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Clovis, NM Home Values and Rents

The typical home value in Clovis is $162,649, 85th highest of 150 cities and towns in New Mexico. Median rent is $1,315 a month.

Typical home value
$162,649
85th of 150 in NM
Median rent
$1,315/mo
Zillow observed rent
Price change, 1 year
+2.3%
Sep 2026
Homeownership
62.1%
NM: 70.0%

Typical home value in Clovis

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodClovis
Sep 2026$162,649
Dec 2025$159,523
Dec 2024$164,919
Dec 2023$161,700
Dec 2022$166,905
Dec 2021$152,349
Dec 2020$154,806
Dec 2019$144,647
Dec 2018$135,587
Dec 2017$134,939
Dec 2016$135,981

Over five years, Clovis prices changed +6.8%.

Source: Zillow Research · Last updated 09/01/2026

Fair Market Rents, FY2027

HUD rent standard for Curry County, NM

NM rents
Unit sizeMonthly rentvs FY2026
Studio$802+5.9%
1 bedroom$891-0.1%
2 bedrooms$1,151+4.8%
3 bedrooms$1,522+6.8%
4 bedrooms$1,889+2.6%

Frequently asked questions

What is the typical home value in Clovis, NM?
The typical home value in Clovis is $162,649 (Zillow Home Value Index, Sep 2026). The New Mexico median is $248,100.
How much is rent in Clovis?
The median rent in Clovis is $1,315 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,151.
Are home prices going up in Clovis?
The typical home value in Clovis changed +2.3% over one year and +6.8% over five years, as of Sep 2026.
How does Clovis compare with the rest of New Mexico?
Clovis has the 85th highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.