Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Tolar area can be challenging. Home prices in Tolar are now at a median cost of $143,656, lower than the New Mexico average of $199,923.
The average cost of rent is $674/mo in Tolar, primarily driven by the current value of real estate in the Tolar area. While nearly 53.33% of residents own their homes outright in Tolar, 42.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in Tolar is $2,923 per month. Households that rent pay about 23.04% of their income on rent here. Tolar's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Yeso, NM: higher priced homes
- Floyd, NM: less expensive homes
- Portales, NM: less expensive homes
- Cannon Air Force Base, NM: less expensive homes
- Farwell, TX: less expensive homes
- Lariat, TX: equally priced homes
- Progress, TX: less expensive homes
- Muleshoe, TX: less expensive homes
- Corona, NM: higher priced homes
- Lazbuddie, TX: less expensive homes
Cities with Similar Populations
- Dean, LA: less expensive homes
- Verlot, WA: higher priced homes
- Veal, GA: less expensive homes
- Valley Point, WV: equally priced homes
- Denver, TN: less expensive homes
- Denio, NV: higher priced homes
- Delina, TN: higher priced homes
- Del Rio, AZ: higher priced homes
- DeGraff, KS: equally priced homes
- Deckers Point, PA: less expensive homes
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