Data as of September 2026. Source: Realtor.com.
The PENASCO, NM real estate market (87553) currently shows 5 active listings. Homes are averaging 73 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 73 days on market compared to 101 days last year.
The median listing price has fallen 47.6% year-over-year, from $475,000 to $249,000.
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 September 2026, there are 5 active listings in PENASCO, NM (zip code 87553), compared to 4 the prior year.
The median listing price in PENASCO, NM 87553 is $249,000 as of September 2026, a 47.6% decrease from $475,000 the prior year.
Homes in PENASCO, NM 87553 spend an average of 73 days on the market before going under contract, compared to 101 days the prior year.
Based on current inventory and days-on-market data as of September 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 73 days on market compared to 101 days last year.
With SELL123.com's maximum 3% commission, sellers in PENASCO, NM 87553 save an estimated $4,980 compared to a typical 5% commission on the median listing price of $249,000. 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.