Curry County, New Mexico Housing Market
In Curry County, New Mexico, the median home value is $171,200, with a median monthly rent of $1,024. This places Curry County at #1778 nationally out of 3134 counties by median home value, and #16 within New Mexico.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $901
- Establishments: 1,257
- BLS QCEW, 2025
Housing Supply
- Single-family: 22
- Multi-family: 40
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 18,731 (avg $52,979)
- Outflow: 16,537 (avg $53,670)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Curry County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 88101 | 241.7 | +2.66% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Curry County Compares
| Metric | Curry County | New Mexico Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $171,200 | $192,727 | $227,706 |
| Median Gross Rent | $1,024 | $904 | $968 |
| Owner Occupancy Rate | 62.7% | 74.2% | 73.3% |
| Price/Rent Ratio | 13.9 | 17.7 | 18.7 |
Market Analysis
The median home value in Curry County is 11.2% below the New Mexico state average and 24.8% below the U.S. national average. The median rent of $1,024/month is 13.3% above the state average.
With a price-to-rent ratio of 13.9, buying a home in Curry 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.
Curry County has an owner-occupancy rate of 62.7%, compared to 74.2% in New Mexico and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Calhoun County | Texas | $171,200 | $891 |
| Wythe County | Virginia | $171,200 | $764 |
| Natchitoches Parish | Louisiana | $171,300 | $786 |
| Freeborn County | Minnesota | $171,100 | $849 |
| McDowell County | North Carolina | $171,100 | $806 |
Other Counties in New Mexico
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Colfax County | $167,200 | $729 | 71.8% |
| Catron County | $167,000 | $736 | 93.8% |
| Grant County | $175,600 | $825 | 75.8% |
| Otero County | $162,700 | $962 | 67.0% |
| Torrance County | $159,700 | $872 | 81.7% |
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).