House Prices

House Prices & Home Values Watrous, NM 2026


Average Data

average house price$463,680
average size per house4058 ft²
average price per ft²115 $ / ft²

06/26/2026 - The value range (VR) for house prices in Watrous, NM is $105/ sqft to $105/ sqft. An average home with 4058 sqft costs approximately $426,090 to $426,090. Watrous, NM includes 1 ZIP codes and it is located in Mora county. The lowest prices are found in ZIP 87753, while the highest are in ZIP 87753. The average price per sqare feet is $115. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Watrous

87753116 $ / ft²




Historical development of home values in Watrous

Year Estimated value (USD) Change vs. 2025
2010 $215,341 -53.6%
2011 $207,014 -55.4%
2012 $206,457 -55.5%
2013 $214,174 -53.8%
2014 $224,823 -51.5%
2015 $236,362 -49.0%
2016 $248,697 -46.4%
2017 $262,120 -43.5%
2018 $276,612 -40.3%
2019 $289,438 -37.6%
2020 $304,400 -34.4%
2021 $346,222 -25.3%
2022 $403,617 -13.0%
2023 $425,633 -8.2%
2024 $450,257 -2.9%
2025 $463,680 0.0%

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



Example: 100% financing house in Watrous

Loan amount: $463,680

Interest rate: 6.00%

Fixed monthly payment: $2,780.00

Breakdown in the 1st month:
Interest portion: $2,318.40  –  Principal portion: $461.60

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $27,665.91 $5,694.04 $457,985.96
2 $27,314.71 $6,045.24 $451,940.71
3 $26,941.85 $6,418.10 $445,522.62
4 $26,546.00 $6,813.95 $438,708.66
5 $26,125.73 $7,234.22 $431,474.44
6 $25,679.54 $7,680.41 $423,794.03
7 $25,205.83 $8,154.12 $415,639.90
8 $24,702.90 $8,657.05 $406,982.85
9 $24,168.95 $9,191.00 $397,791.85
10 $23,602.07 $9,757.88 $388,033.97
11 $23,000.22 $10,359.73 $377,674.24
12 $22,361.26 $10,998.69 $366,675.55
13 $21,682.88 $11,677.07 $354,998.48
14 $20,962.67 $12,397.28 $342,601.20
15 $20,198.03 $13,161.92 $329,439.28
16 $19,386.23 $13,973.72 $315,465.56
17 $18,524.36 $14,835.59 $300,629.98
18 $17,609.34 $15,750.61 $284,879.36
19 $16,637.87 $16,722.08 $268,157.29
20 $15,606.49 $17,753.46 $250,403.83
21 $14,511.50 $18,848.45 $231,555.38
22 $13,348.97 $20,010.98 $211,544.39
23 $12,114.73 $21,245.22 $190,299.18
24 $10,804.37 $22,555.58 $167,743.60
25 $9,413.20 $23,946.75 $143,796.85
26 $7,936.21 $25,423.74 $118,373.11
27 $6,368.13 $26,991.82 $91,381.29
28 $4,703.34 $28,656.61 $62,724.68
29 $2,935.86 $30,424.09 $32,300.58
30 $1,059.37 $32,300.58 $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 Watrous, NM


1500 sqft3900 sqft
Ø selling price$208,726$444,016
Ø fast selling$189,751$399,614
Ø high price sale$227,701$488,417

In 2026, houses in Watrous, NM will be offered at an average price of $115 per square foot. A 1,500 sqft home priced at $208,726 is 25.21% more expensive per square foot than a 3,900 sqft home priced at $444,016. Home prices in Watrous, NM vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $307,395. Sellers who can wait longer may achieve a higher price of up to $375,706.


Watrous, New Mexico Travel Guide

Watrous, New Mexico is a small, historic community in Mora County along Interstate 25 in northern New Mexico.
Known historically as La Junta, the area sits near the junction of the Mora and Sapello rivers and served travelers on the Santa Fe Trail.
Today, Watrous offers wide-open views of high plains grasslands, working ranches, and big New Mexico skies.

History and Heritage

The nearby Fort Union National Monument tells the story of military protection for trail commerce and regional settlement.
Visitors can explore wagon ruts, adobe ruins, and interpretive exhibits that bring 19th-century frontier life into focus.

Nature and Things to Do

For outdoor enthusiasts, top things to do in Watrous, NM include birdwatching along riparian corridors, scenic drives on NM 161, and photography of dramatic mesas and grasslands.
The Canadian River basin via the Mora River and nearby public lands provide opportunities for hiking, wildlife viewing, and star-filled night skies with minimal light pollution.

Visitor Info and Lifestyle

Watrous is a quiet base near Las Vegas, NM, with easy access to I-25 and essential services located in nearby towns.
Real estate in the area often features acreage, river-valley surroundings, and classic Northern New Mexico ranch properties.
Whether you come for history, open landscapes, or a peaceful rural lifestyle, Watrous, New Mexico rewards visitors with authenticity and space to breathe.



FAQ – Home Values in Watrous

What is the median home value in Watrous in 2026?

In 2026, the typical home value in Watrous is about $463,680 for an average home size of 4058 square feet. This corresponds to an average price of roughly $115 per square foot.

What is the average cost per square foot in Watrous?

In 2026, homes in Watrous sell for an average of around $115 per square foot, with a typical range between $105 and $105 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 Watrous is about 4058 square feet, with an estimated 2026 value around $463,680.



Locations close to Watrous, NM

Socorro, NM226 $ / ft²
Aragon, NM248 $ / ft²
Datil, NM234 $ / ft²
Wagon Mound, NM673 $ / ft²
Valmora, NM656 $ / ft²
Ute Park, NM162 $ / ft²
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