Progresso, NM87063

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$280,000
N/A
Median Household Income
$72,900
188.5% 5-Year Growth
Days on Market
69
45.0% Longer than last year
Home Price Forecast
N/A
Median 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

Property Listings — Progresso, NM

As of Oct '25, Realtor.com reports that the median days on market for a home in Progresso, NM is 69. This is a increase of 45.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$280,000116.0%
Listing Count
1-33.0%
Listings as % of HomesN/A-33.0%
Days on Market
6945.0%
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Demographics — Progresso, NM

As of the latest ACS Survey released in 2023, Progresso, NM has a population of 262, which has increased by 9.2% over the past 5 years. Progresso, NM is a popular place for families, as children make up 29.0% of the population. The area has a moderately educated workforce, with 34.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
2629.2%
% Under 18
29.0%10.7%
% Seniors
18.7%59.8%
% WFH
12.8%-79.7%
% w/ College Degree
34.1%424.6%
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As of the latest ACS Survey released in 2023, Progresso, NM is a predominantly hispanic area, with 84.7% of the population identifying as hispanic. The hispanic population has grown by 15.6% in the last 5 years. The second most common race or ethnicity in Progresso, NM is white, making up 9.9% of the population. Foreign-born residents account for 0.0% of the population in Progresso, NM, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
9.9%-62.9%
% Black
0.0%N/A
% Hispanic
84.7%15.6%
% Asian
0.0%N/A
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Progresso, NM

Progresso, NM lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip 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

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Rentals and Section 8 — Progresso, NM

Progresso, 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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$910
2 BedroomN/AN/A$1,100
3 BedroomN/AN/A$1,550
4 BedroomN/AN/A$1,860

Affordability — Progresso, NM

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$72,900

Progresso, NM — ZIP Code Boundary Map

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Frequently Asked Questions