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Affordable
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These days, finding an affordable place to live in the Glencoe area can be challenging. Home prices in Glencoe are now at a median cost of $290,537, higher than the New Mexico average of $265,486.
The average cost of rent is $1,091/mo in Glencoe, primarily driven by the current value of real estate in the Glencoe area. In Glencoe, 29.44% of households rent, and 71.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Glencoe is $4,246 per month. Households that rent pay about 25.70% of their income on rent here. Glencoe’s most expensive areas are in the central 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
- Ruidoso Downs, NM: less expensive homes
- Fort Stanton, NM: equally priced homes
- Alto, NM: higher priced homes
- San Patricio, NM: higher priced homes
- Ruidoso, NM: equally priced homes
- Sierra Vista, NM: less expensive homes
- Hondo, NM: higher priced homes
- Ponderosa Heights, NM: less expensive homes
- Picacho, NM: equally priced homes
- Roswell, NM: less expensive homes
Cities with Similar Populations
- Gays Creek, KY: less expensive homes
- Tanana, AK: less expensive homes
- Talleyrand, IA: equally priced homes
- Good Hope, AR: less expensive homes
- Goldtown, WV: less expensive homes
- Golden City, AR: less expensive homes
- Glover, MO: less expensive homes
- Glenwood, NC: less expensive homes
- Glen Allan, MS: less expensive homes
- Gilark, LA: less expensive homes
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