Checked
Milan, NM Home Values and Rents
The median home value in Milan is $75,500, 143rd highest of 150 cities and towns in New Mexico. Median rent is $851 a month.
- Median home value
- $75,500
- 143rd of 150 in NM
- Median rent
- $851/mo
- ACS 2020-2024
- Price change, 1 year
- +14.3%
- County index, 2025
- Homeownership
- 68.4%
- NM: 70.0%
Cibola County home price trend
FHFA annual House Price Index for Cibola County, 2000 = 100, compared with New Mexico
Show as a table
| Period | Cibola County |
|---|---|
| 2025 | 257 |
| 2024 | 225 |
| 2023 | 203 |
| 2022 | 192 |
| 2021 | 182 |
| 2020 | 165 |
| 2019 | 151 |
| 2018 | 150 |
| 2017 | 160 |
| 2016 | 160 |
| 2015 | 164 |
| 2014 | 150 |
| 2013 | 140 |
| 2012 | 149 |
| 2011 | 142 |
Over five years, Cibola County prices changed +55.3%, compared with +33.9% for New Mexico.
Source: Federal Housing Finance Agency · Last updated 07/01/2026
Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 87021 | $128,100 | $886 | - | - |
Frequently asked questions
- What is the median home value in Milan, NM?
- The median home value in Milan is $75,500, based on the American Community Survey 2020-2024 5-year estimates. The New Mexico median is $248,100.
- How much is rent in Milan?
- The median rent in Milan is $851 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,022.
- Are home prices going up in Milan?
- Home prices in Cibola County changed +14.3% over one year and +55.3% over five years, as of 2025.
- How does Milan compare with the rest of New Mexico?
- Milan has the 143rd highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.
- Which ZIP code in Milan has the highest home values?
- ZIP code 87021 has the highest median home value at $128,100.