Housing in Crestview

A typical Crestview home is worth roughly $228,000

Home prices around Crestview have risen about 37% over the past 5 years.

Typical home value

$228K

▲ 5% in a year · NM $318K

Estimate

2-bedroom rent

$1,120

a month, utilities in · HUD

Median tax bill

$1,833

NM $1,731

What kind of housing town is Crestview?

Read from the numbers below. The page puts what stands out first.

A town of owners100% of households own their home.Your money goes further28% below the New Mexico typical home.

★ What stands out · The homes

100% of Crestview households own their home

Half of Crestview’s homes were built before 1991.

Owners and renters

Own 100%

New Mexico: 70% own.

1991

typical home built · NM 1985

$1,833

median property tax bill · NM $1,731

0.80%

of a home’s value, a year in tax · NM 0.70%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Affordability

A typical home costs 1.8 years of income

Less than across New Mexico (5 years). Try your own numbers below.

You could afford about

$501,000

Typical Crestview home $228K

That covers a typical Crestview home, with $273K to spare.

The typical home, each month

$1,350

Loan $1,130Tax $150Insurance $70

A two-bedroom rents for about $1,120 a month here, $230 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Crestview’s typical property tax (0.80% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 37% in 5 years

The federal house price index for the ZIP codes around Crestview rose 37% over the past 5 years, slower than across New Mexico (50%). Last year prices rose 5%.

Crestview areaNew Mexico

+5%

past year

+37%

past 5 years

+54%

past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Crestview, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $1,120

Fair Market Rent a month, utilities included

Studio$780

1 bedroom$920

2 bedrooms$1,120

3 bedrooms$1,350

4 bedrooms$1,500

of households rent · NM 30%

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (McKinley County, NM): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Neighbors talk housing

What Crestview buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Crestview still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.