Fairacres, NM
Full City Profile · New Mexico · Doña Ana County County
2.7
/5.0
C+
Fair
395
Population
187/sq mi density
$215,800
Home Value
$286,242 Zillow
63°F
Avg Temperature
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Education
2.7 / 5.0
21.5% bachelor's degree or higher
Housing Overview
Median Home Value
$215,800
23% below
US avg: $281,900
Homeownership Rate
96.1%
47% above US avg (65.4%)
Total Housing Units
243
Median year built: 1986
Home Value by Source
Census Median
$215,800
Zillow (ZHVI)
$286,242
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
96.1%
Owner-Occupied
3.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo
Affordability & Housing Stock
Rent Burden
18.1%
of renters spending 30%+ of income on housing
42% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
96.1%
Complete Housing Data
Home Values
| Census Median Value | $215,800 |
| Zillow Home Value (ZHVI) | $286,242 |
Rent
| FMR Studio | $828 |
| FMR 1-Bedroom | $927 |
| FMR 2-Bedroom | $1,129 |
| FMR 3-Bedroom | $1,496 |
| FMR 4-Bedroom | $1,758 |
Market
Ownership & Stock
| Owner-Occupied | 96.1% |
| Renter-Occupied | 3.9% |
| Homeownership Rate | 96.1% |
| Total Housing Units | 243 |
| Median Year Built | 1986 |
| Rent Burden | 18.1% |