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San Juan County, NM housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$273,559+6.8% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 13% have cut their price
Income needed to buy, per year$59,302About 0.9× the local median income ($64,999): affordable for a typical household
Days on market62 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+3.2%Zillow expects prices to rise slightly

The typical home in San Juan County, NM is worth $273,559, up 6.8% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $270,803, so the area is 1.0% overvalued. It is a seller's market: homes take about 62 days to sell, listings are down 19% from a year ago, 13% of listings have had a price cut. Zillow expects prices to rise about 3.2% over the next year. A household needs about $59,302 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 $64,999. Typical rent is $1,399 a month, or $1,741 for a house. In the latest IRS figures, 26 more people moved out than in.

Home value over time

$0K$50K$100K$150K$200K$250K19801990200020102020
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$273,559
Change in 1 year+6.8%
Overvalued %+1.0%
Show 7 more
Fair home value$270,803
Change in 5 years+32.3%
Zillow forecast, next 12 months+3.2%
Home value to income4.2×
Monthly mortgage payment (20% down)$1,483
Income needed to afford it$59,302
Property tax rate0.68%

Rent and investing

Typical rent$1,399
Typical rent for houses$1,741
Price-to-rent ratio16.3×
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HUD Fair Market Rent, 2 bedrooms$1,116
Gross rental yield6.14%
Cap rate (estimate)3.99%

Market activity

Listings vs a year ago−19.3%
Days on market62
Listings with a price cut13.4%
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Homes for sale146
Pending sales per 100 listings53
Asking price per sq ft$200

People and jobs

Median household income$64,999
Population change (1 year)−0.2%
Unemployment rate7.3%
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Population120,340
Income adjusted for cost of living$74,115
Net moves in (IRS)−26
Cost of living (US = 100)87.7

Schools, risk and environment

School rating (1 to 10)4.9
FEMA hazard risk score (0 to 100)88.3
Unhealthy air days a year0
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Flood risk score92.4
Wildfire risk score81.6
Walkability (1 to 20)7.7
Road, rail and air noise54 dB

Questions people ask

Is San Juan County, NM overvalued?
Home prices in San Juan County, NM are slightly above what local incomes have historically supported: fair value is about $270,803, so the area is 1.0% overvalued.
Is San Juan County, NM a buyer's or seller's market?
San Juan County, NM is a seller's market: homes take about 62 days to sell, listings are down 19% from a year ago, 13% of listings have had a price cut.
Are home prices going down in San Juan County, NM?
Home values in San Juan County, NM are up 6.8% over the last year. Zillow's forecast for the next 12 months is +3.2%.
How much do you need to earn to buy a home in San Juan County, NM?
A household needs about $59,302 a year to afford the typical home in San Juan County, NM at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $64,999.

Nearby and similar counties

ZIP codes in San Juan County (open on the map)

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