Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Weed area can be challenging. Home prices in Weed are now at a median cost of $111,156, lower than the New Mexico average of $199,923.
The average cost of rent is $767/mo in Weed, primarily driven by the current value of real estate in the Weed area. While nearly 65.73% of residents own their homes outright in Weed, 18.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Weed is $5,450 per month. Households that rent pay about 14.07% of their income on rent here. Weed's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Sacramento, NM: less expensive homes
- Pinon, NM: higher priced homes
- Timberon, NM: equally priced homes
- Sunspot, NM: less expensive homes
- Alamogordo, NM: higher priced homes
- Holloman AFB, NM: higher priced homes
- Hope, NM: higher priced homes
- Artesia, NM: higher priced homes
- Atoka, NM: higher priced homes
- Lakewood, NM: higher priced homes
Cities with Similar Populations
- Woodson, VA: higher priced homes
- Lawn, WV: equally priced homes
- Lawrenceville, AR: less expensive homes
- Zetto, GA: less expensive homes
- Lay, CO: higher priced homes
- Lead Mine, WV: higher priced homes
- Youngstown, IN: higher priced homes
- Lee Mont, VA: higher priced homes
- Leisure, IN: higher priced homes
- Lela, TX: less expensive homes
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