3 homes sold in Fairacres in the last year, at a typical $489K
Almost every sale is a house. Below: a shortcut to every site where Fairacres homes are listed.
Every place Fairacres homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Fairacres.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Owning the typical Fairacres home costs about $2,793 a month
Price: Fairacres’ typical sale, last 12 months. Property tax at Fairacres’ 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Fairacres is affordable on local pay is on Cost of living.
Four things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $489K home, about $2,910 a year.
Taxes vs. neighborsTypical commute
The average one-way trip to work for people who live in Fairacres.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Fairacres, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Fairacres. People who follow the town see it, and so do people comparing Fairacres with their own town. No commission, no listing fee.
Questions about buying a home in Fairacres
What do homes sell for in Fairacres, NM?
3 homes sold in the year to October 2025 at a typical $489K, $209 a square foot.
How much are property taxes in Fairacres?
About 0.6% of a home’s value a year. On a $489K home that’s near $2,910.
Where can I see homes for sale in Fairacres?
Zillow, Redfin, Realtor.com and Homes.com all carry Fairacres’ MLS listings; the search links above open each one filtered to Fairacres.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).