Cibola County, New Mexico Housing Market Prices
Cibola County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 21% below the New Mexico median$160,417
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Median rent 29% below the New Mexico median$759
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Cibola County | New Mexico Avg | US Average |
|---|---|---|---|
| Median Home Price | $160,417 | $204,122 | $248,835 |
| Price Trend (Annual %) | 13.5% | 3.1% | 7.5% |
| Median Gross Rent | $759 | $1,067 | $1,407 |
| Rent Trend (Annual %) | 3.6% | 3.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cibola County is about 21% lower than in New Mexico. Rent is about 29% lower than the New Mexico average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Cibola County, up about 13.5% and 3.6% a year respectively. Home prices are changing faster.
Median rent in Cibola County rose about 28.0% between 2015 and 2024, from $593 to $759. Over the same span, rent in New Mexico rose about 37.3%.
Affordability
On average, housing unit costs 3.2 yearly household incomes in Cibola County.
Buying the median-priced home in Cibola County costs roughly 17.6 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Cibola County. The price-to-rent ratio in New Mexico is about 15.9.
| Metric | Cibola County | New Mexico Avg | US Average |
|---|---|---|---|
| Median Home Price | $160,417 | $204,122 | $248,835 |
| Median Household Income | $50,436 | $64,523 | $80,455 |
| Price-to-Income Ratio | 3.2 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cibola County rose about 100.5%, while median household income rose about 36.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Cibola County | New Mexico Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.6% | 61.3% | 58.5% |
| Rental Rate | 18.1% | 26.2% | 31.2% |
| Vacancy Rate | 24.3% | 12.5% | 10.2% |
| Median Tenure (years) | 20.0 | 16.0 | 15.0 |
| Median Year Moved In | 2006 | 2010 | 2011 |
Cibola County has a homeownership rate of 57.6%, lower than the New Mexico average of 61.3%. Its housing vacancy rate is 24.3%, compared with 12.5% in New Mexico.
Housing Stock
| Metric | Cibola County | New Mexico Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.98 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1980 | 1983 | 1978 |
| Median Number of Rooms | 5.2 | 5.3 | 5.5 |
The typical housing unit in Cibola County was built around 1980. On average, 3.0 people live in a home with about 5.2 rooms, staying for about 20.0 years on average.
Cibola County, NM Housing Compared With Nearby Counties
How Cibola County, NM compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Cibola County, NM | 26,844 | $160,417 #3/3 | $759 #3/3 | 76.1% #2/3 |
| Bernalillo County, NM | 672,163 | $260,969 | $1,145 | 64.6% |
| Sandoval County, NM | 153,584 | $302,768 | $1,426 | 83.5% |
Frequently Asked Questions
Common questions about the housing market in Cibola County, New Mexico.
What is the median home price in Cibola County, New Mexico?
The median home price in Cibola County, New Mexico is $160,417, lower than the New Mexico average of $204,122.
What is the average home price in Cibola County, New Mexico?
The typical home price in Cibola County, New Mexico, reported as the median sale price, is $160,417. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Cibola County, New Mexico?
The median gross rent in Cibola County, New Mexico is $759 per month, lower than the New Mexico average of $1,067.
What was the median gross rent in Cibola County in 2020?
In 2020, the median gross rent in Cibola County, New Mexico was $675 per month.
What is the price-to-rent ratio in Cibola County, New Mexico?
The price-to-rent ratio in Cibola County, New Mexico is about 17.6, meaning it would take roughly 17.6 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Cibola County.
Are home prices or rent rising faster in Cibola County, New Mexico?
Both home prices and rent are rising in Cibola County, up about 13.5% and 3.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Cibola County, New Mexico?
57.6% of households in Cibola County, New Mexico own their home, lower than the New Mexico average of 61.3%.
What is the vacancy rate in Cibola County, New Mexico?
The housing vacancy rate in Cibola County, New Mexico is 24.3%, higher than the New Mexico average of 12.5%.
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