Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$335,919−3.4% YoY · prices are falling fast
Market right nowBuyer's marketMore homes for sale than last year, 14% have cut their price
Income needed to buy, per year$72,820About 1.2× the local median income ($61,803): a stretch for a typical household
Days on market136 daysAbout the same pace as a year ago
The typical home in Lincoln County, NM is worth $335,919, down 3.4% from a year ago. That is well below what local incomes have historically supported: fair value is about $402,614, so the area is 16.6% undervalued. It is a buyer's market: homes take about 136 days to sell, listings are up 20% from a year ago, 14% of listings have had a price cut. A household needs about $72,820 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 $61,803. In the latest IRS figures, 38 more people moved out than in.
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
$335,919
Change in 1 year
−3.4%
Overvalued %
−16.6%
Show 6 more
Fair home value
$402,614
Change in 5 years
+0.8%
Home value to income
5.4×
Monthly mortgage payment (20% down)
$1,821
Income needed to afford it
$72,820
Property tax rate
0.53%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,063
Market activity
Listings vs a year ago
+20.3%
Days on market
136
Listings with a price cut
14.3%
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Homes for sale
564
Pending sales per 100 listings
5
Asking price per sq ft
$250
People and jobs
Median household income
$61,803
Population change (1 year)
−1.0%
Unemployment rate
5.1%
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Population
19,844
Income adjusted for cost of living
$71,948
Net moves in (IRS)
−38
Cost of living (US = 100)
85.9
Schools, risk and environment
School rating (1 to 10)
6.6
FEMA hazard risk score (0 to 100)
79.5
Unhealthy air days a year
2
Show 4 more
Flood risk score
77.6
Wildfire risk score
98.8
Walkability (1 to 20)
7.4
Road, rail and air noise
54 dB
Questions people ask
Is Lincoln County, NM overvalued?
Home prices in Lincoln County, NM are well below what local incomes have historically supported: fair value is about $402,614, so the area is 16.6% undervalued.
Is Lincoln County, NM a buyer's or seller's market?
Lincoln County, NM is a buyer's market: homes take about 136 days to sell, listings are up 20% from a year ago, 14% of listings have had a price cut.
Are home prices going down in Lincoln County, NM?
Home values in Lincoln County, NM are down 3.4% over the last year.
How much do you need to earn to buy a home in Lincoln County, NM?
A household needs about $72,820 a year to afford the typical home in Lincoln County, NM at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $61,803.