Aztec, NM—87410
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Aztec, NM
Home Price Trends — Aztec, NM
As of Oct '25, the median home price in Aztec, NM is $255,000, with a year-over-year change of -0.3%. This indicates that home prices in Aztec, NM are flat. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $255,000 | -0.3% |
| Single Family | $256,000 | 0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $214,000 | 3.4% |
3 Bed | $296,000 | 2.4% |
4 Bed | $352,000 | 2.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Aztec, NM
As of July '25, Rentcast reports the average rent in Aztec, NM is $1,280, with a year-over-year rent change of -2.3%. Per bedroom, the median rent as of July '25 in Aztec, NM is studios: $850, 1-bedrooms: $1,320, 2-bedrooms: $962, 3-bedrooms: $1,530. The most common rental property sizes in Aztec, NM are 2-bedroom and 3-bedroom, accounting for 32.4% and 29.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,280 |
| Studio Rent | $850 | $850 |
| 1 Bed Rent | $1,500 | $1,320 |
| 2 Bed Rent | $900 | $962 |
| 3 Bed Rent | $1,600 | $1,530 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Aztec, NM
As of Oct '25, Realtor.com reports that the median days on market for a home in Aztec, NM is 51. This is a decrease of -31.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $496,000 | 21.0% |
Listing Count | 52 | 13.0% |
| Listings as % of Homes | 0.5% | 13.0% |
Days on Market | 51 | -31.0% |
Demographics — Aztec, NM
As of the latest ACS Survey released in 2023, Aztec, NM has a population of 14,400, which has decreased by -16.9% over the past 5 years. Aztec, NM is a moderately popular place for families, as children make up 21.9% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,400 | -16.9% |
% Under 18 | 21.9% | -11.7% |
% Seniors | 19.2% | 19.3% |
% WFH | 9.8% | 237.9% |
% w/ College Degree | 16.9% | 15.0% |
As of the latest ACS Survey released in 2023, Aztec, NM is a predominantly white area, with 62.6% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Aztec, NM is hispanic, making up 20.1% of the population. Foreign-born residents account for 3.0% of the population in Aztec, NM, and this percentage has increased by 36.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 62.6% | -4.0% |
% Black | 2.0% | 1,900.0% |
% Hispanic | 20.1% | -9.0% |
% Asian | 0.4% | -66.7% |
% Foreign Born | 3.0% | 36.4% |
Mortgage and Risk — Aztec, NM
According to HUD data as of 2023, there were 208 mortgage originations in Aztec, NM, of which 55.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Aztec, NM. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 208 |
% Conventional Loans | 55.0% |
% Government Loans | 45.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Aztec, NM
Aztec, NM lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 25 |
Total Units Section 8 | 25 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | 69.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$670 | $1,500 | $830 |
| 2 Bedroom | $100 | $900 | $1,000 |
| 3 Bedroom | -$200 | $1,600 | $1,400 |
| 4 Bedroom | N/A | N/A | $1,520 |
Affordability — Aztec, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $255,000 |
| Median Household Income | $51,300 |