Home prices
The median home cost in Paraje is $55,000. This is about $23,160 (29%) lower in comparison to other places in this area.It is approximately $162,500 (74%) lower compared to the US as a whole, and in comparison to the city of Albuquerque it is approximately $143,200 (72%) lower.
Rents
Paraje's median rent is $215 a month. In comparison to its surrounding areas this is roughly $322 (59%) lower.It is about $847 (79%) lower compared to the entire nation, and is roughly $658 (75%) lower in comparison to the city of Albuquerque.
Nearby places
Laguna
Laguna is Paraje's neighbor to the east. The housing prices there are a bit more expensive. The median home price in Laguna is $77,900, which is $22,900 (29%) higher than Paraje. Rents there are substantially more expensive. The median monthly rent in Laguna is $336, which works out to $121 (36%) higher than Paraje.
Mesita
Mesita is approximately 7 miles east of Paraje. The housing prices there are a bit more expensive. The cost of the median home in Mesita is $79,400, which works out to $24,400 (30%) higher than Paraje. Its rents are pretty similar. In Mesita the median monthly rent is $217, which is very similar to Paraje.
Highland Meadows
Highland Meadows is about 16 miles southeast from Paraje. Real estate prices there are similar. The median home in Highland Meadows is valued at $56,600, which comes out to $1,600 (2%) higher than Paraje. Its rents are significantly more expensive. Highland Meadows's median monthly rent is $733, which works out to $518 (70%) higher than Paraje.
Grants
Grants is approximately 19 miles northwest of Paraje. Its housing prices are substantially more expensive. The median home price in Grants is $101,900, which is $46,900 (46%) higher than Paraje. The rent there is significantly more expensive. Grants's median monthly rent is $686, which comes out to $471 (68%) higher than Paraje.
Milan
Milan is about 23 miles northwest from Paraje. Its real estate prices are a bit more expensive. The cost of the median home in Milan is $75,000, which comes out to $20,000 (26%) higher than Paraje. Rent there is substantially more expensive. The median rent in Milan is $712 per month, which works out to $497 (69%) higher than Paraje.
