Fairacres Housing Information - Census

IndexFairacresNew MexicoNational
Median home price$258,300$159,300$175,700
Median rent asked$506$774$920
Avg. people per household2.52.62.6
Owner occupied households66.5%68.2%64.4%
Renter occupied households33.5%31.8%35.6%

Fairacres Housing Information - Zillow

IndexFairacresNew MexicoNational
Zillow home value indexn/a$164,000$188,100
Year over year appreciation raten/a0.68%5.14%
5 year average appreciation raten/a-0.11%4.12%
10 year average appreciation raten/a-0.98%-0.33%

Did you know?

  • The median home price in Fairacres is 47% higher than the national average.
  • The median rent asked in Fairacres is 45% lower than the national average.
  • The average number of people per household in Fairacres is 6% lower than the national average.
  • The number of owner occupied households in Fairacres is 3% higher than the national average.
  • The number of renter occupied households in Fairacres is 6% lower than the national average.

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Compare Fairacres, NM Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
University Park, NM3,179$0100%
Pecan Park, NM66$55,00069%
Mesquite, NM639$64,40063%
Vado, NM2,781$70,80060%
Organ, NM116$81,20054%
Fairacres, NM892$258,30047%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Green Valley Farms, TX892$64,90063%
Clint, TX892$99,10044%
Windfall City, IN892$64,30063%
Ottoville, OH892$143,50018%
Pleasant Plains, IL892$123,80030%
Fairacres, NM892$258,30047%
Source: The Fairacres, NM housing data displayed above is derived from the United States Census Bureau and Zillow data.