Roswell, New Mexico.
Typical home $175,148 (+0.8% in a year), asking rent $1,263 (+7.7%). Roswell, NM metro.
to buy the typical home at today's mortgage rate — +$391 (+74%) since Jan 2020.
- 1 year
- Up $1,374 +1%
- $173,774$175,148 since Sep 2025
- 5 years
- Up $1,969 +1%
- $173,179$175,148 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.
- Roswell$919
- New Mexico$1,658
- United States$1,922
Typical home values in Roswell, NM rose 0.8% over the past year — slower than the nation's +1.2%.
Asking rents in Roswell, NM rose 7.7% over the past year — faster than the nation's +2.7%.
Owning the typical home in Roswell runs $69/mo less than renting one. The gap peaked at $134 in Oct 2022.
That is $1,194 a month against $1,263 rent: a $919 mortgage payment, plus $87 property tax and $188 insurance & upkeep.
Owning vs renting — Roswell
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$1,194
- Renting$1,263
- Mortgage only$919
Property tax · $87/mo 0.60% of value a year — the ACS 2020-2024 median bill over the median home value for Chaves County, NM
Insurance & upkeep · $188/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Roswell, Chaves County, New Mexico
Roswell is a city of 48,422 people in Chaves County. Half its households earn more than $51,583 a year and half less, against $52,938 across Chaves County; 26% of its people live below the poverty line. 69% of its homes are lived in by their owners and 31% are rented. Unemployment in Roswell was 5.1% in August 2026, and Chaves County had 0.9% more jobs in 2025 than the year before. The most residents 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. Roswell is the largest city in Chaves County, in southeastern New Mexico. Most homes are lived in by their owners, and typical home values and rents sit within reach of what many households in the county earn. Incomes run a little below the county's, and a good many residents live below the poverty line. Winters are cool and mostly dry, with a little snow, and summers are hot.
Work. Residents work mainly in schools, hospitals and social care, in shops, in restaurants, hotels and entertainment, and in professional and business services. Roswell Schools, Walmart and New Mexico Military Institute are among the biggest workplaces in town. Unemployment has risen somewhat over the past year, and most people have a short drive to work.
Things to do. Roswell is best known for the International UFO Museum And Research Center, which sits in town alongside the Roswell Museum and Art Center, a museum of art and local history. For time outdoors, Bottomless Lakes State Park is a protected area a longer drive away, as is Bitter Lake National Wildlife Refuge.
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- 17,838households
- 19%of adults have a degree
- 26%below the poverty line
- 18 mintypical commute
- 5%work from home
What residents work in
Employed residents by industry, from the Census survey. Chaves County had 21,847 jobs in 2025, 0.9% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 56° and lows near 23°; warmest in July, with highs near 94° and lows near 66°. About 10 inches of snow and 12 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Roswell Climat weather station, under a mile away (NOAA).
Largest workplaces in Roswell
- Roswell SchoolsSchool district1,084FTE
- WalmartWarehouse clubs and supercenters357
- New Mexico Military InstituteTwo-year college339
- Eastern New Mexico University-Roswell CampusTwo-year college337
- MBF Inspection ServicesPipeline inspection services170
- United SupermarketsSupermarket158
- Sam's ClubWarehouse clubs and supercenters150
- Lovelace Regional Hospital-roswellGeneral hospital141FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 22 workplaces with 20 or more staff, 2,135 people in all. School districts come from the Common Core of Data (NCES, 2023–24), colleges from IPEDS (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); 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
- Winter weatherRelatively high
- Strong windRelatively high
- LightningRelatively high
- Inland floodingRelatively high
- Ice stormsRelatively high
- Heat wavesRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Roswell’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 Chaves County and the Roswell, NM metro.
Roswell home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Roswell$175,148
- New Mexico$315,812
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 5 Roswell listings, and the typical home goes pending in 36 days — the market is cooling.
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
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Roswell19.78%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Roswell36
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Roswell219
New listings per month
Sellers arriving at the market.
- Roswell59
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Roswell$227,795
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Roswell97.47%
Zip codes with a Roswell address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Roswell — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Roswell
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 88203 | Roswell | 28,753 | $1,296 | $143,266 |
| 88201 | Roswell | 27,524 | $1,213 | $230,252 |