Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Caprock area can be challenging. Home prices in Caprock are now at a median cost of $133,200, lower than the New Mexico average of $199,923.
The average cost of rent is $870/mo in Caprock, primarily driven by the current value of real estate in the Caprock area. While nearly 68.37% of residents own their homes outright in Caprock, 8.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Caprock is $8,596 per month. Households that rent pay about 10.12% of their income on rent here. Caprock's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Lovington, NM: higher priced homes
- Humble City, NM: higher priced homes
- North Hobbs, NM: higher priced homes
- Hobbs, NM: higher priced homes
- Maljamar, NM: equally priced homes
- Higginbotham, TX: higher priced homes
- Loco Hills, NM: higher priced homes
- Denver City, TX: higher priced homes
- Seminole, TX: higher priced homes
- Seagraves, TX: less expensive homes
Cities with Similar Populations
- Lochgelly, WV: less expensive homes
- Pigeon, PA: less expensive homes
- Pickelville, UT: higher priced homes
- Phillippy, TN: equally priced homes
- Pequaming, MI: equally priced homes
- Pentecost, MS: less expensive homes
- Pegram, ID: higher priced homes
- Lutie, TX: equally priced homes
- Lundell, AR: less expensive homes
- Los Pachecos, NM: less expensive homes
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