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NM area data

Silver city, NM

Silver city, NM.

Population: 17,464 (Census ACS)

Home values & appreciation

Median home value
$223,387
1-year appreciation
-6.3%
3-year appreciation
-20.2%
5-year appreciation
-7.1%
10-year appreciation
+17.0%
All-time peak (2023-06)
$281,063
House Price Index
406.5 (+0.8% YoY)

Market activity

Median sale price
$292,000
Median list price
$349,000
Median days on market
115.5 days
Active listings
71
1-year forecast
-3.2%
New listings (monthly)
22

Rents

Typical rent
$1,575/mo
1BR fair-market rent
$1,103/mo
3BR fair-market rent
$1,715/mo

Affordability

Cost of living index (Below Average)
92.5 (100 = US avg)
Electricity rate (state-level)
15.1¢/kWh
Natural gas rate (state-level)
$9.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
8
Elementary schools
4
Middle schools
1
High schools
2
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
inlandFlooding, lightning, wildfire, winterWeather
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
58.0°F
Average high
68.0°F
Average low
48.0°F
Annual precipitation
10.6 in
Annual snowfall
23.2 in

Walkability & transit

Walkability index
9.7 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Gila Cliff Dwellings National Monument (40 mi)
Nearest airport
Turner Ranch Airport (8 mi)
Nearest major airport
Grant County Airport (SVC) (11 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
2.0 / 5
Solar radiation rating
Excellent (5.7 kWh/m²/day)

Migration

Net migration
+70 tax filers

Housing stock

Median year housing built
1,980
Median annual property tax
$914
Mean commute to work
14 min
Households with broadband internet
61.1%

Employment & development

Total county employment
6,429
Average weekly wage
$1,001
Top industries (by employment)
Mining, Health Care, Administrative Services

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents