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Land and home values in Clovis, NM

Clovis is a city in Curry County, New Mexico, home to about 37,942 people. Residential land runs about $2.78 per sq ft, the typical home is worth about $176,000, and a 2-bedroom rents for about $1,370 a month, as of October 12, 2026.

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Values in Clovis

Land: residential$2.78per sq ft
Land: residential$121,140per acre
Land: quarter-acre lot$30,28510,890 sq ft
Home: typical (median)$176,000value
Home: entry-level$175,000lower quartile
Home: upper-end$270,000upper quartile
Build new$177per sq ft, no land
Rent: 1-bedroom$1,130per month
Rent: 2-bedroom$1,370per month
Rent: 3-bedroom$1,790per month
Rent: 4-bedroom$2,310per month
Gross yield, 2-bed9.3%a year

Questions people ask

How much is land worth in Clovis, NM?

Residential land in Clovis, NM is about $2.78 per square foot, or $121,140 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $30,285. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Clovis, NM?

The typical (median) home in Clovis, NM is worth about $176,000, with entry-level homes around $175,000 and upper-end homes around $270,000, as of October 2026.

How much is rent in Clovis, NM?

A 2-bedroom rents for about $1,370 a month in Clovis, NM, a 1-bedroom about $1,130 and a 3-bedroom about $1,790 (gross rent including utilities, HUD Fair Market Rent basis).

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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