The story of this market
The typical home in Rio Arriba County, New Mexico sells for about $429,000, or $224 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 105 days to sell, which is slow. Over the long run, values in this county have grown 94% since 2000. The biggest natural hazard here is lightning, 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 Relatively High.
Price climate
Every year of price change, 2000–2025
0%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2021 (+13.1%). Worst: 2014 (-9.5%). Hover to read a year.
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
$1,387
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.
Neighborhood price trend
Long-run price trend, 2000–2025
0%
2025 change
FHFA repeat-sales index, median of 4 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
89
Relatively High
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $26,548,546.
Mortgage activity
Home lending in this county
60%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 771 | 311 | 60% | 0% | $175,000 |
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 Approval rate is approved ÷ decided (withdrawn and incomplete files excluded).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.
Rio Arriba County, New Mexico
The Rio Arriba County housing market shows resilience with steady price appreciation, though inventory remains constrained in rural areas. Demand is supported by local employment and proximity to the Santa Fe-Los Alamos economic corridor, keeping the market stable despite broader economic headwinds.
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 · 4 cities · 6 ZIP reports
Median prices moved up 10.9% year over year.
Homes spend a median of 111 days on market with 6.7 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 93.9% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 18.2% — a stable, low-distress profile.
Deterministic aggregate of 6 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.
Rio Arriba 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 9.8%/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
researched Sep 29
researched Sep 29
| 87510 | Abiquiu | $642,000 | $305 | +125.3% | 120 | 96% | 15% | 9 | 18 | $873 | researched Sep 29 |
| 87520 | Chama | $270,000 | $155 | — | 289 | — | 6.5% | — | 19 | $1,014 | researched Sep 29 |
| 87527 | Dixon | $399,000 | $245 | +2.4% | 112 | 96.5% | 12% | 13.5 | 27 | $1,250 | researched Sep 29 |
| 87532 | Espanola | $419,000 | $215 | +2.5% | 110 | 97.5% | 12% | 6.2 | 62 | $1,450 | researched Sep 29 |
| 87533 | Española | $325,000 | $215 | +1.5% | 68 | 97.5% | 12% | 5.8 | 23 | $1,450 | researched Sep 29 |
| 87575 | Tierra Amarilla | $235,000 | $168 | +4.4% | 112 | 96.5% | 7.1% | 7 | 14 | $1,150 | 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 county faces significant wildfire and drought risks common to Northern New Mexico, necessitating careful insurance planning for property owners.
Economic momentum is driven by public sector employment and regional tourism, with limited large-scale industrial development reported.
Property taxes are administered by the county assessor based on mill levies that vary by school district and municipal jurisdiction, with exemptions available for head-of-household and veterans.
The economy is anchored by government services, agriculture, and tourism, with a focus on regional economic development initiatives.
Transportation relies primarily on state highway corridors connecting rural communities to the Española and Santa Fe employment hubs.
The county assessor maintains property valuations based on periodic reappraisals in accordance with New Mexico state law.
Parcels are subject to various school district levies and potential special assessments for rural utility or fire protection services.
Property insurance markets in the region are increasingly sensitive to wildfire risk, leading to higher premiums and stricter underwriting requirements.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A major recreational destination for boating and fishing.
Popular for water sports and outdoor recreation.
Architecturally significant building in Tierra Amarilla.
Data retrieved from US Census Bureau QuickFacts and ACS 2024 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.