House Prices

House Prices & Home Values Penasco, NM 2026


Average Data

average house price$237,800
average size per house1149 ft²
average price per ft²208 $ / ft²

06/25/2026 - The value range (VR) for house prices in Penasco, NM is $204/ sqft to $204/ sqft. An average home with 1149 sqft costs approximately $234,396 to $234,396. Penasco, NM includes 1 ZIP codes and it is located in Taos county. The lowest prices are found in ZIP 87553, while the highest are in ZIP 87553. The average price per sqare feet is $208. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Penasco

87553210 $ / ft²




Historical development of home values in Penasco

Year Estimated value (USD) Change vs. 2025
2010 $110,439 -53.6%
2011 $106,168 -55.4%
2012 $105,882 -55.5%
2013 $109,840 -53.8%
2014 $115,301 -51.5%
2015 $121,219 -49.0%
2016 $127,545 -46.4%
2017 $134,429 -43.5%
2018 $141,861 -40.3%
2019 $148,439 -37.6%
2020 $156,113 -34.4%
2021 $177,561 -25.3%
2022 $206,997 -13.0%
2023 $218,288 -8.2%
2024 $230,916 -2.9%
2025 $237,800 0.0%

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



Example: 100% financing house in Penasco

Loan amount: $237,800

Interest rate: 6.00%

Fixed monthly payment: $1,425.73

Breakdown in the 1st month:
Interest portion: $1,189.00  –  Principal portion: $236.73

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,188.56 $2,920.21 $234,879.79
2 $14,008.45 $3,100.32 $231,779.46
3 $13,817.23 $3,291.55 $228,487.92
4 $13,614.21 $3,494.56 $224,993.36
5 $13,398.68 $3,710.10 $221,283.26
6 $13,169.85 $3,938.93 $217,344.33
7 $12,926.90 $4,181.87 $213,162.46
8 $12,668.97 $4,439.80 $208,722.66
9 $12,395.14 $4,713.64 $204,009.02
10 $12,104.41 $5,004.37 $199,004.65
11 $11,795.75 $5,313.02 $193,691.63
12 $11,468.05 $5,640.72 $188,050.91
13 $11,120.15 $5,988.63 $182,062.28
14 $10,750.78 $6,357.99 $175,704.29
15 $10,358.63 $6,750.14 $168,954.15
16 $9,942.30 $7,166.47 $161,787.68
17 $9,500.29 $7,608.49 $154,179.19
18 $9,031.01 $8,077.76 $146,101.43
19 $8,532.79 $8,575.98 $137,525.45
20 $8,003.85 $9,104.93 $128,420.53
21 $7,442.28 $9,666.50 $118,754.03
22 $6,846.07 $10,262.71 $108,491.32
23 $6,213.09 $10,895.69 $97,595.63
24 $5,541.06 $11,567.71 $86,027.92
25 $4,827.59 $12,281.18 $73,746.74
26 $4,070.12 $13,038.66 $60,708.09
27 $3,265.92 $13,842.85 $46,865.23
28 $2,412.12 $14,696.65 $32,168.58
29 $1,505.67 $15,603.11 $16,565.47
30 $543.30 $16,565.47 $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 Penasco, NM


1500 sqft3900 sqft
Ø selling price$377,521$803,089
Ø fast selling$343,200$722,780
Ø high price sale$411,841$883,397

In 2026, houses in Penasco, NM will be offered at an average price of $208 per square foot. A 1,500 sqft home priced at $377,521 is 23.64% more expensive per square foot than a 3,900 sqft home priced at $803,089. Home prices in Penasco, NM vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $555,984. Sellers who can wait longer may achieve a higher price of up to $679,536.

FAQ – Home Values in Penasco

What is the median home value in Penasco in 2026?

In 2026, the typical home value in Penasco is about $237,800 for an average home size of 1149 square feet. This corresponds to an average price of roughly $208 per square foot.

What is the average cost per square foot in Penasco?

In 2026, homes in Penasco sell for an average of around $208 per square foot, with a typical range between $204 and $204 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 Penasco is about 1149 square feet, with an estimated 2026 value around $237,800.



Locations close to Penasco, NM

Petaca, NM184 $ / ft²
Questa, NM225 $ / ft²
Ranchos De Taos, NM187 $ / ft²
Pecos, NM178 $ / ft²
Los Ojos, NM189 $ / ft²
Ojo Caliente, NM117 $ / ft²
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