Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$494,444
$739

Housing Market Overview

Metric Catron County New Mexico Avg US Average
Median Home Price $494,444 $197,886 $242,182
Price Trend (Annual %) 17.2% 3.1% 8.2%
Median Gross Rent $739 $1,020 $1,342
Rent Trend (Annual %) 4.3% 3.7% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Catron County
New Mexico
United States
Year Catron County New Mexico United States
Median Rent Over Time
Catron County
New Mexico
United States
Year Catron County New Mexico United States

Affordability

On average, housing unit costs 10.6 yearly household incomes in Catron County.

Metric Catron County New Mexico Avg US Average
Median Home Price $494,444 $197,886 $242,182
Median Household Income $46,438 $62,378 $78,145
Price-to-Income Ratio 10.6 3.2 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Catron County New Mexico Avg US Average
Homeownership Rate 43.3% 60.2% 58.2%
Rental Rate 6.1% 26.6% 31.3%
Vacancy Rate 50.6% 13.1% 10.6%
Median Tenure (years) 22.0 16.0 15.0
Median Year Moved In 2004 2010 2011

Housing Stock

Metric Catron County New Mexico Avg US Average
Average Household Size 2.12 people 2.52 people 2.54 people
Median Structure Built Year 1985 1983 1978
Median Number of Rooms 4.5 5.3 5.5