Rincon, NM—87940
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rincon, NM
As of Oct '25, the median home price in Rincon, NM is $255,000, with a year-over-year change of -5.7%. This indicates that home prices in Rincon, NM are decreasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $255,000 | -5.7% |
| Single Family | $255,000 | -5.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rincon, NM
Rincon, 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 |
% of Rental Stock
Property Listings — Rincon, NM
Rincon, NM lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $408,000 | N/A |
Listing Count | 1 | N/A |
| Listings as % of Homes | 0.6% | N/A |
Days on Market | 115 | N/A |
Demographics — Rincon, NM
As of the latest ACS Survey released in 2023, Rincon, NM has a population of 431, which has decreased by -55.9% over the past 5 years. Rincon, NM is a moderately popular place for families, as children make up 21.3% of the population. The area has a poorly educated workforce, with 7.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 431 | -55.9% |
% Under 18 | 21.3% | -48.9% |
% Seniors | 38.5% | ∞% |
% WFH | 31.4% | ∞% |
% w/ College Degree | 7.7% | -49.7% |
As of the latest ACS Survey released in 2023, Rincon, NM is a predominantly hispanic area, with 65.4% of the population identifying as hispanic. The hispanic population has shrunk by 20.1% in the last 5 years. The second most common race or ethnicity in Rincon, NM is white, making up 34.6% of the population. Foreign-born residents account for 11.4% of the population in Rincon, NM, and this percentage has decreased by 9.5% 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 | 34.6% | 91.2% |
% Black | 0.0% | N/A |
% Hispanic | 65.4% | -20.1% |
% Asian | 0.0% | N/A |
% Foreign Born | 11.4% | -9.5% |
Mortgage and Risk — Rincon, NM
Rincon, NM lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Rincon, NM
Rincon, NM lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $940 |
| 2 Bedroom | N/A | N/A | $1,040 |
| 3 Bedroom | N/A | N/A | $1,450 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Rincon, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $255,000 |
| Median Household Income | $55,300 |