Home prices
The cost of the median home in Jarales is $148,000. This is roughly $10,660 (7%) higher in comparison to its surrounding areas.It is about $69,500 (31%) lower in comparison to the entire country, and is roughly $50,200 (25%) lower compared to the city of Albuquerque.
Rents
Jarales's median monthly rent is $614. It is approximately $241 (28%) lower compared to the surrounding areas.It is roughly $448 (42%) lower compared to the entire country, and in comparison to the city of Albuquerque it is about $259 (29%) lower.
Nearby places
Belen
Belen is Jarales's neighbor to the north. Its housing prices are substantially less expensive. The median home in Belen costs $106,500, which is $41,500 (38%) lower than Jarales. Its rents are somewhat more expensive. In Belen the median monthly rent is $731, which works out to $117 (16%) higher than Jarales.
Madrone
Madrone is about 3 miles southeast from Jarales. The real estate prices there are substantially less expensive. The median home value in Madrone is $105,200, which works out to $42,800 (40%) lower than Jarales. Rent there is a bit more expensive. The median rent in Madrone is $779 per month, which comes out to $165 (21%) higher than Jarales.
Rio Communities
Rio Communities is approximately 3 miles northeast of Jarales. Its real estate prices are somewhat less expensive. The median home in Rio Communities is valued at $140,000, which is $8,000 (5%) lower than Jarales. Rents there are a lot more expensive. Rio Communities's median rent is $968 per month, which works out to $354 (36%) higher than Jarales.
Sausal
Sausal is approximately 4 miles north of Jarales. Its housing prices are a little more expensive. Sausal's median home price is $172,500, which is $24,500 (14%) higher than Jarales. Rents there are substantially more expensive. The median monthly rent in Sausal is $916, which comes out to $302 (32%) higher than Jarales.
Los Chaves
Los Chaves is about 8 miles north of Jarales. Real estate prices there are a little more expensive. Los Chaves's median home price is $162,500, which is $14,500 (8%) higher than Jarales. Rent there is a bit more expensive. In Los Chaves the median rent is $881 a month, which is $267 (30%) higher than Jarales.