View in Interactive Map

Aztec, NM—87410

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$263,000
0.2% YoY Growth
Household Income
$51,300
0.8% YoY Growth
Days on Market
111
5.0% Shorter YoY
Home Price Forecast
2.2%
Median Rent
$1,300
2.3% YoY Growth
1-Bed Rent
$1,500
13.8% YoY Growth
2-Bed Rent
$900
18.5% YoY Growth
3-Bed Rent
$1,600
11.7% YoY Growth

Other Zip Codes in Aztec, NM

87415
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Aztec, NM

As of Dec '25, the median home price in Aztec, NM is $263,000, with a year-over-year change of 0.2%. This indicates that home prices in Aztec, NM are flat. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$263,0000.2%
Single Family $263,0001.2%
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
    		$216,0004.3%
    3 Bed
    		$298,0003.1%
    4 Bed
    		$354,0002.9%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    4.7%
    1 Bedroom
    4.5%
    2 Bedrooms
    19.4%
    3 Bedrooms
    54.7%
    4 Bedrooms
    15.1%
    5+ Bedrooms
    1.6%

    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.

    TypeMedian RentAverage 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/AN/A
    Loading chart...

    % of Rental Stock

    Studio
    17.4%
    1 Bedroom
    14.9%
    2 Bedrooms
    32.4%
    3 Bedrooms
    29.6%
    4 Bedrooms
    4.8%
    5+ Bedrooms
    0.9%

    Property Listings — Aztec, NM

    As of Dec '25, Realtor.com reports that the median days on market for a home in Aztec, NM is 80. This is a decrease of -22.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$465,00032.0%
    Listing Count
    		4015.0%
    Listings as % of Homes0.5%15.0%
    Days on Market
    		111-5.0%
    Loading chart...

    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.

    MetricLatest CensusYoY % 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%
    Loading chart...

    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

    MetricLatest Census5-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%
    Loading chart...

    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

    MetricZip 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%
    Loading chart...
    Loading chart...

    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$670$1,500$830
    2 Bedroom$100$900$1,000
    3 Bedroom-$200$1,600$1,400
    4 BedroomN/AN/A$1,520

    Affordability — Aztec, NM

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.7
    Median Home Price$263,000
    Median Household Income$51,300

    Aztec, NM — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Aztec, NM

    87415

    Hesperus, CO

    81303

    Farmington, NM

    87402

    La Plata, NM

    87418

    Farmington, NM

    87401

    Frequently Asked Questions