House Prices

House Prices & Home Values Picacho, NM 2026


Average Data

average house price$448,702
average size per house2082 ft²
average price per ft²216 $ / ft²

04/17/2026 - The value range (VR) for house prices in Picacho, NM is $268/ sqft to $268/ sqft. An average home with 2082 sqft costs approximately $557,976 to $557,976. Picacho, NM includes 1 ZIP codes and it is located in Lincoln county. The lowest prices are found in ZIP 88343, while the highest are in ZIP 88343. The average price per sqare feet is $216. Our analysis is based on 51 property listings.

Avergage prices by ZIP codes Picacho

88343261 $ / ft²




Historical development of home values in Picacho

Year Estimated value (USD) Change vs. 2025
2010 $208,385 -53.6%
2011 $200,327 -55.4%
2012 $199,788 -55.5%
2013 $207,255 -53.8%
2014 $217,561 -51.5%
2015 $228,727 -49.0%
2016 $240,663 -46.4%
2017 $253,653 -43.5%
2018 $267,676 -40.3%
2019 $280,088 -37.6%
2020 $294,567 -34.4%
2021 $335,038 -25.3%
2022 $390,580 -13.0%
2023 $411,884 -8.2%
2024 $435,712 -2.9%
2025 $448,702 0.0%

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



Example: 100% financing house in Picacho

Loan amount: $448,702

Interest rate: 6.00%

Fixed monthly payment: $2,690.20

Breakdown in the 1st month:
Interest portion: $2,243.51  –  Principal portion: $446.69

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $26,772.23 $5,510.11 $443,191.89
2 $26,432.38 $5,849.96 $437,341.92
3 $26,071.56 $6,210.78 $431,131.14
4 $25,688.50 $6,593.85 $424,537.30
5 $25,281.80 $7,000.54 $417,536.76
6 $24,850.03 $7,432.32 $410,104.44
7 $24,391.62 $7,890.73 $402,213.72
8 $23,904.93 $8,377.41 $393,836.31
9 $23,388.23 $8,894.11 $384,942.20
10 $22,839.66 $9,442.68 $375,499.52
11 $22,257.26 $10,025.08 $365,474.44
12 $21,638.94 $10,643.41 $354,831.03
13 $20,982.47 $11,299.87 $343,531.16
14 $20,285.52 $11,996.82 $331,534.34
15 $19,545.58 $12,736.76 $318,797.59
16 $18,760.01 $13,522.33 $305,275.25
17 $17,925.98 $14,356.36 $290,918.89
18 $17,040.51 $15,241.83 $275,677.06
19 $16,100.43 $16,181.91 $259,495.15
20 $15,102.36 $17,179.98 $242,315.17
21 $14,042.74 $18,239.60 $224,075.57
22 $12,917.76 $19,364.58 $204,710.99
23 $11,723.40 $20,558.94 $184,152.05
24 $10,455.37 $21,826.98 $162,325.07
25 $9,109.13 $23,173.22 $139,151.86
26 $7,679.85 $24,602.49 $114,549.37
27 $6,162.43 $26,119.92 $88,429.45
28 $4,551.41 $27,730.94 $60,698.51
29 $2,841.02 $29,441.32 $31,257.20
30 $1,025.15 $31,257.20 $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 Picacho, NM


1500 sqft3900 sqft
Ø selling price$392,041$833,977
Ø fast selling$356,400$750,579
Ø high price sale$427,681$917,374

In 2026, houses in Picacho, NM will be offered at an average price of $216 per square foot. A 1,500 sqft home priced at $392,041 is 22.33% more expensive per square foot than a 3,900 sqft home priced at $833,977. Home prices in Picacho, NM vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $577,368. Sellers who can wait longer may achieve a higher price of up to $705,672.

FAQ – Home Values in Picacho

What is the median home value in Picacho in 2026?

In 2026, the typical home value in Picacho is about $448,702 for an average home size of 2082 square feet. This corresponds to an average price of roughly $216 per square foot.

What is the average cost per square foot in Picacho?

In 2026, homes in Picacho sell for an average of around $216 per square foot, with a typical range between $268 and $268 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 Picacho is about 2082 square feet, with an estimated 2026 value around $448,702.



Locations close to Picacho, NM

Pinon, NM166 $ / ft²
Ruidoso, NM182 $ / ft²
Ruidoso Downs, NM115 $ / ft²
Orogrande, NM305 $ / ft²
Nogal, NM276 $ / ft²
Mescalero, NM308 $ / ft²
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