The median home value in Fairacres, NM is $169,800. This is higher than the county median home value of $169,600. The national median home value is $219,700. The average price of homes sold in Fairacres, NM is $169,800. Approximately 71.4% of Fairacres homes are owned, compared to 10.47% rented, while 18.14% are vacant. Fairacres real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fairacres real estate agent to arrange a tour today!
Fairacres, New Mexico has a population of 1,101. Fairacres is less family-centric than the surrounding county with 8.16% of the households containing married families with children. The county average for households married with children is 31.25%.
The median household income for the surrounding county is $39,114 compared to the national median of $57,652. The median age of people living in Fairacres is 49.7 years.
The average high temperature in July is 95 degrees, with an average low temperature in January of 28.5 degrees. The average rainfall is approximately 10.7 inches per year, with 2 inches of snow per year.