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Image 1 - 4201 Terrace Dr, Farmington, New Mexico, 87402 - House for sale
Image 2 - 4201 Terrace Dr, Farmington, New Mexico, 87402 - House for sale
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Image 4 - 4201 Terrace Dr, Farmington, New Mexico, 87402 - House for sale
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Terrace Dr, Farmington, Home For Sale
4201 Terrace Dr, Farmington, New Mexico, 87402

Terrace Dr, Farmington, Home For Sale

house for sale
Listed: 06/27/24

4201 Terrace Dr, Farmington, New Mexico, 87402

3 Bed:
2 Bath:
1,790 Sq Ft Living Area:
Save
Price
$ 238,000
Price:  Lower

About This House

Located in a desirable neighborhood behind Sam's Club, this large three-bedroom, two-bath home recently had all new flooring installed, new paint throughout, and new stucco. The living room has a wood-burning stove to keep you warm on those cold winter nights. The master bedroom has a private bathroom. The laundry room is oversized. The backyard has a covered patio and a large shade tree. This home is near shopping and restaurants.

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Farmington Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Farmington, United States averaged $298,107, a decrease of 15.9% from the previous month.
Median price trends for properties for sale in Farmington, United States as of June 2024.

Household Income

Median household income: $55,179
Number of households: 15,505
The average household income in Farmington, NM grew from $52,598 to $55,179 in the past year. This data is an estimate based upon 15,505 households in Farmington, NM.
The chart below presents how household income is distributed in Farmington, NM in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Farmington, NM compared to median property taxes around the country. The prevalent amount of property taxes in Farmington, NM equals <$800 , which is less than the national average.