Jarales, NM housing market
Home prices around Jarales have risen about 73% over the past 5 years.
Home values, sales, trends and how Jarales compares with the towns next door — updated as new data is published.
Home prices up 73% in 5 years
The federal house price index for the ZIP codes around Jarales rose 73% over the past 5 years, faster than across New Mexico (50%). Last year prices rose 3.1%.
Show as a table
| Year | Change that year | Since 2000 | New Mexico since 2000 |
|---|---|---|---|
| 2025 | +3.1% | +153% | +151% |
| 2024 | +13% | +146% | +143% |
| 2023 | +4.5% | +118% | +131% |
| 2022 | +24% | +108% | +114% |
| 2021 | +15% | +69% | +87% |
| 2020 | +7.2% | +46% | +68% |
| 2019 | +9% | +37% | +60% |
| 2018 | +0.1% | +25% | +52% |
| 2017 | +6.6% | +25% | +47% |
| 2016 | −0.8% | +17% | +42% |
| 2015 | +5.7% | +18% | +38% |
| 2014 | −2.7% | +12% | +36% |
| 2013 | −0.6% | +15% | +34% |
| 2012 | −8.1% | +16% | +33% |
| 2011 | −4.7% | +26% | +37% |
| 2010 | −4.6% | +32% | +43% |
| 2009 | −4.6% | +39% | +49% |
| 2008 | +1.3% | +45% | +57% |
| 2007 | +8.9% | +43% | +59% |
| 2006 | +10% | +32% | +50% |
| 2005 | +4.9% | +19% | +33% |
| 2004 | +5.6% | +14% | +18% |
| 2003 | +4.4% | +7.8% | +11% |
| 2002 | −2.2% | +3.2% | +6.8% |
| 2001 | +5.6% | +5.6% | +3.6% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 87002, 87023, covering 70% of Jarales’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Jarales and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Jarales | — | +3.1%† | $1,200 | $55,676 |
| Belen | $272K | +2.6% | $1,310 | $42,627 |
| Pueblitos | — | +3.1%† | $1,200 | $43,466 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,200
HUD's Fair Market Rent for a two-bedroom in Jarales is $1,200 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Jarales pay a median of $623, so moving in tends to cost more than staying put. A two-bedroom takes about 26% of the town's median household income.
Studio $830 · 4 bedrooms $1,990
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (87002, 87023; Albuquerque, NM MSA), 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. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.