Gascon, NM 87732 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Gascon, NM—87732

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$795,000

N/A

Household Income

$66,100

126.6% YoY Growth

Days on Market

102

N/A

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Gascon, NM

Gascon, NM lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	N/A	N/A
Single Family	N/A	N/A
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Gascon, NM

Gascon, NM lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

18.2%

2 Bedrooms

40.9%

3 Bedrooms

40.9%

Property Listings — Gascon, NM

Gascon, NM lacks sufficient listing trend data for analysis.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$795,000	N/A
Listing Count	2	N/A
Listings as % of Homes	N/A	N/A
Days on Market	102	N/A

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Demographics — Gascon, NM

As of the latest ACS Survey released in 2023, Gascon, NM has a population of 969, which has decreased by -36.7% over the past 5 years. Gascon, NM is a moderately popular place for families, as children make up 25.0% of the population. The area has a moderately educated workforce, with 28.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	969	-36.7%
% Under 18	25.0%	55.3%
% Seniors	29.6%	45.1%
% WFH	28.6%	673.0%
% w/ College Degree	28.9%	92.7%

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As of the latest ACS Survey released in 2023, Gascon, NM is a predominantly hispanic area, with 80.7% of the population identifying as hispanic. The hispanic population has grown by 4.4% in the last 5 years. The second most common race or ethnicity in Gascon, NM is white, making up 15.6% of the population. Foreign-born residents account for 0.0% of the population in Gascon, NM, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	15.6%	17.3%
% Black	0.0%	N/A
% Hispanic	80.7%	4.4%
% Asian	0.0%	N/A
% Foreign Born	0.0%	-100.0%

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Mortgage and Risk — Gascon, NM

According to HUD data as of 2023, there were 10 mortgage originations in Gascon, NM, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Gascon, NM. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	10
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	0.0%
% Second Loans	20.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Gascon, NM

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

Section 8 Market Size

Total Units under HUD	7
Total Units Section 8	7
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$760
2 Bedroom	N/A	N/A	$930
3 Bedroom	N/A	N/A	$1,270
4 Bedroom	N/A	N/A	$1,560

Gascon, NM—87732

Key Metrics at a Glance

Home Price Trends — Gascon, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Gascon, NM

% of Rental Stock

Property Listings — Gascon, NM

Demographics — Gascon, NM

Race and Ethnicity

Mortgage and Risk — Gascon, NM

Mortgages

Rentals and Section 8 — Gascon, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Gascon, NM

Home Price to Income Ratio

Gascon, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Rociada, NM

Vallecitos, NM

Holman, NM

Sipapu, NM

Llano Largo

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	N/A
Median Household Income	$66,100

Gascon, NM—87732

Key Metrics at a Glance

Home Price Trends — Gascon, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Gascon, NM

% of Rental Stock

Property Listings — Gascon, NM

Demographics — Gascon, NM

Race and Ethnicity

Mortgage and Risk — Gascon, NM

Mortgages

Rentals and Section 8 — Gascon, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Gascon, NM

Home Price to Income Ratio

Gascon, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Rociada, NM

Vallecitos, NM

Holman, NM

Sipapu, NM

Llano Largo

Frequently Asked Questions

What is the average home price in Gascon, NM 87732?

How have home prices in Gascon, NM 87732 changed over the past year?

What is the home price projection for Gascon, NM 87732?

What are the demographics of Gascon, NM 87732?

How long does it take homes to sell in Gascon, NM 87732?

What is the average rent price in Gascon, NM 87732?