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Housing in Paa-Ko

A typical Paa-Ko home is worth roughly $715,000

Home prices around Paa-Ko have risen about 54% over the past 5 years.

Typical home value
$715K
▲ 2.8% in a year · NM $318K
Estimate
2-bedroom rent
$1,620
a month, utilities in · HUD
Median tax bill
$4,355
NM $1,731

What kind of housing town is Paa-Ko?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 3.1 years of income

Less than across New Mexico (5 years). Try your own numbers below.

You could afford about
$937,000
Typical Paa-Ko home $715K

That covers a typical Paa-Ko home, with $222K to spare.

The typical home, each month
$4,110
Loan $3,540Tax $360Insurance $210

A two-bedroom rents for about $1,620 a month here, $2,490 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Paa-Ko’s typical property tax (0.61% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

100% of Paa-Ko households own their home

Half of Paa-Ko’s homes were built before 2003.

Owners and renters
Own 100%

New Mexico: 70% own.

2003
typical home built · NM 1985
$4,355
median property tax bill · NM $1,731
0.61%
of a home’s value, a year in tax · NM 0.70%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Price trend

Home prices up 54% in 5 years

The federal house price index for the ZIP code around Paa-Ko rose 54% over the past 5 years, faster than across New Mexico (50%). Last year prices rose 2.8%.

Paa-Ko areaNew Mexico
0%+50%+100%+150%+200%200020052010201520202025
+2.8%
past year
+54%
past 5 years
+95%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Paa-Ko, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $1,620

Fair Market Rent a month, utilities included

Studio$1,130
1 bedroom$1,320
2 bedrooms$1,620
3 bedrooms$2,240
4 bedrooms$2,630
0%
of households rent · NM 30%

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Albuquerque, NM MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Paa-Ko vs. its neighbors

The towns that share a border with Paa-Ko. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Paa-Ko$715K*+2.8%†$1,620$230,804
Edgewood$382K+3.6%$1,550$84,761

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Paa-Ko buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Paa-Ko still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

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. The calculator is an estimate, not a loan offer.

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