Taos, NM 87571 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Taos, NM—87571

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$448,000

0.7% YoY Growth

Household Income

$55,800

59.5% YoY Growth

Days on Market

4.0% Shorter YoY

Home Price Forecast

-2.8%

Median Rent

$2,550

81.8% YoY Growth

1-Bed Rent

$633

35.1% YoY Growth

2-Bed Rent

$3,000

37.5% YoY Growth

3-Bed Rent

$2,550

N/A

Other Zip Codes in Taos, NM

87529

Home Price Trends — Taos, NM

As of May '26, the median home price in Taos, NM is $448,000, with a year-over-year change of -0.7%. This indicates that home prices in Taos, NM are flat. According to Zillow, the 1-year price projection is -2.8%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$448,000	-0.7%
Single Family	$460,000	0.0%
Condos	$371,000	-5.6%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Taos, NM

As of July '25, Rentcast reports the average rent in Taos, NM is $2,400, with a year-over-year rent change of 81.8%. Per bedroom, the median rent as of July '25 in Taos, NM is 1-bedrooms: $633, 2-bedrooms: $2,750, 3-bedrooms: $2,550, 4-bedrooms: $2,950. The most common rental property sizes in Taos, NM are 1-bedroom and 3-bedroom, accounting for 31.5% and 29.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,550	$2,400
Studio Rent	N/A	N/A
1 Bed Rent	$633	$633
2 Bed Rent	$3,000	$2,750
3 Bed Rent	$2,550	$2,550
4 Bed Rent	$2,950	$2,950

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% of Rental Stock

Studio

6.7%

1 Bedroom

31.5%

2 Bedrooms

27.7%

3 Bedrooms

29.5%

4 Bedrooms

3.4%

5+ Bedrooms

1.2%

Property Listings — Taos, NM

As of May '26, Realtor.com reports that the median days on market for a home in Taos, NM is 72. This is a decrease of -4.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$594,000	-16.0%
Listing Count	124	31.0%
Listings as % of Homes	1.0%	31.0%
Days on Market	72	-4.0%

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Demographics — Taos, NM

As of the latest ACS Survey released in 2023, Taos, NM has a population of 12,500, which has increased by 3.4% over the past 5 years. Taos, NM is a less popular place for families, as children make up 13.4% of the population. The area has a moderately educated workforce, with 43.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	12,500	3.4%
% Under 18	13.4%	-34.3%
% Seniors	31.6%	43.0%
% WFH	15.6%	62.5%
% w/ College Degree	43.8%	59.9%

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As of the latest ACS Survey released in 2023, Taos, NM is a predominantly white area, with 46.6% of the population identifying as white. The white population has grown by 37.5% in the last 5 years. The second most common race or ethnicity in Taos, NM is hispanic, making up 40.5% of the population. Foreign-born residents account for 9.3% of the population in Taos, NM, and this percentage has increased by 38.8% 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	46.6%	37.5%
% Black	0.2%	-81.8%
% Hispanic	40.5%	-17.8%
% Asian	1.5%	275.0%
% Foreign Born	9.3%	38.8%

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Mortgage and Risk — Taos, NM

According to HUD data as of 2023, there were 88 mortgage originations in Taos, NM, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Taos, NM. Investor activity is low, as 6.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	88
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	6.0%
% Second Loans	12.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Taos, NM

Taos, NM lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	434
Total Units Section 8	303
% Rentals under Section 8	N/A
% Occupied Section 8	69.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$247	$633	$880
2 Bedroom	-$1,990	$3,000	$1,010
3 Bedroom	-$1,260	$2,550	$1,290
4 Bedroom	-$1,250	$2,950	$1,700

Taos, NM—87571

Key Metrics at a Glance

Other Zip Codes in Taos, NM

Home Price Trends — Taos, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Taos, NM

% of Rental Stock

Property Listings — Taos, NM

Demographics — Taos, NM

Race and Ethnicity

Mortgage and Risk — Taos, NM

Mortgages

Rentals and Section 8 — Taos, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Taos, NM

Home Price to Income Ratio

Taos, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Valdez

Valdez, NM

Taos, NM

Ranchos de Taos, NM

San Cristobal

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	9.4
Median Home Price	$448,000
Median Household Income	$55,800

Taos, NM—87571

Key Metrics at a Glance

Other Zip Codes in Taos, NM

Home Price Trends — Taos, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Taos, NM

% of Rental Stock

Property Listings — Taos, NM

Demographics — Taos, NM

Race and Ethnicity

Mortgage and Risk — Taos, NM

Mortgages

Rentals and Section 8 — Taos, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Taos, NM

Home Price to Income Ratio

Taos, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Valdez

Valdez, NM

Taos, NM

Ranchos de Taos, NM

San Cristobal

Frequently Asked Questions

What is the average home price in Taos, NM 87571?

How have home prices in Taos, NM 87571 changed over the past year?

What is the home price projection for Taos, NM 87571?

What are the demographics of Taos, NM 87571?

How long does it take homes to sell in Taos, NM 87571?

What is the average rent price in Taos, NM 87571?