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Valencia County Housing Market

New Mexico · 33 counties · Ranked #1980 in home value

Below National Avg

Housing at a Glance

Median Home Value

$206,800

vs national$206,800 vs $281,900 national

Median Gross Rent

$970/mo

vs national$970 vs $1,163 national

Effective Tax Rate

0.66%

vs national0.66% vs 1.02% national

Median Household Income

$58,333

vs national$58,333 vs $74,755 national

Affordability Ratio

3.5x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,365

Tax as % of Home Value

0.66%

Monthly Owner Cost

$798

Renter Income

$35,442

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Frequently Asked Questions

What is the median home value in Valencia County?

The median home value in Valencia County is $206,800. This is below the national median of $281,900.

How much is rent in Valencia County?

The median gross rent in Valencia County is $970 per month.

What is the property tax rate in Valencia County?

The effective property tax rate in Valencia County is 0.66%. The median annual property tax bill is $1,365.

Is Valencia County affordable?

With a home-value-to-income ratio of 3.5x, Valencia County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.