Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Estancia area can be challenging. Home prices in Estancia are now at a median cost of $132,083, lower than the New Mexico average of $199,923.
The average cost of rent is $676/mo in Estancia, primarily driven by the current value of real estate in the Estancia area. While nearly 74.27% of residents own their homes outright in Estancia, 13.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Estancia is $2,925 per month. Households that rent pay about 23.11% of their income on rent here. Estancia's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Mc Intosh, NM: equally priced homes
- Cedarvale, NM: equally priced homes
- Torreon, NM: equally priced homes
- Willard, NM: less expensive homes
- Manzano, NM: equally priced homes
- Meadow Lake, NM: less expensive homes
- Valencia, NM: equally priced homes
- El Cerro, NM: equally priced homes
- Peralta, NM: higher priced homes
- Bosque Farms, NM: higher priced homes
Cities with Similar Populations
- Claypool, IN: higher priced homes
- Stagecoach, NV: higher priced homes
- Eagle, MI: higher priced homes
- Theresa, NY: equally priced homes
- Crown City, OH: less expensive homes
- Crothersville, IN: less expensive homes
- Counce, TN: equally priced homes
- Clearfield, KY: less expensive homes
- Canaan, NH: higher priced homes
- Campbell, MO: less expensive homes
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