Grant County, NM Average Home Price (2026)
The average home price in Grant County, New Mexico is about $204,000 (the 2026 median across 12 ZIP codes, at ~$189/sq ft) — 36% more affordable than the New Mexico median and 29% more affordable than the typical U.S. home.
How Grant County compares
Grant County is relatively affordable for housing nationally: its typical home costs $204,000 against $319,000 for New Mexico and $289,000 for the U.S. Within the county, ZIP-level values run from about $97,000 to $553,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Grant County | $204,000 | $189 |
| New Mexico | $319,000 | $205 |
| United States | $289,000 | $193 |
Cities in Grant County
Cities with their own home-value page, largest first:
Grant County home prices by ZIP code
The 12 most valuable ZIP codes in Grant County (of 12 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 88034 Faywood | $553,000 | $291 | +171% |
| 88025 Buckhorn | $386,000 | $203 | +89% |
| 88028 Cliff | $251,000 | $214 | +23% |
| 88049 Hanover | $228,000 | $194 | +12% |
| 88061 Silver City | $219,000 | $184 | +7% |
| 88022 Arenas Valley | $206,000 | $155 | +1% |
| 88053 Silver City | $202,000 | $200 | -1% |
| 88065 Silver City | $180,000 | $154 | -12% |
| 88041 Hanover | $156,000 | $201 | -24% |
| 88023 Bayard | $118,000 | $87 | -42% |
| 88043 Hurley | $106,000 | $116 | -48% |
| 88026 Santa Clara | $97,000 | $117 | -52% |
Home value appreciation in Grant County
Home prices in Grant County have risen about 78% over the last 10 years (≈5.9% a year) and +89.3% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +2.4% — still rising. A home worth $204,000 today was worth roughly $114,671 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, New Mexico is +81.6% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Grant County
Run the numbers for Grant County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Grant County
To buy the typical $204,000 home in Grant County with 20% down, you need a household income of roughly $56,000 a year (about $1,300 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $66,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $10,200 | $1,610/mo | $69,000/yr |
| 10% (+PMI) | $20,400 | $1,540/mo | $66,000/yr |
| 20% | $40,800 | $1,300/mo | $56,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Grant County
At about $189 per square foot, here is roughly how much home different budgets get you in Grant County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 790 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1060 sq ft | around the typical home here |
| $250k | 1320 sq ft | around the typical home here |
| $300k | 1590 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 2120 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to New Mexico.
Estimate a specific home in Grant County
Enter your ZIP and size for an instant estimate tailored to your exact area:
Grant County home prices: frequently asked
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Browse all New Mexico cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.