San Juan County, New Mexico Housing Market
In San Juan County, New Mexico, the median home value is $193,800, with a median monthly rent of $956. This places San Juan County at #1469 nationally out of 3134 counties by median home value, and #11 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: $1,117
- Establishments: 2,911
- BLS QCEW, 2025
Housing Supply
- Single-family: 80
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 45,085 (avg $58,399)
- Outflow: 42,051 (avg $59,303)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 5 active ZIP codes in San Juan County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 87413 | 245.4 | +11.02% | 2025 |
| 2 | 87401 | 238.1 | +4.19% | 2025 |
| 3 | 87402 | 233.3 | +8.14% | 2025 |
| 4 | 87410 | 252.6 | +3.67% | 2025 |
| 5 | 87417 | 176.7 | +11.44% | 2022 |
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 San Juan County Compares
| Metric | San Juan County | New Mexico Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $193,800 | $192,727 | $227,706 |
| Median Gross Rent | $956 | $904 | $968 |
| Owner Occupancy Rate | 71.2% | 74.2% | 73.3% |
| Price/Rent Ratio | 16.9 | 17.7 | 18.7 |
Market Analysis
The median home value in San Juan County is 0.6% above the New Mexico state average and 14.9% below the U.S. national average. The median rent of $956/month is 5.8% above the state average.
With a price-to-rent ratio of 16.9, the buy-vs-rent decision in San Juan County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
San Juan County has an owner-occupancy rate of 71.2%, 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 |
|---|---|---|---|
| Muscogee County | Georgia | $193,900 | $1,106 |
| Iowa County | Iowa | $193,900 | $686 |
| Lafourche Parish | Louisiana | $193,900 | $928 |
| Jackson County | Michigan | $193,700 | $985 |
| Lonoke County | Arkansas | $193,600 | $1,025 |
Other Counties in New Mexico
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| San Miguel County | $188,500 | $823 | 73.1% |
| De Baca County | $187,500 | $387 | 71.5% |
| Lea County | $184,000 | $1,101 | 71.2% |
| Grant County | $175,600 | $825 | 75.8% |
| Eddy County | $212,600 | $1,245 | 73.3% |
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).