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Silver City, NM

Full City Profile · New Mexico · Grant County County

2.9 /5.0
C+ Fair
9,574 Population 946/sq mi density
$39,025 Median Income $27,083 per capita
$160,900 Home Value $217,337 Zillow
$851 Median Rent 29.0% income on rent
60°F Avg Temperature 330 sunny days/yr
60 Violent Crime/100K 1,968 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$39,025 median income, 6.5% unemployment
A
Affordability
4.4 / 5.0
$160,900 home value, $851/mo rent
F
Safety
1.0 / 5.0
60 violent crimes/100K
B+
Education
3.6 / 5.0
32.4% bachelor's degree or higher

Housing Overview

Median Home Value
$160,900
43% below
US avg: $281,900
Median Rent
$851/mo
27% below
US avg: $1,163/mo
Homeownership Rate
57.0%
13% below US avg (65.4%)
Total Housing Units
4,816
Median year built: 1970

Home Value by Source

Census Median
$160,900
Zillow (ZHVI)
$217,337
Median Sale Price
$267,000
Median List Price
$225,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

57.0%
Owner-Occupied
43.0%
Renter-Occupied
57%
43%
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
Census median rent: $851/mo

Market Indicators (Redfin)

Median Days on Market
106 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
5
Price Drops
18.8%
of listings with price reduction
Price Per Sq Ft
$151
Active Inventory
32
homes for sale

Affordability & Housing Stock

Rent Burden
29.0%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
57.0%

Complete Housing Data

Home Values

Census Median Value$160,900
Zillow Home Value (ZHVI)$217,337
Median Sale Price$267,000
Median List Price$225,000
Price Per Sq Ft$151

Rent

Census Median Rent$851
FMR Studio$828
FMR 1-Bedroom$927
FMR 2-Bedroom$1,129
FMR 3-Bedroom$1,496
FMR 4-Bedroom$1,758

Market

Days on Market106
Sale-to-List Ratio0.0%
Price Drops18.8%
Homes Sold5
Active Inventory32
Price Per Sq Ft$151

Ownership & Stock

Owner-Occupied57.0%
Renter-Occupied43.0%
Homeownership Rate57.0%
Total Housing Units4,816
Median Year Built1970
Rent Burden29.0%