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Thoreau, NM Home Values and Rents
The median home value in Thoreau is $95,200, 134th highest of 150 cities and towns in New Mexico. Median rent is $483 a month.
- Median home value
- $95,200
- 134th of 150 in NM
- Median rent
- $483/mo
- ACS 2020-2024
- Price change, 1 year
- +5.0%
- County index, 2025
- Homeownership
- 80.2%
- NM: 70.0%
McKinley County home price trend
FHFA annual House Price Index for McKinley County, 2000 = 100, compared with New Mexico
Show as a table
| Period | McKinley County |
|---|---|
| 2025 | 200 |
| 2024 | 190 |
| 2023 | 182 |
| 2022 | 171 |
| 2021 | 157 |
| 2020 | 145 |
| 2019 | 139 |
| 2018 | 137 |
| 2017 | 131 |
| 2016 | 130 |
| 2015 | 130 |
| 2014 | 133 |
| 2013 | 124 |
| 2012 | 125 |
| 2011 | 125 |
Over five years, McKinley County prices changed +38.0%, 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 | 87323 | $138,200 | $485 | - | - |
Frequently asked questions
- What is the median home value in Thoreau, NM?
- The median home value in Thoreau is $95,200, based on the American Community Survey 2020-2024 5-year estimates. The New Mexico median is $248,100.
- How much is rent in Thoreau?
- The median rent in Thoreau is $483 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,140.
- Are home prices going up in Thoreau?
- Home prices in McKinley County changed +5.0% over one year and +38.0% over five years, as of 2025.
- How does Thoreau compare with the rest of New Mexico?
- Thoreau has the 134th highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.
- Which ZIP code in Thoreau has the highest home values?
- ZIP code 87323 has the highest median home value at $138,200.