Bayard, New Mexico.
Typical home $110,918 (-7.7% in a year). Silver City, NM metro.
to buy the typical home at today's mortgage rate — +$239 (+70%) since Jan 2020.
- 1 year
- Down $9,237 -8%
- $120,156$110,918 since Sep 2025
- 5 years
- Down $16,485 -13%
- $127,403$110,918 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Bayard$582
- New Mexico$1,658
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in Bayard, NM fell 7.7% over the past year — slower than the nation's +1.2%.
Living in Bayard, Grant County, New Mexico
Bayard is a city of 2,116 people in Grant County. Unemployment in Grant County was 5.0% in August 2026, and the county had 1.0% fewer jobs in 2025 than the year before. The most people in Grant County work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Bayard is a small city in Grant County, in the mountains of southwestern New Mexico. Homes here cost well below what is typical for the country, and household incomes across the county run lower than in much of the nation. Winters are cool and summers are hot, and the year brings little rain and melted snow, so the landscape stays dry.
Work. Many residents work in schools, hospitals and social care, followed by shops, restaurants and hotels, and professional and business services. Across Grant County, some of the largest workplaces are Western New Mexico University, Gila Regional Medical Center and Walmart. The trip to work is short, and very few people work from home.
Things to do. Fort Bayard, a former army fort, sits in or beside town. A longer drive brings you to City of Rocks State Park, a protected area, and to the Gila River. The Aldo Leopold Wilderness, another protected area, is also a longer drive away.
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- 753households
- 26%of adults have a degree
- 17 mintypical commute
- 3%work from home
What people in Grant County work in
Employed residents by industry, from the Census survey. Grant County had 9,348 jobs in 2025, 1.0% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 55° and lows near 30°; warmest in June, with highs near 90° and lows near 60°. About 16 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Fort Bayard weather station, 3 miles away (NOAA).
Largest workplaces in Grant County
- Western New Mexico UniversityUniversity or college535
- Gila Regional Medical CenterCritical access hospital370FTE
- WalmartWarehouse clubs and supercenters297
- Silver City SchoolsSchool district284FTE
- Cobre SchoolsSchool district224FTE
- Forest ServiceFederal government · Department of Agriculture111
- AlbertsonsSupermarkets and other grocery stores81
- Texas-New Mexico Power Company38
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 9 workplaces with 20 or more staff, 563 people in all across the county; Bayard has none of its own. Colleges come from IPEDS (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24) and federal offices from OPM's federal workforce data (2026); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- WildfireRelatively high
- LightningRelatively high
- Inland floodingRelatively high
- Winter weatherRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Bayard’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Grant County and the Silver City, NM metro.
Bayard home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Bayard$110,918
- New Mexico$315,812
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Bayard7
Zip codes with a Bayard address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Bayard — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.