| Clovis, NM | |
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| State | New Mexico |
| Population | 38,891 |
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Compared to its surrounding areas, Clovis is significantly more expensive, and it's a lot less expensive compared to the country as a whole.
The median home in Clovis costs $125,600. In comparison to the surrounding areas it is about $34,650 (38%) higher.Compared to the rest of the nation it is approximately $91,900 (42%) lower.
The median monthly rent in Clovis is $822. Compared to its nearby areas it is about $106 (14%) higher.It is approximately $240 (22%) lower in comparison to the nation as a whole.
Texico is approximately 7 miles southeast from Clovis. Real estate prices there are significantly less expensive. The cost of the median home in Texico is $87,200, which is $38,400 (44%) lower than Clovis. Rents there are fairly similar. Texico's median monthly rent is $798, which works out to $24 (3%) lower than Clovis.
Farwell is about 8 miles southeast of Clovis. Its housing prices are somewhat less expensive. The median home in Farwell is valued at $103,600, which works out to $22,000 (21%) lower than Clovis. Rent there is somewhat less expensive. Farwell's median rent is $678 per month, which comes out to $144 (21%) lower than Clovis.
Bovina is about 16 miles east of Clovis. Its real estate prices are substantially less expensive. The price of the median home in Bovina is $77,900, which comes out to $47,700 (61%) lower than Clovis. Its rents are somewhat less expensive. In Bovina the median monthly rent is $666, which works out to $156 (23%) lower than Clovis.
Portales is about 20 miles southwest of Clovis. The housing prices there are a bit less expensive. The cost of the median home in Portales is $116,200, which comes out to $9,400 (8%) lower than Clovis. Rent there is a bit less expensive. Portales's median monthly rent is $776, which works out to $46 (5%) lower than Clovis.
Melrose is about 21 miles west of Clovis. The real estate prices there are significantly less expensive. The median home in Melrose costs $82,300, which comes out to $43,300 (52%) lower than Clovis. Its rents are somewhat less expensive. In Melrose the median monthly rent is $642, which works out to $180 (28%) lower than Clovis.
Friona is roughly 27 miles northeast of Clovis. Housing prices there are substantially less expensive. The median home in Friona is valued at $78,500, which comes out to $47,100 (60%) lower than Clovis. Its rents are a little less expensive. Friona's median rent is $733 per month, which comes out to $89 (12%) lower than Clovis.