Home prices
The median home in Bovina costs $77,900. This is approximately $14,480 (15%) lower compared to nearby areas.It is roughly $139,600 (64%) lower in comparison to the entire nation, and compared to the city of Amarillo it is approximately $54,600 (41%) lower.
Rents
Bovina's median monthly rent is $666. It is about $78 (10%) lower compared to other places in this area.It is about $396 (37%) lower in comparison to the US as a whole, and is approximately $184 (21%) lower compared to the city of Amarillo.
Nearby places
Friona
Friona is approximately 12 miles northeast of Bovina. The housing prices there are pretty similar. The median home in Friona is valued at $78,500, which is very similar to Bovina. Rent there is a bit more expensive. Friona's median monthly rent is $733, which comes out to $67 (9%) higher than Bovina.
Farwell
Farwell is about 12 miles southwest of Bovina. The housing prices there are somewhat more expensive. The median home in Farwell costs $103,600, which is $25,700 (24%) higher than Bovina. The rent there is pretty similar. Farwell's median monthly rent is $678, which works out to $12 (1%) higher than Bovina.
Texico
Texico is roughly 12 miles southwest from Bovina. Its housing prices are a bit more expensive. The median home in Texico costs $87,200, which is $9,300 (10%) higher than Bovina. The rent there is somewhat more expensive. Texico's median monthly rent is $798, which works out to $132 (16%) higher than Bovina.
Clovis
Clovis is about 16 miles west from Bovina. Its housing prices are a lot more expensive. The median home in Clovis is valued at $125,600, which comes out to $47,700 (37%) higher than Bovina. The rent there is a little more expensive. Clovis's median rent is $822 per month, which works out to $156 (18%) higher than Bovina.
Muleshoe
Muleshoe is about 22 miles south of Bovina. The real estate prices there are a bit less expensive. The median home in Muleshoe costs $67,000, which is $10,900 (16%) lower than Bovina. Its rents are pretty similar. Muleshoe's median rent is $691 per month, which is $25 (3%) higher than Bovina.