House Prices

House Prices & Home Values Reserve, NM 2026


Average Data

average house price$347,150
average size per house2157 ft²
average price per ft²161 $ / ft²

06/26/2026 - The value range (VR) for house prices in Reserve, NM is $147/ sqft to $147/ sqft. An average home with 2157 sqft costs approximately $317,079 to $317,079. Reserve, NM includes 1 ZIP codes and it is located in Catron county. The lowest prices are found in ZIP 87830, while the highest are in ZIP 87830. The average price per sqare feet is $161. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Reserve

87830150 $ / ft²




Historical development of home values in Reserve

Year Estimated value (USD) Change vs. 2025
2010 $161,223 -53.6%
2011 $154,988 -55.4%
2012 $154,571 -55.5%
2013 $160,348 -53.8%
2014 $168,322 -51.5%
2015 $176,961 -49.0%
2016 $186,196 -46.4%
2017 $196,245 -43.5%
2018 $207,095 -40.3%
2019 $216,697 -37.6%
2020 $227,900 -34.4%
2021 $259,211 -25.3%
2022 $302,182 -13.0%
2023 $318,665 -8.2%
2024 $337,100 -2.9%
2025 $347,150 0.0%

Graph: estimated home values in Reserve over time (USD)



Example: 100% financing house in Reserve

Loan amount: $347,150

Interest rate: 6.00%

Fixed monthly payment: $2,081.34

Breakdown in the 1st month:
Interest portion: $1,735.75  –  Principal portion: $345.59

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $20,713.03 $4,263.04 $342,886.96
2 $20,450.10 $4,525.98 $338,360.98
3 $20,170.95 $4,805.13 $333,555.85
4 $19,874.58 $5,101.50 $328,454.35
5 $19,559.93 $5,416.15 $323,038.20
6 $19,225.87 $5,750.21 $317,287.99
7 $18,871.21 $6,104.87 $311,183.13
8 $18,494.68 $6,481.40 $304,701.73
9 $18,094.92 $6,881.16 $297,820.57
10 $17,670.50 $7,305.57 $290,514.99
11 $17,219.91 $7,756.17 $282,758.83
12 $16,741.53 $8,234.55 $274,524.28
13 $16,233.64 $8,742.44 $265,781.84
14 $15,694.42 $9,281.65 $256,500.19
15 $15,121.95 $9,854.12 $246,646.06
16 $14,514.17 $10,461.91 $236,184.16
17 $13,868.90 $11,107.17 $225,076.98
18 $13,183.84 $11,792.24 $213,284.75
19 $12,456.52 $12,519.56 $200,765.19
20 $11,684.34 $13,291.74 $187,473.45
21 $10,864.53 $14,111.54 $173,361.91
22 $9,994.16 $14,981.91 $158,379.99
23 $9,070.11 $15,905.96 $142,474.03
24 $8,089.07 $16,887.01 $125,587.02
25 $7,047.51 $17,928.56 $107,658.46
26 $5,941.72 $19,034.36 $88,624.10
27 $4,767.72 $20,208.35 $68,415.75
28 $3,521.31 $21,454.76 $46,960.99
29 $2,198.03 $22,778.04 $24,182.94
30 $793.13 $24,182.94 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Reserve, NM


1500 sqft3900 sqft
Ø selling price$292,215$621,621
Ø fast selling$265,650$559,459
Ø high price sale$318,780$683,784

In 2026, houses in Reserve, NM will be offered at an average price of $161 per square foot. A 1,500 sqft home priced at $292,215 is 23.46% more expensive per square foot than a 3,900 sqft home priced at $621,621. Home prices in Reserve, NM vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $430,354. Sellers who can wait longer may achieve a higher price of up to $525,988.


Discover Reserve, NM

Overview

Reserve, NM is a quiet county-seat village in Catron County surrounded by the rugged Gila National Forest.
Travelers come for uncrowded skies, high-desert mountain scenery, and authentic Old West history.

History & Climate

Formerly known as Frisco, the town is famous for the 1884 Elfego Baca shootout, and later took its name from the nearby forest reserve.
Elevation around 5,700 feet brings four distinct seasons with cool nights ideal for stargazing.

Outdoor Recreation

Outdoor enthusiasts base here to hike, fish the San Francisco River, and pursue elk and deer hunting in surrounding public lands.
Nearby highlights include the Gila Wilderness, the Catwalk Recreation Area by Glenwood, and the Cosmic Campground International Dark Sky Sanctuary.

Local Culture & Amenities

In town you?ll find small cafes, fuel, a few lodgings and RV sites, plus supplies for backcountry trips.
Local events and ranching traditions showcase a resilient frontier culture that still defines daily life.

Getting There & Tips

Reserve sits along US Highway 180 with connections via NM-12 to US 60, making it a practical gateway between Silver City, Springerville, and Socorro.
Plan for limited cell service, pack layers for rapid weather changes, and enjoy dark skies, wildlife, and quiet roads that make Reserve, New Mexico a standout Southwest escape.



FAQ – Home Values in Reserve

What is the median home value in Reserve in 2026?

In 2026, the typical home value in Reserve is about $347,150 for an average home size of 2157 square feet. This corresponds to an average price of roughly $161 per square foot.

What is the average cost per square foot in Reserve?

In 2026, homes in Reserve sell for an average of around $161 per square foot, with a typical range between $147 and $147 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Reserve is about 2157 square feet, with an estimated 2026 value around $347,150.



Locations close to Reserve, NM

San Acacia, NM121 $ / ft²
San Antonio, NM102 $ / ft²
Truth Or Consequences, NM110 $ / ft²
Quemado, NM288 $ / ft²
Polvadera, NM214 $ / ft²
Pie Town, NM170 $ / ft²
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