Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Punta de Agua area can be challenging. Home prices in Punta de Agua are now at a median cost of $204,878, lower than the New Mexico average of $265,486.
The average cost of rent is $832/mo in Punta de Agua, primarily driven by the current value of real estate in the Punta de Agua area. In Punta de Agua, 12.02% of households rent, and 67.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Punta de Agua is $3,983 per month. Households that rent pay about 20.89% of their income on rent here. Punta de Agua’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mountainair, NM: equally priced homes
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- Casa Colorada, NM: less expensive homes
- Jarales, NM: equally priced homes
- Veguita, NM: less expensive homes
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- Belen, NM: less expensive homes
- Bosque, NM: less expensive homes
Cities with Similar Populations
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- Allen, MD: higher priced homes
- Alna Center, ME: higher priced homes
- Arlington, IL: less expensive homes
- Pinetop, AZ: equally priced homes
- Poplar Branch, NC: higher priced homes
- Pom-o-sa Heights, MO: equally priced homes
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