Arenas Valley, NM housing market
The typical Arenas Valley home is worth about $168,000, up 6% in a year, 47% below the New Mexico typical home.
Home values, sales, trends and how Arenas Valley compares with the towns next door — updated as new data is published.
Arenas Valley at a glance
Typical home value, 2021–2026
Show as a table
| January | Arenas Valley | New Mexico |
|---|---|---|
| 2022 | $165,000 | $263,000 |
| 2023 | $173,000 | $287,000 |
| 2024 | $170,000 | $302,000 |
| 2025 | $172,000 | $313,000 |
| 2026 | $155,000 | $315,000 |
| August 2026 | $168,000 | $318,000 |
3.8 years of income
The typical Arenas Valley home costs about 3.8 years of the town's median household income, less than across New Mexico (5 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,070
HUD's Fair Market Rent for a two-bedroom in Arenas Valley is $1,070 a month, utilities included: roughly what a modest, recently rented unit costs. A two-bedroom takes about 29% of the town's median household income.
Studio $810 · 4 bedrooms $1,420
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (88022, 88061; Grant County, NM), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.