Catron County, New Mexico Housing Market
In Catron County, New Mexico, the median home value is $167,000, with a median monthly rent of $736. This places Catron County at #1861 nationally out of 3134 counties by median home value, and #18 within New Mexico.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $690
- Establishments: 110
- BLS QCEW, 2025
Migration Patterns
- Inflow: 1,375 (avg $54,963)
- Outflow: 1,134 (avg $54,086)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Catron County Compares
| Metric | Catron County | New Mexico Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $167,000 | $192,727 | $227,706 |
| Median Gross Rent | $736 | $904 | $968 |
| Owner Occupancy Rate | 93.8% | 74.2% | 73.3% |
| Price/Rent Ratio | 18.9 | 17.7 | 18.7 |
Market Analysis
The median home value in Catron County is 13.3% below the New Mexico state average and 26.7% below the U.S. national average. The median rent of $736/month is 18.6% below the state average.
With a price-to-rent ratio of 18.9, the buy-vs-rent decision in Catron County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Catron County has an owner-occupancy rate of 93.8%, compared to 74.2% in New Mexico and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Etowah County | Alabama | $167,100 | $847 |
| Pulaski County | Kentucky | $166,900 | $803 |
| Somerset County | Maine | $166,900 | $910 |
| George County | Mississippi | $166,900 | $844 |
| Jasper County | Missouri | $166,900 | $973 |
Other Counties in New Mexico
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Colfax County | $167,200 | $729 | 71.8% |
| Curry County | $171,200 | $1,024 | 62.7% |
| Otero County | $162,700 | $962 | 67.0% |
| Torrance County | $159,700 | $872 | 81.7% |
| Grant County | $175,600 | $825 | 75.8% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).