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Spencerville, NM Home Values and Rents

The median home value in Spencerville is $255,000, 53rd highest of 150 cities and towns in New Mexico. Median rent is $1,301 a month.

Median home value
$255,000
53rd of 150 in NM
Median rent
$1,301/mo
ACS 2020-2024
Price change, 1 year
+6.2%
County index, 2025
Homeownership
86.1%
NM: 70.0%

San Juan County home price trend

FHFA annual House Price Index for San Juan County, 2000 = 100, compared with New Mexico

San Juan CountyNew Mexico
Show as a table
PeriodSan Juan County
2025239
2024225
2023209
2022193
2021171
2020159
2019151
2018150
2017151
2016154
2015152
2014151
2013152
2012149
2011151

Over five years, San Juan County prices changed +50.9%, compared with +33.9% for New Mexico.

Source: Federal Housing Finance Agency · Last updated 07/01/2026

Frequently asked questions

What is the median home value in Spencerville, NM?
The median home value in Spencerville is $255,000, based on the American Community Survey 2020-2024 5-year estimates. The New Mexico median is $248,100.
How much is rent in Spencerville?
The median rent in Spencerville is $1,301 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 Spencerville?
Home prices in San Juan County changed +6.2% over one year and +50.9% over five years, as of 2025.
How does Spencerville compare with the rest of New Mexico?
Spencerville has the 53rd highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.