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These days, finding an affordable place to live in the Carrizozo area can be challenging. Home prices in Carrizozo are now at a median cost of $121,865, lower than the New Mexico average of $265,486.
The average cost of rent is $535/mo in Carrizozo, primarily driven by the current value of real estate in the Carrizozo area. In Carrizozo, 15.15% of households rent, and 66.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Carrizozo is $3,751 per month. Households that rent pay about 14.26% of their income on rent here. Carrizozo’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- White Oaks, NM: higher priced homes
- Oscura, NM: less expensive homes
- Nogal, NM: higher priced homes
- Capitan, NM: higher priced homes
- Lincoln, NM: higher priced homes
- Tinnie, NM: higher priced homes
- Mountain View, NM: higher priced homes
- South Spring Acres, NM: higher priced homes
- Elkins, NM: equally priced homes
- Milnesand, NM: equally priced homes
Cities with Similar Populations
- Fannin, TX: higher priced homes
- Rockford, IA: equally priced homes
- Rocky Ridge, MD: higher priced homes
- Holiday Hills, IL: higher priced homes
- Helenville, WI: higher priced homes
- Grayland, WA: higher priced homes
- Tiplersville, MS: higher priced homes
- Germania Gardens, NJ: higher priced homes
- Flat Rock, VA: higher priced homes
- Fisk, MO: higher priced homes
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