Data as of March 2026. Source: Realtor.com.
The PENASCO, NM real estate market (87553) currently shows 3 active listings, with 1 pending sales. Homes are averaging 162 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are selling faster, averaging 162 days on market compared to 215 days last year.
The median listing price has risen 193.4% year-over-year, from $160,000 to $469,500.
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 March 2026, there are 3 active listings in PENASCO, NM (zip code 87553), compared to 2 the prior year.
The median listing price in PENASCO, NM 87553 is $469,500 as of March 2026, a 193.4% increase from $160,000 the prior year.
Homes in PENASCO, NM 87553 spend an average of 162 days on the market before going under contract, compared to 215 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PENASCO, NM 87553 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 162 days on market compared to 215 days last year.
With SELL123.com's maximum 3% commission, sellers in PENASCO, NM 87553 save an estimated $9,390 compared to a typical 5% commission on the median listing price of $469,500. 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.