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Portales, NM

Full City Profile · New Mexico · Roosevelt County County

3.0 /5.0
B Good
12,023 Population 1,497/sq mi density
$51,290 Median Income $23,988 per capita
$132,900 Home Value $135,547 Zillow
$870 Median Rent 28.0% income on rent
60°F Avg Temperature 330 sunny days/yr
471 Violent Crime/100K 2,612 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$51,290 median income, 4.8% unemployment
A+
Affordability
5.0 / 5.0
$132,900 home value, $870/mo rent
F
Safety
1.0 / 5.0
471 violent crimes/100K (24% above avg)
B
Education
3.1 / 5.0
26.4% bachelor's degree or higher

Housing Overview

Median Home Value
$132,900
53% below
US avg: $281,900
Median Rent
$870/mo
25% below
US avg: $1,163/mo
Homeownership Rate
53.0%
19% below US avg (65.4%)
Total Housing Units
5,292
Median year built: 1976

Home Value by Source

Census Median
$132,900
Zillow (ZHVI)
$135,547
Median Sale Price
$155,000
Median List Price
$179,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

53.0%
Owner-Occupied
47.0%
Renter-Occupied
53%
47%
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
Census median rent: $870/mo · Zillow rent: $969/mo

Market Indicators (Redfin)

Median Days on Market
62 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
9
Price Drops
17.8%
of listings with price reduction
Price Per Sq Ft
$109
Active Inventory
45
homes for sale

Affordability & Housing Stock

Rent Burden
28.0%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
53.0%

Complete Housing Data

Home Values

Census Median Value$132,900
Zillow Home Value (ZHVI)$135,547
Median Sale Price$155,000
Median List Price$179,000
Price Per Sq Ft$109

Rent

Census Median Rent$870
Zillow Rent (ZORI)$969
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 Market62
Sale-to-List Ratio0.0%
Price Drops17.8%
Homes Sold9
Active Inventory45
Price Per Sq Ft$109

Ownership & Stock

Owner-Occupied53.0%
Renter-Occupied47.0%
Homeownership Rate53.0%
Total Housing Units5,292
Median Year Built1976
Rent Burden28.0%