Data as of June 2026. Source: Realtor.com.
The PENASCO, NM real estate market (87553) currently shows 3 active listings, with 1 pending sales. Homes are averaging 125 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 125 days on market compared to 13 days last year.
The median listing price has fallen 11.6% year-over-year, from $517,000 to $457,000.
Whether you are buying or selling in PENASCO, 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.
Population: 1,583 · Density: 51.2/mi² · Median household income: $37,143
Typical home value: $180,590 · Homeownership: 75.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 87553 | Penasco, NM 87553 | 0.0 mi | 3 | $1,377,750 | $459,250 | $459,250 |
| 87543 | Llano, NM 87543 | 7.8 mi | 1 | $2,150,000 | $2,150,000 | $2,150,000 |
| 87527 | Dixon, NM 87527 | 8.3 mi | 3 | $937,500 | $312,500 | $312,500 |
| 87578 | Truchas, NM 87578 | 11.6 mi | 2 | $1,825,000 | $912,500 | $912,500 |
| 87511 | Alcalde, NM 87511 | 15.7 mi | 1 | $125,000 | $125,000 | $125,000 |
| 87529 | El Prado, NM 87529 | 17.3 mi | 43 | $31,051,934 | $497,000 | $722,138 |
| 87549 | Ojo Caliente, NM 87549 | 18.8 mi | 2 | $1,298,000 | $649,000 | $649,000 |
| 87715 | Cleveland, NM 87715 | 20.9 mi | 1 | $190,000 | $190,000 | $190,000 |
| 87539 | La Madera, NM 87539 | 22.1 mi | 1 | $1,200,000 | $1,200,000 | $1,200,000 |
| 87514 | Arroyo Seco, NM 87514 | 23.5 mi | 13 | $23,129,574 | $1,375,000 | $1,779,198 |
| 87548 | Medanales, NM 87548 | 26.0 mi | 6 | $4,713,600 | $699,000 | $785,600 |
| 87532 | Espanola, NM 87532 | 26.5 mi | 27 | $14,057,118 | $517,000 | $520,634 |
| 87742 | Rociada, NM 87742 | 27.7 mi | 9 | $4,124,250 | $407,000 | $458,250 |
As of June 2026, there are 3 active listings in PENASCO, NM (zip code 87553), compared to 4 the prior year.
The median listing price in PENASCO, NM 87553 is $457,000 as of June 2026, a 11.6% decrease from $517,000 the prior year.
Homes in PENASCO, NM 87553 spend an average of 125 days on the market before going under contract, compared to 13 days the prior year.
Based on current inventory and days-on-market data as of June 2026, PENASCO, NM 87553 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 125 days on market compared to 13 days last year.
With SELL123.com's maximum 3% commission, sellers in PENASCO, NM 87553 save an estimated $9,140 compared to a typical 5% commission on the median listing price of $457,000. 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.