
Affordable
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These days, finding an affordable place to live in the Wagon Mound area can be challenging. Home prices in Wagon Mound are now at a median cost of $176,300, lower than the New Mexico average of $265,486.
The average cost of rent is $771/mo in Wagon Mound, primarily driven by the current value of real estate in the Wagon Mound area. In Wagon Mound, 27.30% of households rent, and 80.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wagon Mound is $3,700 per month. Households that rent pay about 20.84% of their income on rent here. Wagon Mound’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mills, NM: less expensive homes
- Ojo Feliz, NM: equally priced homes
- Los Hueros, NM: less expensive homes
- Rainsville, NM: less expensive homes
- Roy, NM: less expensive homes
- Buena Vista, NM: less expensive homes
- Guadalupita, NM: less expensive homes
- North Carmen, NM: less expensive homes
- Mora, NM: less expensive homes
- Ledoux, NM: less expensive homes
Cities with Similar Populations
- Screamer, TN: higher priced homes
- Mapleton, ID: higher priced homes
- Martin Junction, LA: less expensive homes
- McCombs, KY: less expensive homes
- Mechanicsville, CT: higher priced homes
- Mentor, KS: higher priced homes
- Middlefield, MA: higher priced homes
- Middlefork, IN: higher priced homes
- Midway, CO: higher priced homes
- Santa Fe, MO: equally priced homes
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