View in Interactive Map

Bosque Farms, NM—87068

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$422,000
7.9% YoY Growth
Household Income
$63,300
34.4% YoY Growth
Days on Market
164
54.0% Longer YoY
Home Price Forecast
3.2%
Median Rent
$1,900
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Bosque Farms, NM

As of Dec '25, the median home price in Bosque Farms, NM is $422,000, with a year-over-year change of 7.9%. This indicates that home prices in Bosque Farms, NM are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$422,0007.9%
Single Family $423,0009.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$416,0006.9%
    4 Bed
    		$484,0005.7%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    0.6%
    1 Bedroom
    1.8%
    2 Bedrooms
    12.1%
    3 Bedrooms
    68.1%
    4 Bedrooms
    12.3%
    5+ Bedrooms
    5.2%

    Rental Trends — Bosque Farms, NM

    Bosque Farms, NM lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$1,900$1,900
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent $1,900$1,900
    Loading chart...

    % of Rental Stock

    1 Bedroom
    10.3%
    2 Bedrooms
    46.2%
    3 Bedrooms
    42.1%
    4 Bedrooms
    1.5%

    Property Listings — Bosque Farms, NM

    As of Dec '25, Realtor.com reports that the median days on market for a home in Bosque Farms, NM is 117. This is a increase of 17.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$572,00020.0%
    Listing Count
    		119.0%
    Listings as % of Homes0.4%9.0%
    Days on Market
    		16454.0%
    Loading chart...

    Demographics — Bosque Farms, NM

    As of the latest ACS Survey released in 2023, Bosque Farms, NM has a population of 5,550, which has increased by 13.7% over the past 5 years. Bosque Farms, NM is a moderately popular place for families, as children make up 20.3% of the population. The area has a poorly educated workforce, with 24.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		5,55013.7%
    % Under 18
    		20.3%-17.8%
    % Seniors
    		23.1%14.9%
    % WFH
    		16.4%62.4%
    % w/ College Degree
    		24.1%5.2%
    Loading chart...

    As of the latest ACS Survey released in 2023, Bosque Farms, NM is a predominantly hispanic area, with 38.3% of the population identifying as hispanic. The hispanic population has grown by 9.4% in the last 5 years. The second most common race or ethnicity in Bosque Farms, NM is white, making up 30.1% of the population. Foreign-born residents account for 2.7% of the population in Bosque Farms, NM, and this percentage has decreased by 60.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		30.1%-26.0%
    % Black
    		0.4%100.0%
    % Hispanic
    		38.3%9.4%
    % Asian
    		0.9%-10.0%
    % Foreign Born
    		2.7%-60.3%
    Loading chart...

    Mortgage and Risk — Bosque Farms, NM

    According to HUD data as of 2023, there were 59 mortgage originations in Bosque Farms, NM, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Bosque Farms, NM. Investor activity is low, as 5.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		59
    % Conventional Loans
    		75.0%
    % Government Loans
    		25.0%
    % Investor Loans
    		5.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		19.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Bosque Farms, NM

    Bosque Farms, NM lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		6
    Total Units Section 8
    		6
    % Rentals under Section 8
    		3.1%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$990
    2 BedroomN/AN/A$1,210
    3 BedroomN/AN/A$1,700
    4 Bedroom$110$1,900$2,010

    Affordability — Bosque Farms, NM

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.6
    Median Home Price$422,000
    Median Household Income$63,300

    Bosque Farms, NM — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Isleta Village Proper

    87022

    Los Lunas, NM

    87042

    Southeast Albuquerque, Albuquerque, NM

    87105

    East Albuquerque, Albuquerque, NM

    87106

    Los Lunas, NM

    87031

    Frequently Asked Questions