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Jal, NM Home Values and Rents

The typical home value in Jal is $140,872, 131st highest of 150 cities and towns in New Mexico. Median rent is $1,318 a month.

Typical home value
$140,872
131st of 150 in NM
Median rent
$1,318/mo
ACS 2020-2024
Price change, 1 year
-4.3%
Sep 2026
Homeownership
72.5%
NM: 70.0%

Typical home value in Jal

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodJal
Sep 2026$140,872
Dec 2025$144,081
Dec 2024$159,719
Dec 2023$171,391
Dec 2022$232,172

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

Fair Market Rents, FY2027

HUD rent standard for Lea County, NM

NM rents
Unit sizeMonthly rentvs FY2026
Studio$1,111+4.6%
1 bedroom$1,117+4.6%
2 bedrooms$1,327+0.2%
3 bedrooms$1,670+1.8%
4 bedrooms$1,823-0.3%

Frequently asked questions

What is the typical home value in Jal, NM?
The typical home value in Jal is $140,872 (Zillow Home Value Index, Sep 2026). The New Mexico median is $248,100.
How much is rent in Jal?
The median rent in Jal is $1,318 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,327.
Are home prices going up in Jal?
The typical home value in Jal changed -4.3% over one year and - over five years, as of Sep 2026.
How does Jal compare with the rest of New Mexico?
Jal has the 131st highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.