Housing in Picacho Hills, NM

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$393,950

Median List Price

$480,000

Price Per Sq Ft

$206

Days on Market

108

Active Inventory

29

Months of Supply

7.3

Buyer's market

Price Trends

Source: Redfin
Sale Price ↓ 39.3%List Price ↓ 31.6%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

11.1%

Sold Above Asking
0.0%
Under Contract in 2 Wks
11.1%
Listings with Price Drops
31.0%

Market Activity

Source: Redfin

Homes Sold

4

New Listings

5

Pending Sales

9

Homes Sold ↓ 33.3%New Listings ↑ 25.0%Pending ↑ 800.0%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$206

Median List $/SF

$206

Sale $/SF ↓ 12.0%List $/SF ↓ 14.9%Mar 24 → Jan 26

Picacho Hills vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Picacho Hills is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$438,600

Median Rent

N/A

Total Housing Units

898

Vacancy Rate

5.8%

Owner Occupied

96.9%

Renter Occupied

3.1%

Median Property Tax

$2,855

per year

Monthly Cost (w/ Mortgage)

$770

Housing Types

Single Family
99.1%
Multi-Family
0.9%
Mobile Home
0.0%

The current median sale price in Picacho Hills, NM is $393,950 according to Redfin data. Homes spend a median of 108 days on the market. 0.0% of homes sold above asking price. The market has 7.3 months of supply. The median price per square foot is $206. About 96.9% of housing units are owner-occupied. The median year homes were built is 2005. There are 898 total housing units.