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Affordable
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These days, finding an affordable place to live in the Prewitt area can be challenging. Home prices in Prewitt are now at a median cost of $85,864, lower than the New Mexico average of $265,486.
The average cost of rent is $576/mo in Prewitt, primarily driven by the current value of real estate in the Prewitt area. In Prewitt, 0.68% of households rent, and 91.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Prewitt is $1,830 per month. Households that rent pay about 31.48% of their income on rent here. Prewitt’s most expensive areas are in the northern 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
- Bluewater, NM: higher priced homes
- Thoreau, NM: higher priced homes
- Continental Divide, NM: higher priced homes
- McGaffey, NM: higher priced homes
- San Mateo, NM: higher priced homes
- Perea, NM: less expensive homes
- Vanderwagen, NM: less expensive homes
- Mentmore, NM: less expensive homes
- Lupton, AZ: less expensive homes
- Houck, AZ: less expensive homes
Cities with Similar Populations
- West Berlin, OH: higher priced homes
- Utica, PA: higher priced homes
- Van Buren, MO: higher priced homes
- Vilano Beach, FL: higher priced homes
- Ward, SC: higher priced homes
- Wauzeka, WI: higher priced homes
- Huetter, ID: higher priced homes
- Hooper Bay, AK: higher priced homes
- Hinsdale, NY: higher priced homes
- Welshfield, OH: higher priced homes
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