Skip to main content

NM area data

Portales, NM

Portales, NM.

Population: 17,842 (Census ACS)

Home values & appreciation

Median home value
$142,730
1-year appreciation
+0.9%
3-year appreciation
+0.2%
5-year appreciation
+3.7%
10-year appreciation
+14.0%
All-time peak (2015-07)
$146,417
House Price Index
406.5 (+0.8% YoY)

Market activity

Median sale price
$190,000
Median list price
$207,500
Median days on market
47 days
Sale-to-list ratio
99.1%
Active listings
44
1-year forecast
-1.4%
New listings (monthly)
17

Rents

Typical rent
$975/mo
1-year rent change
+4.7%
1BR fair-market rent
$1,103/mo
3BR fair-market rent
$1,715/mo

Affordability

Cost of living index (Below Average)
92.5 (100 = US avg)
Electricity rate (state-level)
15.1¢/kWh
Natural gas rate (state-level)
$9.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
6
Elementary schools
3
Middle schools
2
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
drought, wildfire, hail, inlandFlooding, strongWind
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Annual precipitation
16.4 in

Walkability & transit

Walkability index
7.7 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Portales Municipal Airport (6 mi)
Nearest major airport
Cannon Air Force Base (CVS) (18 mi)
Hospitals nearby (~15 mi)
1
Solar radiation rating
Good (5.4 kWh/m²/day)

Migration

Net migration
-54 tax filers

Housing stock

Median year housing built
1,977
Median annual property tax
$633
Mean commute to work
14 min
Households with broadband internet
66.0%

Employment & development

Total county employment
4,170
Average weekly wage
$741
Top industries (by employment)
Accommodation & Food, Construction, Finance & Insurance
Annual residential building permits (county)
31

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents