Ranchos de Taos, NM—87557
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ranchos de Taos, NM
As of Oct '25, the median home price in Ranchos de Taos, NM is $405,000, with a year-over-year change of -4.5%. This indicates that home prices in Ranchos de Taos, NM are decreasing. According to Zillow, the 1-year price projection is -1.9%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $405,000 | -4.5% |
| Single Family | $411,000 | -4.4% |
| Condos | $321,000 | -5.6% |
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 | $564,000 | 2.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ranchos de Taos, NM
Ranchos de Taos, NM lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,550 | $3,550 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $3,550 | $3,550 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ranchos de Taos, NM
As of Oct '25, Realtor.com reports that the median days on market for a home in Ranchos de Taos, NM is 108. This is a decrease of -13.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $541,000 | -13.0% |
Listing Count | 65 | 75.0% |
| Listings as % of Homes | 1.1% | 75.0% |
Days on Market | 108 | -13.0% |
Demographics — Ranchos de Taos, NM
As of the latest ACS Survey released in 2023, Ranchos de Taos, NM has a population of 4,510, which has decreased by -29.5% over the past 5 years. Ranchos de Taos, NM is a popular place for families, as children make up 29.0% of the population. The area has a moderately educated workforce, with 42.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,510 | -29.5% |
% Under 18 | 29.0% | 50.3% |
% Seniors | 26.2% | 20.2% |
% WFH | 10.6% | -37.6% |
% w/ College Degree | 42.8% | 35.4% |
As of the latest ACS Survey released in 2023, Ranchos de Taos, NM is a predominantly hispanic area, with 63.9% of the population identifying as hispanic. The hispanic population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Ranchos de Taos, NM is white, making up 26.8% of the population. Foreign-born residents account for 7.7% of the population in Ranchos de Taos, NM, and this percentage has decreased by 7.2% 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 | 26.8% | -16.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 63.9% | -4.2% |
% Asian | 0.0% | N/A |
% Foreign Born | 7.7% | -7.2% |
Mortgage and Risk — Ranchos de Taos, NM
According to HUD data as of 2023, there were 88 mortgage originations in Ranchos de Taos, NM, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Ranchos de Taos, NM. Investor activity is low, as 3.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 88 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 3.0% |
% Second Loans | 10.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Ranchos de Taos, NM
Ranchos de Taos, NM lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 53 |
Total Units Section 8 | 53 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 69.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,080 |
| 2 Bedroom | -$2,310 | $3,550 | $1,240 |
| 3 Bedroom | N/A | N/A | $1,590 |
| 4 Bedroom | N/A | N/A | $2,080 |
Affordability — Ranchos de Taos, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.3 |
| Median Home Price | $405,000 |
| Median Household Income | $57,000 |