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Union County, NM Home Values and Rents
The typical home value in Union County is $107,344, 27th highest of 33 counties in New Mexico. Median rent is $683 a month.
- Typical home value
- $107,344
- 27th of 33 in NM
- Median rent
- $683/mo
- ACS 2020-2024
- Price change, 1 year
- -9.9%
- Sep 2026
- Homeownership
- 72.4%
- NM: 70.0%
Typical home value in Union County
Zillow Home Value Index, all homes, middle tier
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| Period | Union County |
|---|---|
| Sep 2026 | $107,344 |
| Dec 2025 | $117,122 |
| Dec 2024 | $121,656 |
| Dec 2023 | $114,382 |
| Dec 2022 | $113,068 |
| Dec 2021 | $111,130 |
| Dec 2020 | $104,931 |
| Dec 2019 | $91,394 |
| Dec 2018 | $97,673 |
| Dec 2017 | $102,991 |
| Dec 2016 | $88,462 |
Over five years, Union County prices changed -3.0%.
Source: Zillow Research · Last updated 09/01/2026
Housing at a glance
American Community Survey 2020-2024 5-year estimates, compared with New Mexico
- Median home value
- $122,700 · NM $248,100
- Median gross rent
- $683/mo · NM $1,067
- Home value to income
- 2.6 times the median household income ($46,694)
- Rent to income
- A year of median rent equals 18% of median household income
- Owner-occupied
- 72.4% of 1,438 households
- Housing units
- 2,101
- Vacancy rate
- 31.6%
- Median year built
- 1961
Fair Market Rents, FY2027
HUD rent standard for Union County, NM
| Unit size | Monthly rent |
|---|---|
| Studio | $773 |
| 1 bedroom | $778 |
| 2 bedrooms | $1,014 |
| 3 bedrooms | $1,388 |
| 4 bedrooms | $1,590 |
Home values by city in Union County
Median home value (ACS 2020-2024), places with 500+ residents
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| # | City or town | Population | Median value | Median rent |
|---|---|---|---|---|
| 1 | Clayton | 2,753 | $110,500 | $652 |
Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
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Frequently asked questions
- What is the typical home value in Union County, NM?
- The typical home value in Union County is $107,344 (Zillow Home Value Index, Sep 2026). The New Mexico median is $248,100.
- How much is rent in Union County?
- The median rent in Union County is $683 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
- Are home prices going up in Union County?
- The typical home value in Union County changed -9.9% over one year and -3.0% over five years, as of Sep 2026.
- How does Union County compare with the rest of New Mexico?
- Union County has the 27th highest median home value of 33 counties in New Mexico.
- Which ZIP code in Union County has the highest home values?
- ZIP code 88419 has the highest median home value at $252,100, and 88415 has the lowest at $120,800.