Housing in South Valley, NM

Home values, rent, ownership rates, and housing market data

South Valley vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. South Valley is highlighted.

Median Home Value

57th%ilemost expensive$205,200show rank

Median Rent

49th%ilemost expensive rent$942show rank

Rent Burden

72nd%ilehighest rent burden22.1%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$205,200

Median Rent

$942

Total Housing Units

14,114

Vacancy Rate

7.2%

Owner Occupied

75.8%

Renter Occupied

24.2%

Median Property Tax

$1,467

per year

Monthly Cost (w/ Mortgage)

$845

Housing Types

Single Family

79.1%

Multi-Family

7.1%

Mobile Home

13.9%

The median home value in South Valley, NM is $205,200. The median rent is $942 per month (Census ACS). About 75.8% of housing units are owner-occupied. The median year homes were built is 1968. There are 14,114 total housing units.