76.9 | 212.3 | real year on year −9.5% |
| 1986 Q4 | 82.0 | 234.6 | real year on year +5.0% |
| 1985 Q4 | 76.6 | 223.5 | real year on year −11.6% |
| 1984 Q4 | 83.7 | 252.7 | — |
2026 Q2341 · real 341real year on year +2.9%
2025 Q4331 · real 331real year on year +5.2%
2024 Q4315 · real 315real year on year +4.9%
2023 Q4291 · real 300real year on year +0.4%
2022 Q4279 · real 299real year on year +5.9%
2021 Q4244 · real 282real year on year +8.2%
2020 Q4215 · real 261real year on year +3.6%
2019 Q4205 · real 252real year on year −0.1%
2018 Q4202 · real 252real year on year −0.0%
2017 Q4197 · real 252real year on year −5.9%
2016 Q4205 · real 268real year on year +0.4%
2015 Q4202 · real 267real year on year −0.3%
Show all 43 years
2014 Q4202 · real 267real year on year −0.9%
2013 Q4200 · real 270real year on year −1.6%
2012 Q4201 · real 274real year on year −2.4%
2011 Q4201 · real 281real year on year −5.9%
2010 Q4207 · real 298real year on year −4.4%
2009 Q4213 · real 312real year on year −1.7%
2008 Q4218 · real 318real year on year −4.5%
2007 Q4220 · real 332real year on year −1.4%
2006 Q4217 · real 337real year on year +6.4%
2005 Q4197 · real 317real year on year +11.1%
2004 Q4172 · real 285real year on year +7.6%
2003 Q4155 · real 265real year on year +6.7%
2002 Q4142 · real 248real year on year +4.1%
2001 Q4135 · real 239real year on year +2.2%
2000 Q4128 · real 233real year on year −1.6%
1999 Q4126 · real 237real year on year +2.2%
1998 Q4121 · real 232real year on year +1.8%
1997 Q4117 · real 228real year on year +1.1%
1996 Q4113 · real 226real year on year +1.7%
1995 Q4108 · real 222real year on year +4.7%
1994 Q4100 · real 212real year on year +5.5%
1993 Q492 · real 201real year on year +2.6%
1992 Q488 · real 196real year on year +4.6%
1991 Q481 · real 187real year on year +4.4%
1990 Q475 · real 179real year on year −6.4%
1989 Q476 · real 192real year on year −3.3%
1988 Q475 · real 198real year on year −6.7%
1987 Q477 · real 212real year on year −9.5%
1986 Q482 · real 235real year on year +5.0%
1985 Q477 · real 223real year on year −11.6%
1984 Q484 · real 253—
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 22140. Real terms by the World Bank's US consumer price index, annual.