Expensive
Affordable
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These days, finding an affordable place to live in the Nogal area can be challenging. Home prices in Nogal are now at a median cost of $244,999, lower than the New Mexico average of $265,486.
The average cost of rent is $864/mo in Nogal, primarily driven by the current value of real estate in the Nogal area. In Nogal, 7.57% of households rent, and 65.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nogal is $4,254 per month. Households that rent pay about 20.32% of their income on rent here. Nogal’s most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Capitan, NM: less expensive homes
- Fort Stanton, NM: higher priced homes
- Alto, NM: higher priced homes
- Sierra Vista, NM: equally priced homes
- Carrizozo, NM: less expensive homes
- Lincoln, NM: higher priced homes
- Oscura, NM: less expensive homes
- San Patricio, NM: higher priced homes
- Tinnie, NM: higher priced homes
- Mountain View, NM: less expensive homes
Cities with Similar Populations
- Barryville, NY: higher priced homes
- Barberville, FL: higher priced homes
- Pattonsburg, MO: less expensive homes
- Powellsville, NC: less expensive homes
- Pottersville, NJ: higher priced homes
- Pointe a la Hache, LA: less expensive homes
- Point Hope, AK: less expensive homes
- Plessis, NY: less expensive homes
- Plainfield, IA: less expensive homes
- Phyllis, KY: less expensive homes
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