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Affordable
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These days, finding an affordable place to live in the Bluewater area can be challenging. Home prices in Bluewater are now at a median cost of $142,837, lower than the New Mexico average of $265,486.
The average cost of rent is $718/mo in Bluewater, primarily driven by the current value of real estate in the Bluewater area. In Bluewater, 4.23% of households rent, and 56.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bluewater is $3,839 per month. Households that rent pay about 18.70% of their income on rent here. Bluewater’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Prewitt, NM: less expensive homes
- Thoreau, NM: less expensive homes
- San Mateo, NM: higher priced homes
- Continental Divide, NM: less expensive homes
- McGaffey, NM: equally priced homes
- Perea, NM: less expensive homes
- Vanderwagen, NM: less expensive homes
- Mentmore, NM: less expensive homes
- Lupton, AZ: less expensive homes
- Houck, AZ: less expensive homes
Cities with Similar Populations
- Goldsboro, GA: higher priced homes
- Mahaffey, PA: less expensive homes
- Lostine, OR: higher priced homes
- Lily Lake, IL: higher priced homes
- Leigh, NE: equally priced homes
- Lamberton, MN: less expensive homes
- Lake Murray Shores, SC: higher priced homes
- Lake, LA: higher priced homes
- Ladonia, TX: equally priced homes
- Kirkersville, OH: higher priced homes
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