What is the median home value in Pecos, NM?
The median value of owner-occupied homes in Pecos, NM is $302,700 (±$39,949), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
Figures last updated on .
- Median home value
- $302,700 (±$39,949)
- Owner-occupied homes
- 298 (±102)
- Most common range
- $300,000 to $499,999
Home values in Pecos
| Value | Pecos | San Miguel County | New Mexico | United States |
|---|---|---|---|---|
| Less than $50,000 | 18.5% (±15.3 points) | 16.8% | 9.4% | 5.3% |
| $50,000 to $99,999 | 11.1% (±12.1 points) | 11.8% | 7.8% | 6.1% |
| $100,000 to $149,999 | 0.0% (±13.3 points) | 10.3% | 8.5% | 6.8% |
| $150,000 to $199,999 | 3.4% (±6.3 points) | 13.9% | 11.7% | 9.0% |
| $200,000 to $299,999 | 15.8% (±11.6 points) | 22.6% | 23.6% | 17.8% |
| $300,000 to $499,999 | 51.3% (±15.9 points) | 16.0% | 25.5% | 26.9% |
| $500,000 to $999,999 | 0.0% (±13.3 points) | 6.8% | 11.2% | 20.9% |
| $1,000,000 or more | 0.0% (±13.3 points) | 1.7% | 2.4% | 7.1% |
The most common range is $300,000 to $499,999, 51.3% 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.
Pecos against San Miguel County, its state and the nation
| Pecos | San Miguel County | New Mexico | United States | |
|---|---|---|---|---|
| Median home value | $302,700 (±$39,949) | $188,500 (±$18,158) | $248,100 (±$1,957) | $332,700 |
| Owner-occupied homes | 298 (±102) | 8,718 (±340) | 585,937 (±3,814) | 84,210,142 |
In Pecos, the median home value is higher than in San Miguel County ($188,500).
It is also higher than in New Mexico ($248,100).
It is not measurably different from the national figure ($332,700).
Statewide, it ranks 36 of 184.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Pecos have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,293 (±$353) | $1,587 (±$44) | +22.7% | No measurable change after inflation |
| Median real estate taxes | $487 (±$149) | $1,055 (±$162) | +116.6% | Up 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 Pecos
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Pecos | — | $302,700 (±$39,949) | — |
| Cañoncito | 9.4 mi | $387,900 (±$175,280) | Not measurably different |
| Eldorado at Santa Fe | 15 mi | $591,900 (±$34,074) | Higher |
| Santa Fe | 18 mi | $444,900 (±$11,600) | Higher |
| Tesuque | 18 mi | $849,300 (±$492,679) | Higher |
| Agua Fria | 20 mi | $270,400 (±$97,619) | Not measurably different |
| Tano Road | 20 mi | $1,133,900 (±$139,203) | Higher |
| Tres Arroyos | 22 mi | $678,500 (±$165,816) | Higher |
| Las Campanas | 23 mi | $1,545,800 (±$151,847) | Higher |
Nearby places with a measurably higher figure: Eldorado at Santa Fe, NM ($591,900), Santa Fe, NM ($444,900), Tesuque, NM ($849,300).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
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 Pecos
What is the average home value in Pecos, NM?
The Census Bureau publishes the median: $302,700 (±$39,949) for owner-occupied homes in Pecos (2020–2024 American Community Survey).
Is this what homes in Pecos 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Pecos village, New Mexico
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Pecos village, New Mexico
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Pecos village, New Mexico
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Pecos village, New Mexico
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Pecos village, New Mexico (place:55620, 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.
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
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- Homeowner costs in Pecos
- Property taxes in Pecos
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- Age of homes in Pecos
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- Population growth in Pecos
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- Housing data for every place in New Mexico