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Boles Acres, NM

Full City Profile · New Mexico · Otero County County

3.3 /5.0
B Good
1,967 Population 161/sq mi density
$65,673 Median Income $34,180 per capita
$194,500 Home Value $219,388 Zillow
63°F Avg Temperature 330 sunny days/yr
295 Violent Crime/100K 3,069 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$65,673 median income, 0.5% unemployment
A+
Affordability
5.0 / 5.0
$194,500 home value, /mo rent
F
Safety
1.0 / 5.0
295 violent crimes/100K
B
Education
3.0 / 5.0
25.4% bachelor's degree or higher

Housing Overview

Median Home Value
$194,500
31% below
US avg: $281,900
Homeownership Rate
95.2%
46% above US avg (65.4%)
Total Housing Units
1,005
Median year built: 1992

Home Value by Source

Census Median
$194,500
Zillow (ZHVI)
$219,388
Median Sale Price
$495,000
Median List Price
$130,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

95.2%
Owner-Occupied
4.8%
Renter-Occupied
95%
5%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo

Market Indicators (Redfin)

Median Days on Market
80 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
1
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$198
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
27.9%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
95.2%

Complete Housing Data

Home Values

Census Median Value$194,500
Zillow Home Value (ZHVI)$219,388
Median Sale Price$495,000
Median List Price$130,000
Price Per Sq Ft$198

Rent

FMR Studio$828
FMR 1-Bedroom$927
FMR 2-Bedroom$1,129
FMR 3-Bedroom$1,496
FMR 4-Bedroom$1,758

Market

Days on Market80
Sale-to-List Ratio0.0%
Price Drops50.0%
Homes Sold1
Active Inventory4
Price Per Sq Ft$198

Ownership & Stock

Owner-Occupied95.2%
Renter-Occupied4.8%
Homeownership Rate95.2%
Total Housing Units1,005
Median Year Built1992
Rent Burden27.9%