The median home in Jal, New Mexico is valued at $145,770, down 9.8% year over year. Jal is part of the Hobbs, NM metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$145,770

-9.8%

Prices falling — better for buyers.

Affordability

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Income (annual)

Down Payment

$29,154 on $145,770

Example: $75,000 household income. Change it above to see your own.

Affordable15.5% of income

Under the 28% guideline.

PITI$968

P/I15.5%

Afford$264K

Room+$118K

P&I $737Tax $97Ins $133

6.50% 30yr, 20% down, county tax + NM ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in New Mexico

Compare Jal with other housing markets across New Mexico.

Lamy$810K Los Ranchos de Albuquerque$685K Corrales$684K Placitas$635K Arroyo Seco$620K Alto$569K Santa Fe$569K Los Alamos$568K

Full Hobbs, NM analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Hobbs, NM metro.

View Hobbs, NM metro

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Jal, NM