Affordable
Expensive
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These days, finding an affordable place to live in the Valencia County area can be challenging. Home prices in Valencia County are now at a median cost of $218,880, lower than the New Mexico average of $265,486.
The average cost of rent is $1,094/mo in Valencia County, primarily driven by the current value of real estate in the Valencia County area. In Valencia County, 16.82% of households rent, and 47.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Valencia County is $5,422 per month. Households that rent pay about 20.18% of their income on rent here. Valencia County’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Torrance County, NM: less expensive homes
- Navajo County, AZ: equally priced homes
- Deaf Smith County, TX: less expensive homes
- Yavapai County, AZ: higher priced homes
- Hall County, TX: less expensive homes
- Collingsworth County, TX: less expensive homes
- Harmon County, OK: less expensive homes
- Jackson County, OK: less expensive homes
- Comanche County, OK: less expensive homes
- Garvin County, OK: less expensive homes
Counties with Similar Populations
- Lewis County, WA: higher priced homes
- Scioto County, OH: less expensive homes
- San Patricio County, TX: equally priced homes
- Ross County, OH: less expensive homes
- Rockingham County, VA: higher priced homes
- Robertson County, TN: higher priced homes
- Putnam County, TN: higher priced homes
- Putnam County, FL: less expensive homes
- Monroe County, FL: higher priced homes
- Midland County, MI: equally priced homes
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