Home prices
The cost of the median home in Hernandez is $160,900. This is approximately $369,820 (69%) lower compared to its surrounding areas.Compared to the nation as a whole it is about $56,600 (26%) lower, and in comparison to the city of Albuquerque is about $37,300 (18%) lower.
Rents
Hernandez's median rent is $750 per month. It is approximately $98 (14%) higher in comparison to nearby areas.It is about $312 (29%) lower compared to the US as a whole, and compared to the city of Albuquerque is roughly $123 (14%) lower.
Nearby places
Chamita
Chamita is Hernandez's neighbor to the northeast. Real estate prices there are somewhat more expensive. The median home in Chamita is valued at $173,400, which comes out to $12,500 (7%) higher than Hernandez. The rent there is a little less expensive. In Chamita the median rent is $625 a month, which comes out to $125 (19%) lower than Hernandez.
San Jose
San Jose is Hernandez's neighbor to the southeast. Its real estate prices are somewhat less expensive. The price of the median home in San Jose is $151,800, which is $9,100 (5%) lower than Hernandez. Rent there is a bit less expensive. The median rent in San Jose is $669 per month, which is $81 (12%) lower than Hernandez.
Ohkay Owingeh
Ohkay Owingeh is roughly 3 miles east from Hernandez. Its housing prices are a lot more expensive. The median home in Ohkay Owingeh costs $2,000,001, which works out to $1,839,101 (91%) higher than Hernandez. The rent there is a bit less expensive. Ohkay Owingeh's median rent is $614 a month, which works out to $136 (22%) lower than Hernandez.
Alcalde
Alcalde is roughly 3 miles northeast from Hernandez. The real estate prices there are pretty similar. The median home in Alcalde is valued at $168,300, which is $7,400 (4%) higher than Hernandez. Rents there are somewhat less expensive. The median rent in Alcalde is $688 per month, which is $62 (9%) lower than Hernandez.
Española
Española is about 4 miles southeast of Hernandez. Housing prices there are fairly similar. The median home in Española is valued at $160,100, which is very similar to Hernandez. Rents there are somewhat less expensive. Española's median monthly rent is $665, which comes out to $85 (12%) lower than Hernandez.
