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PENA BLANCA, NM 87041

Real Estate Market Report
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The PENA BLANCA, NM real estate market (87041) currently shows 1 active listings, with 1 pending sales. Homes are averaging 77 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 77 days on market compared to 46 days last year.

The median listing price has fallen 70.6% year-over-year, from $1,668,750 to $490,000.

Whether you are buying or selling in PENA BLANCA, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 867  ·  Density: 6.1/mi²  ·  Median household income: $60,703

Typical home value: $182,966  ·  Homeownership: 87.4%

Market Overview

Active Listings
1
vs 1 last year
Pending
1
100% pending ratio
Median Price
$490,000
⇩ 70.6% vs $1,668,750 last year
Average Price
$490,000
⇩ 70.6% vs $1,668,750 last year
Days on Market
77
⇧ 67.4% vs 46 days last year

Price Per Square Foot

Median $/sqft
$241
⇩ 72.6% vs $881/sqft last year
Median Home Size
2,033 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 77 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $490,000 (-70.6% YoY)
  • Average: $490,000 (-70.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 34.1 miles — 1,050 listings ($950,021,888 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87083Cochiti Lake, NM 870834.2 mi13$4,301,817$317,500$330,909
87544Los Alamos, NM 8754412.8 mi30$16,089,000$402,000$536,300
87547White Rock, NM 8754715.6 mi39$30,578,808$786,350$784,072
87508Santa Fe, NM 8750821.3 mi94$85,571,490$797,000$910,335
87043Placitas, NM 8704322.9 mi51$41,423,883$746,988$812,233
87506Santa Fe, NM 8750624.4 mi120$269,643,600$1,971,250$2,247,030
87505Santa Fe, NM 8750524.8 mi137$156,106,979$753,750$1,139,467
87540Lamy, NM 8754028.2 mi14$16,221,842$992,500$1,158,703
87144Rio Rancho, NM 8714429.4 mi320$160,246,080$449,769$500,769
87048Corrales, NM 8704830.7 mi38$44,375,640$952,500$1,167,780
87008Cedar Crest, NM 8700831.7 mi15$7,181,775$444,100$478,785
87113Albuquerque, NM 8711331.9 mi40$25,686,680$449,750$642,167
87111Albuquerque, NM 8711134.1 mi139$92,594,294$444,500$666,146

Frequently Asked Questions

How many homes are for sale in PENA BLANCA, NM 87041?

As of June 2026, there are 1 active listings in PENA BLANCA, NM (zip code 87041), compared to 1 the prior year.

What is the median home price in PENA BLANCA, NM 87041?

The median listing price in PENA BLANCA, NM 87041 is $490,000 as of June 2026, a 70.6% decrease from $1,668,750 the prior year.

How long do homes stay on the market in PENA BLANCA, NM?

Homes in PENA BLANCA, NM 87041 spend an average of 77 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in PENA BLANCA, NM 87041?

Based on current inventory and days-on-market data as of June 2026, PENA BLANCA, NM 87041 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 77 days on market compared to 46 days last year.

How much can I save on real estate commission in PENA BLANCA, NM?

With SELL123.com's maximum 3% commission, sellers in PENA BLANCA, NM 87041 save an estimated $9,800 compared to a typical 5% commission on the median listing price of $490,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.