What is the average home price in Tijeras, NM 87059?

As of May '26, the median home price in Tijeras, NM 87059 is $450,000, based on Zillow home estimates.

How have home prices in Tijeras, NM 87059 changed over the past year?

As of May '26, home prices have increased 3.0% over the past year, according to Zillow home estimates data.

What is the home price projection for Tijeras, NM 87059?

As of May '26, Zillow projects home prices in Tijeras, NM 87059 to increase 1.8% in the next year.

What are the demographics of Tijeras, NM 87059?

According to the latest Census, the demographics of Tijeras, NM 87059 are 64.4% White, 0.0% Black, 1.2% Asian, 27.7% Hispanic. The population is 10,000, with 18.2% under 18 years old.

How long does it take homes to sell in Tijeras, NM 87059?

According to Realtor.com, as of May '26, the median home in Tijeras, NM 87059 is on the market for 78 days. This is an increase of 17.0% from last year.

What is the average rent price in Tijeras, NM 87059?

The average rent price in Tijeras, NM 87059, as of the latest data, is $1,950. The average rent for 1 bedroom homes is $1,550. For 2, 3, and 4 bedroom homes, the average rent is $1,400, N/A, and $2,900 respectively.

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Tijeras, NM—87059

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$450,000

3.0% YoY Growth

Household Income

$89,300

18.1% YoY Growth

Days on Market

17.0% Longer YoY

Home Price Forecast

1.8%

Median Rent

$1,550

17.0% YoY Growth

1-Bed Rent

$1,550

N/A

2-Bed Rent

$1,400

30.0% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Tijeras, NM

As of May '26, the median home price in Tijeras, NM is $450,000, with a year-over-year change of 3.0%. This indicates that home prices in Tijeras, NM are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$450,000	3.0%
Single Family	$450,000	3.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Tijeras, NM

As of July '25, Rentcast reports the average rent in Tijeras, NM is $1,950, with a year-over-year rent change of -17.0%. Per bedroom, the median rent as of July '25 in Tijeras, NM is 1-bedrooms: $1,550, 2-bedrooms: $1,400, 4-bedrooms: $2,900. The most common rental property sizes in Tijeras, NM are 2-bedroom and 3-bedroom, accounting for 47.4% and 43.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,550	$1,950
Studio Rent	N/A	N/A
1 Bed Rent	$1,550	$1,550
2 Bed Rent	$1,400	$1,400
3 Bed Rent	N/A	N/A
4 Bed Rent	$2,900	$2,900

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% of Rental Stock

Studio

0.5%

1 Bedroom

3.6%

2 Bedrooms

47.4%

3 Bedrooms

43.9%

5+ Bedrooms

4.6%

Property Listings — Tijeras, NM

As of May '26, Realtor.com reports that the median days on market for a home in Tijeras, NM is 78. This is a increase of 17.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$568,000	-5.0%
Listing Count	45	19.0%
Listings as % of Homes	0.3%	19.0%
Days on Market	78	17.0%

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Demographics — Tijeras, NM

As of the latest ACS Survey released in 2023, Tijeras, NM has a population of 10,000, which has decreased by -2.7% over the past 5 years. Tijeras, NM is a moderately popular place for families, as children make up 18.2% of the population. The area has a moderately educated workforce, with 41.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	10,000	-2.7%
% Under 18	18.2%	14.5%
% Seniors	25.8%	30.3%
% WFH	17.8%	154.3%
% w/ College Degree	41.3%	-5.9%

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As of the latest ACS Survey released in 2023, Tijeras, NM is a predominantly white area, with 64.4% of the population identifying as white. The white population has shrunk by 8.4% in the last 5 years. The second most common race or ethnicity in Tijeras, NM is hispanic, making up 27.7% of the population. Foreign-born residents account for 3.7% of the population in Tijeras, NM, and this percentage has decreased by 11.9% 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	64.4%	-8.4%
% Black	0.0%	-100.0%
% Hispanic	27.7%	29.4%
% Asian	1.2%	-65.7%
% Foreign Born	3.7%	-11.9%

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Mortgage and Risk — Tijeras, NM

According to HUD data as of 2023, there were 292 mortgage originations in Tijeras, NM, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Tijeras, NM. Investor activity is low, as 1.0% 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	292
% Conventional Loans	77.0%
% Government Loans	23.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Tijeras, NM

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

Section 8 Market Size

Total Units under HUD	5
Total Units Section 8	5
% Rentals under Section 8	1.5%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$450	$1,550	$1,100
2 Bedroom	-$70	$1,400	$1,330
3 Bedroom	N/A	N/A	$1,850
4 Bedroom	-$680	$2,900	$2,220

Tijeras, NM—87059

Key Metrics at a Glance

Home Price Trends — Tijeras, NM

Cost per Home Type

Cost per Home Size

Tijeras, NM—87059

Key Metrics at a Glance

Home Price Trends — Tijeras, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Tijeras, NM

% of Rental Stock

Property Listings — Tijeras, NM

Demographics — Tijeras, NM

Race and Ethnicity

Mortgage and Risk — Tijeras, NM

Mortgages

Rentals and Section 8 — Tijeras, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Tijeras, NM

Home Price to Income Ratio

Tijeras, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Edgewood, NM

Cedar Crest, NM

Paradise Hills, Albuquerque, NM

Taylor Ranch, Albuquerque, NM

Sandia Park, NM

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.4
Median Home Price	$450,000
Median Household Income	$89,300