Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$212,317+8.5% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 0% have cut their price
Income needed to buy, per year$46,026About 0.9× the local median income ($48,654): affordable for a typical household
Days on market137 daysAbout the same pace as a year ago
The typical home in Catron County, NM is worth $212,317, up 8.5% from a year ago. That is well below what local incomes have historically supported: fair value is about $242,163, so the area is 12.3% undervalued. It is a balanced market: homes take about 137 days to sell, listings are up 9% from a year ago, 0% of listings have had a price cut. A household needs about $46,026 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $48,654. In the latest IRS figures, 58 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$212,317
Change in 1 year
+8.5%
Overvalued %
−12.3%
Show 6 more
Fair home value
$242,163
Change in 5 years
+1.5%
Home value to income
4.4×
Monthly mortgage payment (20% down)
$1,151
Income needed to afford it
$46,026
Property tax rate
0.36%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,059
Market activity
Listings vs a year ago
+9.3%
Days on market
137
Listings with a price cut
0.0%
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Homes for sale
47
Pending sales per 100 listings
15
Asking price per sq ft
$235
People and jobs
Median household income
$48,654
Population change (1 year)
+0.1%
Unemployment rate
4.2%
Show 4 more
Population
3,827
Income adjusted for cost of living
$56,640
Net moves in (IRS)
+58
Cost of living (US = 100)
85.9
Schools, risk and environment
School rating (1 to 10)
8.6
FEMA hazard risk score (0 to 100)
36.6
Unhealthy air days a year
0
Show 4 more
Flood risk score
41.1
Wildfire risk score
96.3
Walkability (1 to 20)
4.9
Road, rail and air noise
51 dB
Questions people ask
Is Catron County, NM overvalued?
Home prices in Catron County, NM are well below what local incomes have historically supported: fair value is about $242,163, so the area is 12.3% undervalued.
Is Catron County, NM a buyer's or seller's market?
Catron County, NM is a balanced market: homes take about 137 days to sell, listings are up 9% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Catron County, NM?
Home values in Catron County, NM are up 8.5% over the last year.
How much do you need to earn to buy a home in Catron County, NM?
A household needs about $46,026 a year to afford the typical home in Catron County, NM at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $48,654.