Peña Blanca, NM housing market
The typical Peña Blanca home is worth about $283,000, up 8.6% in a year, 11% below the New Mexico typical home.
Home values, sales, trends and how Peña Blanca compares with the towns next door — updated as new data is published.
Peña Blanca at a glance
Typical home value, 2020–2026
Show as a table
| January | Peña Blanca | New Mexico |
|---|---|---|
| 2021 | $248,000 | $229,000 |
| 2022 | $279,000 | $263,000 |
| 2023 | $283,000 | $287,000 |
| 2024 | $275,000 | $302,000 |
| 2025 | $265,000 | $313,000 |
| 2026 | $272,000 | $315,000 |
| August 2026 | $283,000 | $318,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,210
HUD's Fair Market Rent for a two-bedroom in Peña Blanca is $1,210 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Peña Blanca pay a median of $99, so moving in tends to cost more than staying put.
Studio $830 · 4 bedrooms $1,990
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (87041; 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, 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.