Market Overview
Home Prices in Hurley, NM
The median home value in Hurley, NM is $110,648 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 11.5% compared to a year ago and down 15.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hurley are priced73% below average. Hurley is part of the Silver City, NM metro area.
Over the past five years, Hurley home values have fallen by approximately0.4%, reflecting softening conditions in this market.
Price History
Hurley Home Price Trend
City Comparison
Hurley vs. National Median
At $110,648, homes in Hurley cost 73% below the national median of $410,000. This makes Hurley a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hurley?
20% Down Payment
$22,130
on $110,648
Monthly P&I
$577/mo
30-yr @ 6.8%
Total Monthly Est.
~$733/mo
incl. taxes & insurance
Income Needed
$29,320
gross annual (30% rule)
10% Down Option
$11,065
+ PMI applies
Loan Amount (20% dn)
$88,518
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Hurley, NM?
The median home value in Hurley is $110,648 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 11.5% year-over-year.
How much have home prices changed in Hurley?
Over the past year, home values in Hurley have decreased by 11.5%. Over five years, prices have fallen approximately 0.4%.
How much do I need to earn to buy a home in Hurley?
To comfortably afford the median home price of $110,648 with a 20% down payment ($22,130) at today's rates (6.8%), you'd need a gross annual income of approximately $29,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Hurley compare to the national average home price?
The national median home value is approximately $410,000. At $110,648, homes in Hurley are 73% below the national average.
What metro area is Hurley part of?
Hurley is part of the Silver City, NM metropolitan area. Home prices and market conditions can vary across the broader metro region.