San Juan County, New Mexico Housing Market Prices
San Juan 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 26% below the New Mexico median Cheaper than 75% of counties in New Mexico$151,599
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Median rent 10% below the New Mexico median$955
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | San Juan County | New Mexico Avg | US Average |
|---|---|---|---|
| Median Home Price | $151,599 | $204,122 | $248,835 |
| Price Trend (Annual %) | 2.4% | 3.1% | 7.5% |
| Median Gross Rent | $955 | $1,067 | $1,407 |
| Rent Trend (Annual %) | 2.9% | 3.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in San Juan County is about 26% lower than in New Mexico. Rent is about 10% 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 San Juan County, up about 2.4% and 2.9% a year respectively. Rent is changing faster.
Median rent in San Juan County rose about 28.5% between 2015 and 2024, from $743 to $955. Over the same span, rent in New Mexico rose about 37.3%.
Affordability
On average, housing unit costs 2.7 yearly household incomes in San Juan County.
Buying the median-priced home in San Juan County costs roughly 13.2 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in San Juan County. The price-to-rent ratio in New Mexico is about 15.9.
| Metric | San Juan County | New Mexico Avg | US Average |
|---|---|---|---|
| Median Home Price | $151,599 | $204,122 | $248,835 |
| Median Household Income | $56,522 | $64,523 | $80,455 |
| Price-to-Income Ratio | 2.7 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in San Juan County rose about 15.3%, while median household income rose about 20.1% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | San Juan County | New Mexico Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.6% | 61.3% | 58.5% |
| Rental Rate | 24.9% | 26.2% | 31.2% |
| Vacancy Rate | 13.5% | 12.5% | 10.2% |
| Median Tenure (years) | 18.0 | 16.0 | 15.0 |
| Median Year Moved In | 2008 | 2010 | 2011 |
San Juan County has a homeownership rate of 61.6%, about the same as the New Mexico average of 61.3%. Its housing vacancy rate is 13.5%, compared with 12.5% in New Mexico.
Housing Stock
| Metric | San Juan County | New Mexico Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.87 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1986 | 1983 | 1978 |
| Median Number of Rooms | 5.1 | 5.3 | 5.5 |
The typical housing unit in San Juan County was built around 1986. On average, 2.9 people live in a home with about 5.1 rooms, staying for about 18.0 years on average.
San Juan County, NM Housing Compared With Nearby Counties
How San Juan County, NM compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| San Juan County, NM | 121,321 | $151,599 #2/2 | $955 #2/2 | 71.2% #1/2 |
| La Plata County, CO | 56,331 | $636,797 | $1,504 | 70.9% |
Frequently Asked Questions
Common questions about the housing market in San Juan County, New Mexico.
What is the median home price in San Juan County, New Mexico?
The median home price in San Juan County, New Mexico is $151,599, lower than the New Mexico average of $204,122.
What is the average home price in San Juan County, New Mexico?
The typical home price in San Juan County, New Mexico, reported as the median sale price, is $151,599. 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 San Juan County, New Mexico?
The median gross rent in San Juan County, New Mexico is $955 per month, lower than the New Mexico average of $1,067.
What was the median gross rent in San Juan County in 2020?
In 2020, the median gross rent in San Juan County, New Mexico was $803 per month.
What is the price-to-rent ratio in San Juan County, New Mexico?
The price-to-rent ratio in San Juan County, New Mexico is about 13.2, meaning it would take roughly 13.2 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in San Juan County.
Are home prices or rent rising faster in San Juan County, New Mexico?
Both home prices and rent are rising in San Juan County, up about 2.4% and 2.9% a year respectively. Rent is changing faster.
What is the homeownership rate in San Juan County, New Mexico?
61.6% of households in San Juan County, New Mexico own their home, higher than the New Mexico average of 61.3%.
What is the vacancy rate in San Juan County, New Mexico?
The housing vacancy rate in San Juan County, New Mexico is 13.5%, higher than the New Mexico average of 12.5%.
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