$195,000
2.90 Acres
Land
Irene Cordova, Listing Office: Realty One Enchanted Circle
Housing Prices in Penasco, NM
How much do homes in Penasco, NM cost?
Median List Price
$895,000
$249/sqft
Based on all homes listed in December 2024.
Difference Since Last Month
+$160,000(+21.8%)
Key Takeaway
The list price of homes in Penasco has increased by 21.8% since November.
Summary: The median home list price in Penasco was $895,000 in December 2024, up 21.8% from the previous month, and the median price per square foot was $249.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | $160K | 0.0% |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $895K | $895K | 0.0% |
| 4 Bedrooms | $575K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Penasco housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Chamisal | $325K | $462.5K | +42.3% |
| Penasco | $735K | $895K | +21.8% |
| Picuris | $735K | $895K | +21.8% |
| Ranchos De Taos | $525K | $525K | 0.0% |
Housing Supply in Penasco, NM
How many homes are available in Penasco, NM?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The Penasco real estate market had 3 homes for sale in December 2024, a 25.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Penasco housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Penasco, NM
How long does it take to sell a home in Penasco, NM?
Average Listing Age
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 79 Days | 112 Days | +41.7% |
Summary: Homes in Penasco had an average listing age of 112 days in Dec 2024, up by 41.7% compared to the previous month.
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.