Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$216,464−2.1% YoY · prices are falling
Market right nowBalanced, leaning buyersMore homes for sale than last year, 10% have cut their price
Income needed to buy, per year$46,925About 1.0× the local median income ($45,517): a stretch for a typical household
Days on market88 daysAbout the same pace as a year ago
The typical home in McKinley County, NM is worth $216,464, down 2.1% from a year ago. That is well below what local incomes have historically supported: fair value is about $246,186, so the area is 12.1% undervalued. It is a balanced market, leaning toward buyers: homes take about 88 days to sell, listings are up 2% from a year ago, 10% of listings have had a price cut. A household needs about $46,925 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 $45,517. In the latest IRS figures, 824 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
$216,464
Change in 1 year
−2.1%
Overvalued %
−12.1%
Show 6 more
Fair home value
$246,186
Change in 5 years
+6.1%
Home value to income
4.8×
Monthly mortgage payment (20% down)
$1,173
Income needed to afford it
$46,925
Property tax rate
2.00%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,140
Market activity
Listings vs a year ago
+2.0%
Days on market
88
Listings with a price cut
9.8%
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Homes for sale
50
Pending sales per 100 listings
40
Asking price per sq ft
$145
People and jobs
Median household income
$45,517
Population change (1 year)
−0.7%
Unemployment rate
9.0%
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Population
68,119
Income adjusted for cost of living
$52,988
Net moves in (IRS)
−824
Cost of living (US = 100)
85.9
Schools, risk and environment
School rating (1 to 10)
3.6
FEMA hazard risk score (0 to 100)
78.2
Flood risk score
86.8
Show 3 more
Wildfire risk score
78.7
Walkability (1 to 20)
5.4
Road, rail and air noise
53 dB
Questions people ask
Is McKinley County, NM overvalued?
Home prices in McKinley County, NM are well below what local incomes have historically supported: fair value is about $246,186, so the area is 12.1% undervalued.
Is McKinley County, NM a buyer's or seller's market?
McKinley County, NM is a balanced market, leaning toward buyers: homes take about 88 days to sell, listings are up 2% from a year ago, 10% of listings have had a price cut.
Are home prices going down in McKinley County, NM?
Home values in McKinley County, NM are down 2.1% over the last year.
How much do you need to earn to buy a home in McKinley County, NM?
A household needs about $46,925 a year to afford the typical home in McKinley County, NM at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $45,517.