San Juan County offers residents the freedom to own or rent a full range of housing options at advantageous prices compared to most regional cities. Whether you see that golf course townhome, single-family starter home or the 100-acre horse ranch with dark sky nights, individuals and families will find what they seek in San Juan County without stretching the finances beyond their means. 

We dare you to compare San Juan County residential real estate prices to regional cities like Durango, Grand Junction, Flagstaff, Montrose, Santa Fe or Albuquerque. You will find what our residents already know - living in San Juan County is an excellent financial decision!

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Advantageous Prices

Simply put, San Juan County homes provide exceptional value per square foot. According to Best Places, the 2024 median home price in San Juan County is $202,100, compared to $267,100 for New Mexico and $338,100 for the country. 

US Census Bureau data via the 2022 American Community Survey and the 2020 Decennial Census indicates the county’s ownership rate was 72%, slightly higher than the New Mexico average of 71% and the U.S. average of approximately 66%. Housing units in San Juan County total approximately 48,000, about half of which were single-family units. 

The combination of favorable home costs and motivated buyers has resulted in a vibrant residential real estate market in San Juan County. According to the San Juan County Board of Realtors, 772 residential units were sold in 2023 at an average selling price of $271,613 after just 32 average days on the market. Click here to view current San Juan County real estate listings.

In addition to benefiting from relatively low-priced residential real estate, San Juan County charges the second lowest property tax rate in New Mexico. According to SmartAsset.com,  New Mexico has the nation’s lowest property tax rates at 0.73%, and San Juan County is even lower, at 0.7%. That would equate to approximately $500 in annual property taxes for that San Juan County median home price above. 

Many favorable opportunities exist for those seeking other housing options. Rents are just as appealing throughout San Juan County. U.S. Census Bureau data indicates the median gross monthly rent was $870 in San Juan County, compared to $950 for New Mexico and $1,268 nationally. There are numerous affordable housing complexes in San Juan County, most of which are in the Farmington Area. The San Juan County Housing Authority is an excellent resource for locating affordable housing options.

Great Opportunities for Developers of Senior Housing Solutions

As the population ages and more people retire to San Juan County to enjoy its financially appealing and high-quality lifestyle, there is a burgeoning demand for more “senior-friendly” housing and retirement complexes. New Mexico is a state that understands this need and is proactive about facilitating development. One example is the 2023 renovation of the Aztec Senior Center in Aztec, NM. Read about the progress here. 

Contact Four Corners Economic Development if you might be an interested developer.  The demand is growing!