Kenna, NM 88116 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Kenna, NM—88116

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$120,000

N/A

Household Income

$51,400

11.2% YoY Growth

Days on Market

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 — Kenna, NM

Kenna, 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 — Kenna, NM

Kenna, 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

2 Bedrooms

27.9%

3 Bedrooms

72.1%

Property Listings — Kenna, NM

Kenna, NM lacks sufficient listing trend data for analysis.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$120,000	-4.0%
Listing Count	1	-25.0%
Listings as % of Homes	N/A	-25.0%
Days on Market	N/A	N/A

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Demographics — Kenna, NM

As of the latest ACS Survey released in 2023, Kenna, NM has a population of 394, which has decreased by -12.4% over the past 5 years. Kenna, NM is a moderately popular place for families, as children make up 21.1% of the population. The area has a moderately educated workforce, with 27.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	394	-12.4%
% Under 18	21.1%	-22.1%
% Seniors	29.2%	10.6%
% WFH	7.2%	-23.4%
% w/ College Degree	27.9%	-1.8%

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As of the latest ACS Survey released in 2023, Kenna, NM is a predominantly white area, with 78.2% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Kenna, NM is hispanic, making up 21.3% of the population. Foreign-born residents account for 8.4% of the population in Kenna, NM, and this percentage has increased by 25.4% 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	78.2%	-3.8%
% Black	0.0%	N/A
% Hispanic	21.3%	36.5%
% Asian	0.0%	N/A
% Foreign Born	8.4%	25.4%

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Mortgage and Risk — Kenna, NM

Kenna, 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

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Rentals and Section 8 — Kenna, NM

Kenna, 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	$710
2 Bedroom	N/A	N/A	$930
3 Bedroom	N/A	N/A	$1,300
4 Bedroom	N/A	N/A	$1,540

Kenna, NM—88116

Key Metrics at a Glance

Home Price Trends — Kenna, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Kenna, NM

% of Rental Stock

Property Listings — Kenna, NM

Demographics — Kenna, NM

Race and Ethnicity

Mortgage and Risk — Kenna, NM

Mortgages

Rentals and Section 8 — Kenna, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Kenna, NM

Home Price to Income Ratio

Kenna, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Floyd, NM

Portales, NM

Inez, NM

Melrose, NM

Roswell, NM

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	N/A
Median Household Income	$51,400

Kenna, NM—88116

Key Metrics at a Glance

Home Price Trends — Kenna, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Kenna, NM

% of Rental Stock

Property Listings — Kenna, NM

Demographics — Kenna, NM

Race and Ethnicity

Mortgage and Risk — Kenna, NM

Mortgages

Rentals and Section 8 — Kenna, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Kenna, NM

Home Price to Income Ratio

Kenna, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Floyd, NM

Portales, NM

Inez, NM

Melrose, NM

Roswell, NM

Frequently Asked Questions

What is the average home price in Kenna, NM 88116?

How have home prices in Kenna, NM 88116 changed over the past year?

What is the home price projection for Kenna, NM 88116?

What are the demographics of Kenna, NM 88116?

How long does it take homes to sell in Kenna, NM 88116?

What is the average rent price in Kenna, NM 88116?