Clovis, NM

Metro area in New Mexico · Updated Jan 2026

12-Month Forecast ↓ -4.0%

Median Home Value

$153,792

↓ -4.3%

Year-over-year

Median Rent

$1,254/mo

↑ +5.0%

Year-over-year

Rental Yield

9.8%

Excellent for investors

5-Year Appreciation

-0.6%

Active Listings

272

For-sale inventory

Price-to-Rent Ratio

10.2

Favors buying

Price Forecast

1 Month

↑ +0.4%

12 Months

↓ -4.0%

5-Year Price Trend

Calculate your mortgage for Clovis, NM

See monthly payments for a $153,792 home →

Should you rent or buy in Clovis, NM?

Price-to-rent ratio: 10.2x — Buying likely wins. Run a full breakeven analysis with Clovis, NM numbers pre-filled →

Frequently Asked Questions