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NM area data

Salem, NM

Salem, NM.

Population: 988 (Census ACS)

Home values & appreciation

Median home value
$176,506
1-year appreciation
+5.1%
3-year appreciation
+4.9%
5-year appreciation
+26.1%
10-year appreciation
+72.8%
All-time peak (2025-02)
$177,736
House Price Index
406.5 (+0.8% YoY)

Market activity

1-year forecast
+0.6%

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%

Climate (30-year normals)

Annual precipitation
10.8 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
52
Days with Good air quality
162
Days with Unhealthy air quality
3

Amenities

National parks within ~60 mi
2
Nearest national park
Butterfield Overland National Historic Trail (36 mi)
Nearest airport
Hatch Municipal Airport (4 mi)
Nearest major airport
Las Cruces International Airport (LRU) (31 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
Solar radiation rating
Excellent (5.8 kWh/m²/day)

Housing stock

Median year housing built
1,984
Median annual property tax
$347
Households with broadband internet
75.1%

Employment & development

Annual residential building permits (county)
680

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