Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bloomfield area can be challenging. Home prices in Bloomfield are now at a median cost of $154,522, lower than the New Mexico average of $199,923.
The average cost of rent is $829/mo in Bloomfield, primarily driven by the current value of real estate in the Bloomfield area. While nearly 56.70% of residents own their homes outright in Bloomfield, 22.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bloomfield is $4,199 per month. Households that rent pay about 19.73% of their income on rent here. Bloomfield's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Lee Acres, NM: equally priced homes
- Blanco, NM: less expensive homes
- Tinian, NM: less expensive homes
- DeSmet, NM: higher priced homes
- Farmington, NM: higher priced homes
- Turley, NM: equally priced homes
- Napi Headquarters, NM: less expensive homes
- Kirtland, NM: equally priced homes
- Fruitland, NM: less expensive homes
- Waterflow, NM: less expensive homes
Cities with Similar Populations
- Clinton, CT: higher priced homes
- Wellington, CO: higher priced homes
- Weigelstown, PA: equally priced homes
- Berwyn, PA: higher priced homes
- Boonville, IN: higher priced homes
- Bradford, PA: less expensive homes
- Brecksville, OH: higher priced homes
- Bremen, GA: higher priced homes
- Sunbury, OH: higher priced homes
- Cherryville, NC: higher priced homes
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