Placitas CDP (Doña Ana County), New Mexico Real Estate & Housing Market

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Placitas CDP (Doña Ana County) Housing Information

Index	Placitas CDP (Doña Ana County)	New Mexico	National
Median home price	n/a	$161,600	$184,700
Median rent asked	$327	$792	$949
Avg. people per household	3.4	2.7	2.6
Owner occupied households	25.5%	67.8%	63.6%
Renter occupied households	74.5%	32.2%	36.4%

The above shows an overview of the real estate market in Placitas CDP (Doña Ana County), NM. Note how the median home price for Placitas CDP (Doña Ana County), NM runs n/a, which is equal to the average property price for New Mexico. So you’re going to get real estate in Placitas CDP (Doña Ana County), NM that is on-average n/a affordable than what you’ll find in the rest of New Mexico. As for rent, the median for Placitas CDP (Doña Ana County), NM runs $327, which is comparatively 59% lower than the average rent for New Mexico. For Placitas CDP (Doña Ana County), NM, about 25.5% of the population consist of home owners with about 3.4 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Placitas CDP (Doña Ana County), NM offers a wide variety of real estate. To find your perfect home in Placitas CDP (Doña Ana County), NM, filter your choice by price, location, and number of beds and baths using the search area above.

Placitas CDP (Doña Ana County) Home Affordability

When deciding where to purchase Placitas CDP (Doña Ana County), NM real estate, home affordability is one of the top deciding factors. One way that you can calculate the affordability of your next home is to use this formula: median home price to median household income ratio. In Placitas CDP (Doña Ana County), NM the median home price is n/a and $13,125 is the median household income. As a result, the home price to income ratio in Placitas CDP (Doña Ana County), NM is 0.0x, which is 100% lower than the New Mexico average. In order to determine the home affordability ratio, you would divide the median home price by the median home income. If you find that in Placitas CDP (Doña Ana County), NM the home price to income ratio is lower than average, that means that in general, housing is more affordable. While there more than just one factor in deciding home affordability, you can use the home affordability calculator below as an additional tool when deciding how much you can and should pay for real estate in Placitas CDP (Doña Ana County), NM.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Golden, NM	33	$0	100%
San Antonito CDP (Socorro County), NM	33	$0	100%
Monterey Park, NM	1,771	$42,700	77%
Santo Domingo Pueblo, NM	2,737	$64,700	65%
Santa Ana Pueblo, NM	619	$92,500	50%
Placitas CDP (Doña Ana County), NM	725	$0	100%

Cities with similar population

City, State	Population	Home Price	National Avg.
Stockton, UT	725	$164,100	11%
New Holland, OH	725	$80,200	57%
Belle Terre, NY	725	$858,100	365%
Herminie, PA	725	$74,600	60%
Winnebago, NE	725	$30,500	83%
Placitas CDP (Doña Ana County), NM	725	$0	100%

Source: The Placitas CDP (Doña Ana County), NM housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).