Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Clovis area can be challenging. Home prices in Clovis are now at a median cost of $139,548, lower than the New Mexico average of $199,923.
The average cost of rent is $989/mo in Clovis, primarily driven by the current value of real estate in the Clovis area. While nearly 44.25% of residents own their homes outright in Clovis, 39.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Clovis is $4,406 per month. Households that rent pay about 22.45% of their income on rent here. Clovis's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Hollene, NM: higher priced homes
- Cannon Air Force Base, NM: equally priced homes
- Texico, NM: higher priced homes
- Ranchvale, NM: higher priced homes
- Grier, NM: higher priced homes
- Farwell, TX: equally priced homes
- St. Vrain, NM: higher priced homes
- Lariat, TX: equally priced homes
- Bovina, TX: less expensive homes
- Melrose, NM: equally priced homes
Cities with Similar Populations
- Avon, IN: higher priced homes
- Williamsport, PA: equally priced homes
- West Bend, WI: higher priced homes
- Wentzville, MO: higher priced homes
- The Acreage, FL: higher priced homes
- Sun Prairie, WI: higher priced homes
- Spanish Fork, UT: higher priced homes
- Shenandoah, LA: higher priced homes
- Prosper, TX: higher priced homes
- Pahrump, NV: higher priced homes
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