What is the median home value in Las Maravillas, NM?

The median value of owner-occupied homes in Las Maravillas, NM is $230,000 (±$65,561), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Las Maravillas, the median home value went from $139,500 in 2015–2019 to $230,000 in 2020–2024 (+64.9%).

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
$230,000 (±$65,561)
Owner-occupied homes
494 (±99)
Most common range
$200,000 to $299,999

Home values in Las Maravillas

Owner-occupied homes by value, 2020–2024
ValueLas MaravillasValencia CountyNew MexicoUnited States
Less than $50,0003.2% (±4.1 points)10.5%9.4%5.3%
$50,000 to $99,9990.8% (±1.4 points)11.3%7.8%6.1%
$100,000 to $149,99912.1% (±7.5 points)9.2%8.5%6.8%
$150,000 to $199,99928.3% (±13.2 points)12.2%11.7%9.0%
$200,000 to $299,99943.9% (±14.4 points)27.1%23.6%17.8%
$300,000 to $499,9992.4% (±2.6 points)22.0%25.5%26.9%
$500,000 to $999,9993.8% (±8.1 points)6.2%11.2%20.9%
$1,000,000 or more5.3% (±6.7 points)1.4%2.4%7.1%

The most common range is $200,000 to $299,999, 43.9% 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.

Las Maravillas against Valencia County, its state and the nation

Estimate (90% margin of error)
Las MaravillasValencia CountyNew MexicoUnited States
Median home value$230,000 (±$65,561)$223,000 (±$8,792)$248,100 (±$1,957)$332,700
Owner-occupied homes494 (±99)22,944 (±667)585,937 (±3,814)84,210,142

In Las Maravillas, the median home value is not measurably different from Valencia County ($223,000).

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

It is lower than the national figure ($332,700).

In Valencia County, Las Maravillas ranks 8 of 12 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 70 of 184.

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

How home values in Las Maravillas have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$139,500 (±$3,906)$230,000 (±$65,561)+64.9%No measurable change after inflation
Median owner cost with a mortgage$1,040 (±$100)$1,245 (±$118)+19.7%No measurable change after inflation
Median real estate taxes$1,164 (±$87)$1,224 (±$87)+5.2%Down 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 Las Maravillas

Nearest places with a published estimate, compared with Las Maravillas
PlaceDistanceMedian home valueCompared with this place
Las Maravillas—$230,000 (±$65,561)—
El Cerro Mission2.6 mi$115,300 (±$48,197)Lower
Tome3.4 mi$269,300 (±$72,857)Not measurably different
El Cerro3.6 mi$311,500 (±$62,730)Not measurably different
Valencia5.0 mi$262,900 (±$93,280)Not measurably different
Los Chaves5.5 mi$285,700 (±$91,382)Not measurably different
Peralta6.6 mi$299,200 (±$43,671)Not measurably different
Rio Communities6.8 mi$205,900 (±$22,143)Not measurably different
Meadow Lake7.1 mi$77,900 (±$21,321)Lower

Nearby places with a measurably lower figure: El Cerro Mission, NM ($115,300), Meadow Lake, NM ($77,900).

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

Median home value across Valencia County, place by place

RankPlaceMedian home value
2Peralta$299,200 (±$43,671)
3Bosque Farms$293,100 (±$75,179)
4Los Chaves$285,700 (±$91,382)
5Tome$269,300 (±$72,857)
6 (tie)Los Lunas$262,900 (±$16,933)
6 (tie)Valencia$262,900 (±$93,280)
8Las Maravillas$230,000 (±$65,561)
9Rio Communities$205,900 (±$22,143)
10Belen$166,100 (±$34,577)
11El Cerro Mission$115,300 (±$48,197)
12Meadow Lake$77,900 (±$21,321)

Showing 11 of 12 places in Valencia County, ranked from highest to lowest.

Las Maravillas 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.

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Questions about Las Maravillas

What is the average home value in Las Maravillas, NM?

The Census Bureau publishes the median: $230,000 (±$65,561) for owner-occupied homes in Las Maravillas (2020–2024 American Community Survey).

Have home values in Las Maravillas gone up?

In Las Maravillas, the median home value went from $139,500 in 2015–2019 to $230,000 in 2020–2024 (+64.9%).

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 Las Maravillas 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 Las Maravillas CDP, New Mexico (place:39430, 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 .

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