The story of this market
The typical home in Mora County, New Mexico sells for about $151,200, or $189 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. The biggest natural hazard here is wildfire, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $1,014 a month.
HUD sets the fair market rent for a 2-bedroom at $1,014 a month. FEMA's National Risk Index rates overall hazard risk here as Very High.
Monthly price momentum
Home values since 2015
+3.3%
NM · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,388
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Natural hazard exposure
The area's risk shape
96
Very High
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $7,132,393.
Mortgage activity
Home lending in this county
55.1%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 63 | 27 | 55.1% | 0% | $145,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Mora County, New Mexico
The Mora County housing market is characterized by low inventory and slow turnover, typical of a rural, aging population. Prices have seen modest appreciation, but the market remains constrained by limited new construction and geographic isolation.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 2 cities · 4 ZIP reports
Median prices moved down 14.3% year over year.
Homes spend a median of 106 days on market with 0.4 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 2.48% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 21.4% — a stable, low-distress profile.
Deterministic aggregate of 4 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Mora County, New Mexico — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 29
researched Sep 29
researched Sep 29
researched Sep 29
| 87710 | Angel Fire | $577,500 | $358 | +3.2% | 146 | 96.5% | 12% | 16 | 128 | $1,850 | researched Sep 29 |
| 87732 | Mora | $267,525 | $158 | +2.1% | 120 | 96% | 12% | 8.5 | 9 | $1,150 | researched Sep 29 |
| 87734 | Ocate | $295,000 | $189 | -14.7% | 105 | — | — | — | 86 | $1,014 | researched Sep 29 |
| 87742 | Rociada | — | — | — | — | — | — | — | — | — | researched Sep 29 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The region faces significant wildfire risk, which influences local property insurance availability and premium costs.
The economy is primarily driven by agriculture and small-scale local services, with limited large-scale industrial or infrastructure development.
Property taxes are assessed by the county based on mill levies applied to the taxable value of real property, with exemptions available for head-of-household and veterans.
The economy is largely rural and agricultural, with limited major employers and a reliance on local government and small business sectors.
Transportation is primarily reliant on personal vehicles via state highways, with no significant public transit infrastructure.
The county assessor maintains property valuations based on periodic reappraisals in accordance with New Mexico state law.
Properties are subject to local school district levies and county-wide emergency service assessments.
Insurance markets are constrained by high wildfire risk, leading to elevated premiums and limited carrier options for rural properties.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Provides extensive outdoor recreation including hiking, camping, and fishing.
Data retrieved from Census Reporter and MMCG Analytics profiles.
applies when — Applies to residential parcels governed by a Homeowner Association (HOA) as defined by state statute.
Parcels are subject to the declaration, bylaws, and rules of the association, including the obligation to pay common expense assessments and potential liens for unpaid assessments.
NMSA 1978 § 47-16-1 et seq.
applies when — Applies to the resale of a unit within a condominium association.
The unit owner must furnish the purchaser with a resale certificate containing the declaration, bylaws, rules, and a statement of monthly common expense assessments, unpaid assessments, and other fees. The purchaser is not liable for unpaid assessments exceeding the amount disclosed in the certificate.
NMSA 1978 § 47-7D-9.
Tax is calculated by applying a tax rate (expressed in mills) to the net taxable value. The net taxable value is defined as one-third (33.33%) of the taxable value of the property. The taxable value is generally the market value, subject to statutory limitations on annual valuation increases for residential property. The total tax obligation is the product of the net taxable value and the sum of applicable local and state mill levies.
NMSA 1978 § 7-36-21.2; Property Tax Facts 2021, New Mexico Department of Finance and Administration.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.