Las Palomas, NM

Full City Profile · New Mexico · Sierra County County

4.8 /5.0
A+ Excellent
332 Population 208/sq mi density
$104,200 Home Value $164,031 Zillow
63°F Avg Temperature
A+
Overall
4.8 / 5.0
Strong
A+
Education
4.8 / 5.0
0.0% bachelor's degree or higher

Housing Overview

Median Home Value
$104,200
63% below
US avg: $281,900
Homeownership Rate
80.7%
23% above US avg (65.4%)
Total Housing Units
122
Median year built: 1995

Home Value by Source

Census Median
$104,200
Zillow (ZHVI)
$164,031
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.7%
Owner-Occupied
19.3%
Renter-Occupied
81%
19%
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

Affordability & Housing Stock

Rent Burden
29.8%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1995
Average age of housing stock: 31 years
Homeownership Rate
80.7%

Complete Housing Data

Home Values

Census Median Value$104,200
Zillow Home Value (ZHVI)$164,031

Rent

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

Market

Ownership & Stock

Owner-Occupied80.7%
Renter-Occupied19.3%
Homeownership Rate80.7%
Total Housing Units122
Median Year Built1995
Rent Burden29.8%