Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Springer area can be challenging. Home prices in Springer are now at a median cost of $126,536, lower than the New Mexico average of $199,923.
The average cost of rent is $534/mo in Springer, primarily driven by the current value of real estate in the Springer area. While nearly 55.43% of residents own their homes outright in Springer, 22.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Springer is $3,827 per month. Households that rent pay about 13.95% of their income on rent here. Springer's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Taylor Springs, NM: higher priced homes
- Miami, NM: higher priced homes
- Gladstone, NM: higher priced homes
- Ocate, NM: less expensive homes
- Val Verde, NM: higher priced homes
- Lake View Pines, NM: higher priced homes
- Idlewild, NM: higher priced homes
- Angel Fire, NM: higher priced homes
- Sofia, NM: higher priced homes
- Valle Escondido, NM: higher priced homes
Cities with Similar Populations
- Stromsburg, NE: equally priced homes
- Clay City, IL: less expensive homes
- Claypool, AZ: equally priced homes
- Clearville, PA: higher priced homes
- Clermont, IN: higher priced homes
- Colo, IA: higher priced homes
- Cotopaxi, CO: higher priced homes
- Dalton, MN: higher priced homes
- Devereaux, MI: equally priced homes
- Dexter, KY: equally priced homes
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