Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$331,139+2.3% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 8% have cut their price
Income needed to buy, per year$71,784About 1.2× the local median income ($62,153): a stretch for a typical household
Days on market111 daysSlower than a year ago: buyers have time to negotiate
The typical home in Rio Arriba County, NM is worth $331,139, up 2.3% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $362,165, so the area is 8.6% undervalued. It is a balanced market, leaning toward buyers: homes take about 111 days to sell, listings are up 2% from a year ago, 8% of listings have had a price cut. A household needs about $71,784 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $62,153. In the latest IRS figures, 3 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$331,139
Change in 1 year
+2.3%
Overvalued %
−8.6%
Show 6 more
Fair home value
$362,165
Change in 5 years
+12.9%
Home value to income
5.3×
Monthly mortgage payment (20% down)
$1,795
Income needed to afford it
$71,784
Property tax rate
0.42%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
+1.8%
Days on market
111
Listings with a price cut
8.3%
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Homes for sale
115
Pending sales per 100 listings
15
Asking price per sq ft
$227
People and jobs
Median household income
$62,153
Population change (1 year)
−0.3%
Unemployment rate
4.9%
Show 4 more
Population
39,832
Income adjusted for cost of living
$72,355
Net moves in (IRS)
+3
Cost of living (US = 100)
85.9
Schools, risk and environment
School rating (1 to 10)
2.5
FEMA hazard risk score (0 to 100)
80.5
Unhealthy air days a year
0
Show 4 more
Flood risk score
88.4
Wildfire risk score
96.2
Walkability (1 to 20)
4.9
Road, rail and air noise
54 dB
Questions people ask
Is Rio Arriba County, NM overvalued?
Home prices in Rio Arriba County, NM are slightly below what local incomes have historically supported: fair value is about $362,165, so the area is 8.6% undervalued.
Is Rio Arriba County, NM a buyer's or seller's market?
Rio Arriba County, NM is a balanced market, leaning toward buyers: homes take about 111 days to sell, listings are up 2% from a year ago, 8% of listings have had a price cut.
Are home prices going down in Rio Arriba County, NM?
Home values in Rio Arriba County, NM are up 2.3% over the last year.
How much do you need to earn to buy a home in Rio Arriba County, NM?
A household needs about $71,784 a year to afford the typical home in Rio Arriba County, NM at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $62,153.