house in Silver City, New Mexico
Photo: Colleen Stinar
« »

Silver City, New Mexico

Retired professors and young academics alike flock to this former metal-mining boomtown nestled in the foothills of the Pinos Altos Mountains. Part of the draw may be its Old West roots—a former Apache campsite, Billy the Kid is said to have spent his formative years here in the state's southwestern corner. But today, as home to Western New Mexico University and a burgeoning arts scene, and bordering 3.3 million acres of untamed national forest, this community of about 10,000 is a contender for anyone seeking low-key living. "It's a laid-back lifestyle—people go hiking, biking, birding," says real estate agent Colleen Stinar. "It's like Santa Fe, without the pretentiousness." Looking to explore the local terrain? Nature lovers will find an active Audubon chapter and native plant society, while townies inclined to cultural events enjoy art gallery walks, blues and jazz concerts, and experimental theater performances.

The Houses
Clustered around the University and in the city's other five historic districts is an eclectic mix of brick Queen Anne cottages, other Victorian-era homes, Territorial adobes, and bungalows with southwestern flair (some with adobe construction). Prices range from $120,000 to $250,000, depending on size and condition. We recently spotted a restored smaller bungalow—a good fit for a first-time buyer or young family—for $85,500.

Why Buy Here?
New Mexico's property taxes are among the lowest in the country, and Silver City's housing market is affordable compared with other residential oases in this state. Dollars also go far here in terms of the quality of life—the cost of living is somewhat lower than the national average.

Among the best for: The Southwest, Fixer-Uppers, College Towns, Retirees, Family Friendly, First-Time Buyers, Victorians, Outdoor Activities
Ask TOH users about Home & Real Estate

Contribute to This Story Below