Cibola County, New Mexico Housing Market

In Cibola County, New Mexico, the median home value is $125,400, with a median monthly rent of $759. This places Cibola County at #2543 nationally out of 3134 counties by median home value, and #26 within New Mexico.

Median Home Value $125,400
Median Rent $759/mo
Owner Occupancy 76.1%
Price/Rent Ratio 13.8

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Cibola County rose +14.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,448
jobs (private sector)
  • Avg weekly wage: $877
  • Establishments: 348
  • BLS QCEW, 2025
🚚

Migration Patterns

+440
net migration (filers, 2021-2022)
  • Inflow: 8,631 (avg $44,245)
  • Outflow: 8,191 (avg $44,434)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Cibola County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 87020 252.0 +14.31% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Cibola County Compares

MetricCibola CountyNew Mexico AverageU.S. Average
Median Home Value $125,400 $192,727 $227,706
Median Gross Rent $759 $904 $968
Owner Occupancy Rate 76.1% 74.2% 73.3%
Price/Rent Ratio 13.8 17.7 18.7

Market Analysis

The median home value in Cibola County is 34.9% below the New Mexico state average and 44.9% below the U.S. national average. The median rent of $759/month is 16.0% below the state average.

With a price-to-rent ratio of 13.8, buying a home in Cibola County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.

Cibola County has an owner-occupancy rate of 76.1%, 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

CountyStateMedian Home ValueMedian Rent
Childress County Texas $125,400 $913
Jasper County Illinois $125,500 $793
Page County Iowa $125,300 $705
Oscoda County Michigan $125,500 $681
Livingston County Kentucky $125,600 $926

Other Counties in New Mexico

CountyMedian Home ValueMedian RentOwner Occ.
Luna County $128,000 $650 70.9%
Union County $122,700 $683 72.4%
Mora County $122,600 $887 86.7%
Roosevelt County $135,800 $898 60.7%
Socorro County $137,500 $691 75.1%

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).