Garfield, NM housing market
The typical Garfield home is worth about $187,000, up 4% in a year, 41% below the New Mexico typical home.
Home values, sales, trends and how Garfield compares with the towns next door — updated as new data is published.
Garfield at a glance
Typical home value, 2016–2026
Show as a table
| January | Garfield | New Mexico |
|---|---|---|
| 2017 | $103,000 | $178,000 |
| 2018 | $105,000 | $184,000 |
| 2019 | $114,000 | $193,000 |
| 2020 | $119,000 | $205,000 |
| 2021 | $142,000 | $229,000 |
| 2022 | $156,000 | $263,000 |
| 2023 | $167,000 | $287,000 |
| 2024 | $185,000 | $302,000 |
| 2025 | $193,000 | $313,000 |
| 2026 | $176,000 | $315,000 |
| August 2026 | $187,000 | $318,000 |
A two-bedroom rents for about $1,040
HUD's Fair Market Rent for a two-bedroom in Garfield is $1,040 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $740 · 4 bedrooms $1,580
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (87936; Las Cruces, NM MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.