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Shiprock, NM Home Values and Rents
The median home value in Shiprock is $104,400, 125th highest of 150 cities and towns in New Mexico. Median rent is $694 a month.
- Median home value
- $104,400
- 125th of 150 in NM
- Median rent
- $694/mo
- ACS 2020-2024
- Price change, 1 year
- +6.2%
- County index, 2025
- Homeownership
- 49.1%
- NM: 70.0%
San Juan County home price trend
FHFA annual House Price Index for San Juan County, 2000 = 100, compared with New Mexico
Show as a table
| Period | San Juan County |
|---|---|
| 2025 | 239 |
| 2024 | 225 |
| 2023 | 209 |
| 2022 | 193 |
| 2021 | 171 |
| 2020 | 159 |
| 2019 | 151 |
| 2018 | 150 |
| 2017 | 151 |
| 2016 | 154 |
| 2015 | 152 |
| 2014 | 151 |
| 2013 | 152 |
| 2012 | 149 |
| 2011 | 151 |
Over five years, San Juan County prices changed +50.9%, compared with +33.9% for New Mexico.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
Fair Market Rents, FY2027
HUD rent standard for Farmington, NM MSA
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $850 | -3.6% |
| 1 bedroom | $855 | -3.4% |
| 2 bedrooms | $1,116 | +2.9% |
| 3 bedrooms | $1,545 | +2.4% |
| 4 bedrooms | $1,673 | +2.6% |
Frequently asked questions
- What is the median home value in Shiprock, NM?
- The median home value in Shiprock is $104,400, based on the American Community Survey 2020-2024 5-year estimates. The New Mexico median is $248,100.
- How much is rent in Shiprock?
- The median rent in Shiprock is $694 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,116.
- Are home prices going up in Shiprock?
- Home prices in San Juan County changed +6.2% over one year and +50.9% over five years, as of 2025.
- How does Shiprock compare with the rest of New Mexico?
- Shiprock has the 125th highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.