Population: 1,583 · Density: 51.2/mi² · Median household income: $37,143
Typical home value: $180,590 · Homeownership: 75.2%
Data as of January 2026. Source: Realtor.com.
The PENASCO, NM real estate market (87553) currently shows 2 active listings, with 1 pending sales. Homes are averaging 223 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 223 days on market compared to 149 days last year.
The median listing price has risen 180.6% year-over-year, from $160,000 to $449,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 87553 | Penasco, NM 87553 | 0.0 mi | 2 | $898,000 | $449,000 | $449,000 |
| 87543 | Llano, NM 87543 | 7.8 mi | 1 | $2,150,000 | $2,150,000 | $2,150,000 |
| 87527 | Dixon, NM 87527 | 8.3 mi | 2 | $700,000 | $350,000 | $350,000 |
| 87578 | Truchas, NM 87578 | 11.6 mi | 2 | $1,036,000 | $599,000 | $518,000 |
| 87582 | Velarde, NM 87582 | 16.1 mi | 5 | $1,796,335 | $337,500 | $359,267 |
| 87522 | Chimayo, NM 87522 | 17.7 mi | 6 | $2,722,800 | $350,000 | $453,800 |
| 87571 | Taos, NM 87571 | 20.1 mi | 104 | $86,128,848 | $695,000 | $828,162 |
| 87567 | Santa Cruz, NM 87567 | 22.1 mi | 1 | $795,000 | $795,000 | $795,000 |
| 87732 | Mora, NM 87732 | 22.9 mi | 1 | $785,000 | $785,000 | $785,000 |
| 87580 | Valdez, NM 87580 | 25.9 mi | 7 | $22,592,997 | $1,450,000 | $3,227,571 |
| 87513 | Arroyo Hondo, NM 87513 | 26.3 mi | 7 | $5,449,500 | $769,500 | $778,500 |
| 87722 | Guadalupita, NM 87722 | 27.1 mi | 1 | $275,000 | $275,000 | $275,000 |
| 87530 | El Rito, NM 87530 | 28.4 mi | 1 | $430,000 | $430,000 | $430,000 |
As of January 2026, there are 2 active listings in PENASCO, NM (zip code 87553), compared to 2 the prior year.
The median listing price in PENASCO, NM 87553 is $449,000 as of January 2026, a 180.6% increase from $160,000 the prior year.
Homes in PENASCO, NM 87553 spend an average of 223 days on the market before going under contract, compared to 149 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PENASCO, NM 87553 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 223 days on market compared to 149 days last year.
With SELL123.com's maximum 3% commission, sellers in PENASCO, NM 87553 save an estimated $8,980 compared to a typical 5% commission on the median listing price of $449,000. 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.