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These days, finding an affordable place to live in the Pinon area can be challenging. Home prices in Pinon are now at a median cost of $135,470, lower than the New Mexico average of $265,486.
The average cost of rent is $712/mo in Pinon, primarily driven by the current value of real estate in the Pinon area. In Pinon, 11.25% of households rent, and 54.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pinon is $4,931 per month. Households that rent pay about 14.43% of their income on rent here. Pinon’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Weed, NM: higher priced homes
- Sacramento, NM: higher priced homes
- Timberon, NM: less expensive homes
- Sunspot, NM: higher priced homes
- Seven Rivers, NM: higher priced homes
- Atoka, NM: higher priced homes
- Lakewood, NM: equally priced homes
- Radium Springs, NM: higher priced homes
- Rincon, NM: less expensive homes
- Hatch, NM: less expensive homes
Cities with Similar Populations
- Sugar Pine, CA: higher priced homes
- Howardville, NY: less expensive homes
- Humphrey, NY: equally priced homes
- Stone Bridge, SD: higher priced homes
- Stringtown, CO: higher priced homes
- Strong, PA: higher priced homes
- Stull, PA: higher priced homes
- Sturdivant, MO: equally priced homes
- Stuttgart, KS: less expensive homes
- Howardstown, KY: higher priced homes
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