Carrizozo, NM—88301
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Carrizozo, NM
Home Price Trends — Carrizozo, NM
Carrizozo, NM lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $136,000 | -16.7% |
| Single Family | $136,000 | -17.6% |
| 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 — Carrizozo, NM
Carrizozo, 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 — Carrizozo, NM
As of Oct '25, Realtor.com reports that the median days on market for a home in Carrizozo, NM is 101. This is a decrease of -9.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $230,000 | -6.0% |
Listing Count | 11 | 21.0% |
| Listings as % of Homes | 0.8% | 21.0% |
Days on Market | 101 | -9.0% |
Demographics — Carrizozo, NM
As of the latest ACS Survey released in 2023, Carrizozo, NM has a population of 1,270, which has increased by 7.1% over the past 5 years. Carrizozo, NM is a less popular place for families, as children make up 6.0% of the population. The area has a poorly educated workforce, with 17.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,270 | 7.1% |
% Under 18 | 6.0% | -71.2% |
% Seniors | 33.6% | 57.7% |
% WFH | 11.8% | 6.3% |
% w/ College Degree | 17.7% | 1.7% |
As of the latest ACS Survey released in 2023, Carrizozo, NM is a predominantly hispanic area, with 55.5% of the population identifying as hispanic. The hispanic population has grown by 72.4% in the last 5 years. The second most common race or ethnicity in Carrizozo, NM is white, making up 32.1% of the population. Foreign-born residents account for 2.9% of the population in Carrizozo, NM, and this percentage has increased by 16.0% 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 | 32.1% | -35.3% |
% Black | 0.4% | 33.3% |
% Hispanic | 55.5% | 72.4% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.9% | 16.0% |
Mortgage and Risk — Carrizozo, NM
According to HUD data as of 2023, there were 18 mortgage originations in Carrizozo, NM, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Carrizozo, NM. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 18 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 0.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Carrizozo, NM
Carrizozo, NM lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 22 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $910 |
| 2 Bedroom | N/A | N/A | $1,100 |
| 3 Bedroom | N/A | N/A | $1,550 |
| 4 Bedroom | N/A | N/A | $1,860 |
Affordability — Carrizozo, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | $136,000 |
| Median Household Income | $40,300 |