
Home Price Key
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 $112,936, lower than the New Mexico average of $199,923.
The average cost of rent is $699/mo in Punta de Agua, primarily driven by the current value of real estate in the Punta de Agua area. While nearly 74.28% of residents own their homes outright in Punta de Agua, 12.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Punta de Agua is $3,997 per month. Households that rent pay about 17.48% of their income on rent here. Punta de Agua's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Mountainair, NM: equally priced homes
- Manzano, NM: higher priced homes
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- Casa Colorada, NM: equally priced homes
- Jarales, NM: higher priced homes
- Veguita, NM: less expensive homes
- La Constancia, NM: equally priced homes
- Belen, NM: higher priced homes
- Bosque, NM: equally priced homes
Cities with Similar Populations
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- Arlington, IL: higher priced homes
- Pinetop, AZ: less expensive homes
- Poplar Branch, NC: higher priced homes
- Pom-o-sa Heights, MO: higher priced homes
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