Housing in Reserve, NM

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

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$196,950

Reserve vs Similar Cities

Source: Census ACS / Redfin (2023)

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

Median Home Value

40th%ilemost expensive$145,800show rank

Census Housing Data

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

Median Home Value

$145,800

Median Rent

N/A

Total Housing Units

176

Vacancy Rate

51.1%

Owner Occupied

80.2%

Renter Occupied

19.8%

Median Property Tax

$577

per year

Monthly Cost (w/ Mortgage)

$413

Housing Types

Single Family

71.6%

Multi-Family

4.0%

Mobile Home

24.4%

The median home value in Reserve, NM is $145,800. According to Zillow, the home value index for Reserve is $196,950. About 80.2% of housing units are owner-occupied. The median year homes were built is 1960. There are 176 total housing units.