Clovis Metro Area, NM Housing

The housing market in the Clovis, NM Metro Area is thriving. The median value of homes in the area is $132,800, which is much lower than the US average median of $338,100. In addition, the rate of home appreciation in the area has increased by 9.54%, higher than the US average increase of 8.27%. This indicates that housing prices are rising faster than average and homeowners in this area can expect to benefit from these positive trends.

The median home cost in Clovis Metro Area is $132,800. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Clovis Metro Area is up 12.5%.

Average Age of Homes

- The median age of Clovis Metro Area real estate is 42 years old

The Rental Market in Clovis Metro Area

- Renters make up 36.2% of the Clovis Metro Area population
- 3.0% of houses and apartments in Clovis Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Clovis, New Mexico	United States
	21,064.0	139,647,020.0
	44	42
	$132,800	$338,100
	12.5%	16.6%
	43.0%	57.0%
	56.6%	101.1%
	$5.72	$10.98
	$797	$2,690
	49.1%	57.4%
	13.2%	11.2%
	37.7%	31.4%
Vacant Housing
	3.0%	1.9%
	0.9%	0.4%
	1.3%	0.7%
	0.5%	0.4%
	1.1%	3.6%
	6.4%	4.1%
Value of Owner-Occupied Housing
	3.7%	2.6%
	5.0%	2.4%
	7.2%	2.8%
	9.8%	3.9%
	7.8%	4.5%
	19.7%	11.3%
	17.2%	13.0%
	19.1%	20.1%
	6.2%	13.6%
	2.6%	8.3%
	0.8%	9.7%
	0.3%	3.9%
	0.2%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.2%	13.6%
	10.2%	13.6%
	12.2%	13.6%
	11.5%	13.2%
	18.3%	14.8%
	12.2%	13.6%
	9.3%	10.0%
	7.5%	4.7%
	5.6%	12.2%

Reviews for Clovis

See all (0)

Write a Review

Start Your Review of Clovis

Commute