Nogal, NM housing market
The typical Nogal home is worth about $365,000, up 1.1% in a year, 15% above the New Mexico typical home.
Home values, sales, trends and how Nogal compares with the towns next door — updated as new data is published.
Nogal at a glance
Typical home value, 2023–2026
Show as a table
| January | Nogal | New Mexico |
|---|---|---|
| 2024 | $358,000 | $302,000 |
| 2025 | $360,000 | $313,000 |
| 2026 | $360,000 | $315,000 |
| August 2026 | $365,000 | $318,000 |
A two-bedroom rents for about $1,020
HUD's Fair Market Rent for a two-bedroom in Nogal is $1,020 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $820 · 4 bedrooms $1,660
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (88341; Lincoln 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.