Home prices
The median home in Sheep Springs costs $58,100. It is roughly $9,100 (18%) higher compared to its surrounding areas.It is approximately $159,400 (73%) lower in comparison to the entire nation, and is about $128,700 (68%) lower compared to the city of Farmington.
Rents
Sheep Springs's median monthly rent is $366. This is roughly $160 (30%) lower compared to its surrounding areas.Compared to the rest of the nation it is roughly $696 (65%) lower, and compared to the city of Farmington it is approximately $502 (57%) lower.
Nearby places
Newcomb
Newcomb is approximately 9 miles north from Sheep Springs. Real estate prices there are significantly less expensive. The median home in Newcomb costs $43,700, which is $14,400 (32%) lower than Sheep Springs. Rent there is substantially more expensive. The median monthly rent in Newcomb is $569, which works out to $203 (35%) higher than Sheep Springs.
Crystal
Crystal is about 17 miles southwest of Sheep Springs. Its housing prices are a little less expensive. The cost of the median home in Crystal is $53,100, which is $5,000 (9%) lower than Sheep Springs. Its rents are significantly more expensive. Crystal's median monthly rent is $715, which works out to $349 (48%) higher than Sheep Springs.
Tohatchi
Tohatchi is approximately 22 miles south from Sheep Springs. The housing prices there are a bit less expensive. Tohatchi's median home value is $54,300, which is $3,800 (6%) lower than Sheep Springs. The rent there is significantly more expensive. In Tohatchi the median monthly rent is $605, which works out to $239 (39%) higher than Sheep Springs.
Tsaile
Tsaile is about 27 miles west from Sheep Springs. Real estate prices there are a little more expensive. The median home cost in Tsaile is $61,400, which comes out to $3,300 (5%) higher than Sheep Springs. The rent there is a bit less expensive. The median monthly rent in Tsaile is $327, which works out to $39 (11%) lower than Sheep Springs.
Sawmill
Sawmill is about 29 miles southwest of Sheep Springs. Its housing prices are substantially less expensive. Sawmill's median home price is $32,500, which comes out to $25,600 (78%) lower than Sheep Springs. Its rents are somewhat more expensive. Sawmill's median monthly rent is $413, which works out to $47 (11%) higher than Sheep Springs.