Pierce Canyon Crossing, NM88256

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$850,000
N/A
Median Household Income
$60,100
53.5% 5-Year Growth
Days on Market
163
718.0% 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 — Pierce Canyon Crossing, NM

As of Oct '25, Realtor.com reports that the median days on market for a home in Pierce Canyon Crossing, NM is 163. This is a increase of 718.0% 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
$850,000120.0%
Listing Count
250.0%
Listings as % of HomesN/A50.0%
Days on Market
163718.0%
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Demographics — Pierce Canyon Crossing, NM

As of the latest ACS Survey released in 2023, Pierce Canyon Crossing, NM has a population of 1,810, which has increased by 7.1% over the past 5 years. Pierce Canyon Crossing, NM is a popular place for families, as children make up 31.0% of the population. The area has a poorly educated workforce, with 7.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,8107.1%
% Under 18
31.0%56.6%
% Seniors
15.3%-10.0%
% WFH
1.5%-46.4%
% w/ College Degree
7.4%-8.6%
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As of the latest ACS Survey released in 2023, Pierce Canyon Crossing, NM is a predominantly hispanic area, with 78.9% of the population identifying as hispanic. The hispanic population has grown by 32.6% in the last 5 years. The second most common race or ethnicity in Pierce Canyon Crossing, NM is white, making up 21.1% of the population. Foreign-born residents account for 7.8% of the population in Pierce Canyon Crossing, NM, and this percentage has decreased by 36.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
21.1%-36.3%
% Black
0.0%N/A
% Hispanic
78.9%32.6%
% Asian
0.0%N/A
% Foreign Born
7.8%-36.6%
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Mortgage and Risk — Pierce Canyon Crossing, NM

According to HUD data as of 2023, there were 11 mortgage originations in Pierce Canyon Crossing, NM, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 96.0%, with 91.0% above 90% LTV (very high). This implies large mortgage risk in Pierce Canyon Crossing, NM. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
11
% Conventional Loans
64.0%
% Government Loans
36.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
0.0%

Loan Activity

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Rentals and Section 8 — Pierce Canyon Crossing, NM

Pierce Canyon Crossing, 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$920
2 BedroomN/AN/A$1,020
3 BedroomN/AN/A$1,380
4 BedroomN/AN/A$1,490

Affordability — Pierce Canyon Crossing, NM

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$60,100

Pierce Canyon Crossing, NM — ZIP Code Boundary Map

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Frequently Asked Questions