Similar to the surrounding areas, it's similar compared to the country as a whole. However it is a little more expensive compared to the city of Farmington.
Home prices
Pagosa Springs's median home cost is $227,500. In comparison to its surrounding areas this is roughly $9,560 (4%) higher.It is approximately $10,000 (4%) higher compared to the rest of the country, and it is about $40,700 (21%) higher compared to the city of Farmington.
Rents
In Pagosa Springs the median rent is $766 a month. Compared to other places in this area this is about $76 (11%) higher.Compared to the nation as a whole it is roughly $296 (27%) lower, and is about $102 (11%) lower compared to the city of Farmington.
Nearby places
Dulce
Dulce is about 23 miles south of Pagosa Springs. Housing prices there are a lot less expensive. The value of the median home in Dulce is $97,100, which is $130,400 (134%) lower than Pagosa Springs. Rents there are a lot less expensive. Dulce's median rent is $494 per month, which works out to $272 (55%) lower than Pagosa Springs.
Arboles
Arboles is approximately 25 miles southwest from Pagosa Springs. Its real estate prices are a bit less expensive. Arboles's median home value is $201,300, which works out to $26,200 (13%) lower than Pagosa Springs. The rent there is a bit less expensive. The median rent in Arboles is $693 per month, which comes out to $73 (10%) lower than Pagosa Springs.
Bayfield
Bayfield is about 27 miles west of Pagosa Springs. Real estate prices there are somewhat more expensive. The median home in Bayfield is valued at $318,100, which is $90,600 (28%) higher than Pagosa Springs. The rent there is somewhat more expensive. In Bayfield the median rent is $1,024 a month, which works out to $258 (25%) higher than Pagosa Springs.
Ignacio
Ignacio is about 30 miles west of Pagosa Springs. Real estate prices there are a little less expensive. The median home in Ignacio is valued at $180,300, which is $47,200 (26%) lower than Pagosa Springs. Rent there is somewhat more expensive. The median monthly rent in Ignacio is $1,025, which comes out to $259 (25%) higher than Pagosa Springs.
South Fork
South Fork is roughly 33 miles northeast from Pagosa Springs. Housing prices there are a bit more expensive. The median home in South Fork costs $292,900, which comes out to $65,400 (22%) higher than Pagosa Springs. Rent there is significantly less expensive. In South Fork the median monthly rent is $213, which works out to $553 (259%) lower than Pagosa Springs.
