Home prices
Ignacio's median home cost is $180,300. It is approximately $72,900 (28%) lower compared to other places in this area.It is approximately $37,200 (17%) lower compared to the entire nation, and compared to the city of Farmington is roughly $6,500 (3%) lower.
Rents
The median monthly rent in Ignacio is $1,025. In comparison to other places in this area it is roughly $49 (4%) higher.It is roughly $37 (3%) lower in comparison to the rest of the country, and in comparison to the city of Farmington it is about $157 (18%) higher.
Nearby places
Bayfield
Bayfield is roughly 8 miles north of Ignacio. The housing prices there are a lot more expensive. The median home in Bayfield costs $318,100, which comes out to $137,800 (43%) higher than Ignacio. Rent there is similar. Bayfield's median monthly rent is $1,024, which is very similar to Ignacio.
Arboles
Arboles is roughly 12 miles southeast from Ignacio. The real estate prices there are a bit more expensive. The median home in Arboles is valued at $201,300, which works out to $21,000 (10%) higher than Ignacio. Rent there is substantially less expensive. In Arboles the median rent is $693 per month, which works out to $332 (47%) lower than Ignacio.
Durango
Durango is approximately 15 miles northwest of Ignacio. Housing prices there are substantially more expensive. The median home price in Durango is $463,700, which works out to $283,400 (61%) higher than Ignacio. Its rents are somewhat more expensive. In Durango the median monthly rent is $1,259, which comes out to $234 (18%) higher than Ignacio.
North Light Plant
North Light Plant is about 26 miles southwest of Ignacio. Housing prices there are significantly less expensive. The median home in North Light Plant costs $127,600, which is $52,700 (41%) lower than Ignacio. Rents there are a bit more expensive. North Light Plant's median rent is $1,125 a month, which is $100 (8%) higher than Ignacio.
Aztec
Aztec is roughly 26 miles southwest of Ignacio. Housing prices there are somewhat less expensive. Aztec's median home cost is $155,300, which works out to $25,000 (16%) lower than Ignacio. Its rents are a bit less expensive. Aztec's median monthly rent is $781, which works out to $244 (31%) lower than Ignacio.
