De Baca County, New Mexico Housing Market

In De Baca County, New Mexico, the median home value is $187,500, with a median monthly rent of $387. This places De Baca County at #1546 nationally out of 3134 counties by median home value, and #13 within New Mexico.

Median Home Value $187,500
Median Rent $387/mo
Owner Occupancy 71.5%
Price/Rent Ratio 40.4

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

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Employment & Wages

250
jobs (private sector)
  • Avg weekly wage: $921
  • Establishments: 54
  • BLS QCEW, 2025
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Migration Patterns

+26
net migration (filers, 2021-2022)
  • Inflow: 632 (avg $78,774)
  • Outflow: 606 (avg $80,759)
  • IRS Statistics of Income

How De Baca County Compares

MetricDe Baca CountyNew Mexico AverageU.S. Average
Median Home Value $187,500 $192,727 $227,706
Median Gross Rent $387 $904 $968
Owner Occupancy Rate 71.5% 74.2% 73.3%
Price/Rent Ratio 40.4 17.7 18.7

Market Analysis

The median home value in De Baca County is 2.7% below the New Mexico state average and 17.7% below the U.S. national average. The median rent of $387/month is 57.2% below the state average.

With a price-to-rent ratio of 40.4, De Baca County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

De Baca County has an owner-occupancy rate of 71.5%, 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

CountyStateMedian Home ValueMedian Rent
Cheyenne County Colorado $187,500 $926
Bradford County Pennsylvania $187,500 $901
Polk County Georgia $187,600 $918
Terrebonne Parish Louisiana $187,200 $1,065
Barry County Missouri $187,800 $766

Other Counties in New Mexico

CountyMedian Home ValueMedian RentOwner Occ.
San Miguel County $188,500 $823 73.1%
Lea County $184,000 $1,101 71.2%
San Juan County $193,800 $956 71.2%
Grant County $175,600 $825 75.8%
Curry County $171,200 $1,024 62.7%

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).