Zip 87041 (Pena Blanca, NM) Housing

Housing in 87041 Pena Blanca, NM is quite strong. The median value of homes here is $249,100, which is much lower than the US House Median Value of $338,100. However, it has seen a greater appreciation over the past year with a 13.83% compared to the US 1 year House Appreciation rate of only 8.27%. This indicates that there is strong demand for housing in this area and it is a good place to invest in real estate.

The median home cost in Pena Blanca (zip 87041) is $249,100. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Pena Blanca (zip 87041) is up 16.7%.

Average Age of Homes

- The median age of Pena Blanca (zip 87041) real estate is 39 years old

The Rental Market in Pena Blanca (zip 87041)

- Renters make up 13.1% of the Pena Blanca (zip 87041) population
- 0.6% of houses and apartments in Pena Blanca (zip 87041), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Pena Blanca, New Mexico	United States
	363.0	139,647,020.0
	36	42
	$249,100	$338,100
	16.7%	16.6%
	56.4%	57.0%
	71.2%	101.1%
	$8.56	$10.98
	$729	$2,690
	74.7%	57.4%
	12.1%	11.2%
	13.2%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.8%	0.4%
	4.7%	3.6%
	5.2%	4.1%
Value of Owner-Occupied Housing
	2.2%	2.6%
	6.3%	2.4%
	10.3%	2.8%
	1.5%	3.9%
	13.3%	4.5%
	27.7%	11.3%
	10.3%	13.0%
	19.6%	20.1%
	1.5%	13.6%
	1.1%	8.3%
	0.4%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	5.9%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.8%	13.6%
	2.8%	13.6%
	32.2%	13.6%
	17.4%	13.2%
	17.4%	14.8%
	32.2%	13.6%
	4.7%	10.0%
	0.0%	4.7%
	14.1%	12.2%

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