Fairacres, NM Housing Statistics

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17%

Med. Home Val. NAT. AVG.

100%

Rent NAT. AVG.

36%

Owner Occ. NAT. AVG.

Fairacres Housing Information

Index	Fairacres	New Mexico	National
Median home price	$382,427	$283,484	$326,622
Median rent asked	$0	$1,180	$1,444
Avg. people per household	5.3	2.7	2.6
Owner occupied households	86.5%	67.8%	63.6%
Renter occupied households	13.5%	32.2%	36.4%

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Housing Quick Facts

The median home price in Fairacres is 17% higher than the national average.
The median rent asked in Fairacres is 100% lower than the national average.
The average number of people per household in Fairacres is 101% higher than the national average.
The number of owner occupied households in Fairacres is 36% higher than the national average.
The number of renter occupied households in Fairacres is 63% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Pecan Park, NM	457	$0	100%
University Park, NM	2,984	$0	100%
Cañon, NM	177	$0	100%
Doña Ana, NM	1,418	$0	100%
La Mesa, NM	659	$142,171	56%
Fairacres, NM	1,244	$382,427	17%

Cities with similar population

	Population	Home Price	National Avg.
Hegins, PA	1,244	$280,284	14%
Tolar, TX	1,244	$290,952	11%
Leupp, AZ	1,244	$121,109	63%
Springville, IA	1,245	$222,069	32%
Lowry Crossing, TX	1,245	$453,177	39%
Fairacres, NM	1,244	$382,427	17%

Source: The Fairacres, NM housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.