What is the median home value in El Rancho, NM?

The median value of owner-occupied homes in El Rancho, NM is $281,400 (±$69,675), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In El Rancho, the median home value went from $223,900 in 2015–2019 to $281,400 in 2020–2024 (+25.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$281,400 (±$69,675)
Owner-occupied homes
474 (±108)
Most common range
$500,000 to $999,999

Home values in El Rancho

Owner-occupied homes by value, 2020–2024
ValueEl RanchoSanta Fe CountyNew MexicoUnited States
Less than $50,00010.3% (±4.7 points)6.6%9.4%5.3%
$50,000 to $99,99915.4% (±16.2 points)2.7%7.8%6.1%
$100,000 to $149,9992.7% (±2.1 points)2.8%8.5%6.8%
$150,000 to $199,9993.8% (±2.2 points)3.8%11.7%9.0%
$200,000 to $299,99921.1% (±6.6 points)10.1%23.6%17.8%
$300,000 to $499,99921.3% (±7.4 points)32.3%25.5%26.9%
$500,000 to $999,99924.3% (±10.8 points)29.7%11.2%20.9%
$1,000,000 or more1.1% (±1.0 points)12.0%2.4%7.1%

The most common range is $500,000 to $999,999, 24.3% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

El Rancho against Santa Fe County, its state and the nation

Estimate (90% margin of error)
El RanchoSanta Fe CountyNew MexicoUnited States
Median home value$281,400 (±$69,675)$446,300 (±$9,319)$248,100 (±$1,957)$332,700
Owner-occupied homes474 (±108)50,603 (±848)585,937 (±3,814)84,210,142

In El Rancho, the median home value is lower than in Santa Fe County ($446,300).

It is not measurably different from New Mexico ($248,100).

It is not measurably different from the national figure ($332,700).

In Santa Fe County, El Rancho ranks 13 of 15 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 48 of 184.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in El Rancho have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$223,900 (±$22,162)$281,400 (±$69,675)+25.7%No measurable change after inflation
Median owner cost with a mortgage$1,443 (±$59)$1,505 (±$322)+4.3%No measurable change after inflation
Median real estate taxes$1,276 (±$69)$1,720 (±$164)+34.8%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near El Rancho

Nearest places with a published estimate, compared with El Rancho
PlaceDistanceMedian home valueCompared with this place
El Rancho—$281,400 (±$69,675)—
La Mesilla3.6 mi$315,800 (±$41,644)Not measurably different
Pojoaque4.2 mi$165,600 (±$62,161)Lower
Nambe6.7 mi$301,500 (±$64,227)Not measurably different
Española7.7 mi$210,800 (±$9,912)Lower
Cuartelez7.8 mi$304,700 (±$152,828)Not measurably different
White Rock9.0 mi$500,700 (±$35,994)Higher
Chimayo11 mi$227,500 (±$33,697)Not measurably different
Los Alamos11 mi$501,800 (±$36,774)Higher

Nearby places with a measurably lower figure: Pojoaque, NM ($165,600), Española, NM ($210,800).

Nearby places with a measurably higher figure: White Rock, NM ($500,700), Los Alamos, NM ($501,800).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Santa Fe County, place by place

RankPlaceMedian home value
7Santa Fe$444,900 (±$11,600)
8Thunder Mountain$400,000 (±$56,287)
9Cañoncito$387,900 (±$175,280)
10Edgewood$306,400 (±$25,586)
11Cuartelez$304,700 (±$152,828)
12Nambe$301,500 (±$64,227)
13El Rancho$281,400 (±$69,675)
14Agua Fria$270,400 (±$97,619)
15Pojoaque$165,600 (±$62,161)

Showing 9 of 15 places in Santa Fe County, ranked from highest to lowest.

El Rancho is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in El Rancho

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for El Rancho beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near El Rancho, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near El Rancho, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about El Rancho

What is the average home value in El Rancho, NM?

The Census Bureau publishes the median: $281,400 (±$69,675) for owner-occupied homes in El Rancho (2020–2024 American Community Survey).

Have home values in El Rancho gone up?

In El Rancho, the median home value went from $223,900 in 2015–2019 to $281,400 in 2020–2024 (+25.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in El Rancho sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for El Rancho CDP, New Mexico (place:23840, in state:35).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related