Boles Acres, NM88311

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
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Median Household Income
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Days on Market
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Home Price Forecast
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Median Rent
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1-Bed Rent
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2-Bed Rent
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3-Bed Rent
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Property Listings — Boles Acres, NM

As of Aug '25 and according to Realtor.com, the median days on market for a home in Boles Acres, NM is NA. This is an insufficient data of NA from last year. This indicates that homes are sitting on the market insufficient data to determine a trend than last year. The percentage of listed homes with a reduced price is NA. This is an unknown percentage of inventory, suggesting unknown supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of HomesN/AN/A
Days on Market
N/AN/A
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Demographics — Boles Acres, NM

MetricLatest CensusYoY % Change
Population
696-44.7%
% Under 18
1.1%-94.4%
% Under 5N/AN/A
% Seniors
22.3%-2.6%
% WFH
25.2%∞%
% w/ College Degree
5.0%-48.5%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
81.0%19.5%
% Black
1.4%250.0%
% Hispanic
1.4%-91.9%
% Asian
2.4%-58.6%
% Foreign Born
3.9%-45.1%
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Mortgage and Risk — Boles Acres, NM

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Boles Acres, NM in that year was NA. NA of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was NA. Of those, NA were >90% loan to value. This is considered unknown, suggesting that mortgage risk is unknown in Boles Acres, NM. Investor activity in Boles Acres, NM is unknown, as NA of all loans are originated by investors. In 2023, NA of all loans were cash-out refinances, suggesting unknown homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
N/AN/AN/A
% Conventional Loans
N/AN/AN/A
% Government Loans
N/AN/AN/A
% Investor Loans
N/AN/AN/A
% Second Loans
N/AN/AN/A
% Cash Out Refinance
N/AN/AN/A
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Rentals and Section 8 — Boles Acres, NM

As of 2024, the percent of homes in Boles Acres, NM under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
2
Total Units Section 8
2
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$760
2 BedroomN/AN/A$930
3 BedroomN/AN/A$1,310
4 BedroomN/AN/A$1,580

Affordability — Boles Acres, NM

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income RatioN/AN/AN/A
Median Home PriceN/AN/AN/A
Median Household IncomeN/AN/AN/A

Boles Acres, NM — ZIP Code Boundary Map

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