Jal, NM—88252
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Jal, NM
As of Oct '25, the median home price in Jal, NM is $125,000, with a year-over-year change of -8.9%. This indicates that home prices in Jal, NM are decreasing. According to Zillow, the 1-year price projection is -12.9%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $125,000 | -8.9% |
| Single Family | $125,000 | -10.7% |
| 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 — Jal, NM
Jal, 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 — Jal, NM
As of Oct '25, Realtor.com reports that the median days on market for a home in Jal, NM is 30. This is a increase of 14.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $96,000 | -8.0% |
Listing Count | 2 | -67.0% |
| Listings as % of Homes | 0.2% | -67.0% |
Days on Market | 30 | 14.0% |
Demographics — Jal, NM
As of the latest ACS Survey released in 2023, Jal, NM has a population of 2,070, which has decreased by -2.2% over the past 5 years. Jal, NM is a moderately popular place for families, as children make up 23.7% of the population. The area has a poorly educated workforce, with 19.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,070 | -2.2% |
% Under 18 | 23.7% | -6.3% |
% Seniors | 14.3% | -16.9% |
% WFH | 4.9% | -9.3% |
% w/ College Degree | 19.0% | 196.9% |
As of the latest ACS Survey released in 2023, Jal, NM is a predominantly hispanic area, with 58.5% of the population identifying as hispanic. The hispanic population has shrunk by 5.0% in the last 5 years. The second most common race or ethnicity in Jal, NM is white, making up 39.4% of the population. Foreign-born residents account for 16.8% of the population in Jal, NM, and this percentage has decreased by 24.0% 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 | 39.4% | 5.3% |
% Black | 2.2% | ∞% |
% Hispanic | 58.5% | -5.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 16.8% | -24.0% |
Mortgage and Risk — Jal, NM
According to HUD data as of 2023, there were 14 mortgage originations in Jal, NM, of which 36.0% of loans were conventional mortgages. The average loan-to-value was 94.0%, with 64.0% above 90% LTV (very high). This implies large mortgage risk in Jal, NM. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 14 |
% Conventional Loans | 36.0% |
% Government Loans | 64.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Jal, NM
Jal, 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 | $880 |
| 2 Bedroom | N/A | N/A | $1,060 |
| 3 Bedroom | N/A | N/A | $1,380 |
| 4 Bedroom | N/A | N/A | $1,490 |
Affordability — Jal, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $125,000 |
| Median Household Income | $60,700 |