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These days, finding an affordable place to live in the 87824 area can be challenging. Home prices in 87824 are now at a median cost of $124,500, lower than the New Mexico average of $199,923.
The average cost of rent is $683/mo in 87824, primarily driven by the current value of real estate in the 87824 area. While nearly 68.56% of residents own their homes outright in 87824, 13.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87824 is $4,010 per month. Households that rent pay about 17.03% of their income on rent here. 87824's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 85920, AZ: higher priced homes
- 87830, NM: equally priced homes
- 85932, AZ: higher priced homes
- 87820, NM: equally priced homes
- 85941, AZ: less expensive homes
- 85926, AZ: less expensive homes
- 87832, NM: higher priced homes
- 85553, AZ: higher priced homes
- 85263, AZ: higher priced homes
- 85262, AZ: higher priced homes
Zip Codes with Similar Populations
- 25057, WV: less expensive homes
- 95559, CA: higher priced homes
- 93645, CA: higher priced homes
- 29519, SC: less expensive homes
- 29324, SC: higher priced homes
- 28589, NC: higher priced homes
- 28581, NC: higher priced homes
- 26348, WV: less expensive homes
- 25972, WV: less expensive homes
- 25534, WV: less expensive homes
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