A typical Peak Place home is worth roughly $14,000
Home prices around Peak Place have risen about 36% over the past 5 years.
What kind of housing town is Peak Place?
Read from the numbers below. The page puts what stands out first.
What it takes to buy in Peak Place
Try your own numbers below.
That covers a typical Peak Place home, with $243K to spare.
A two-bedroom rents for about $1,500 a month here, $1,420 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the New Mexico typical property tax (0.70% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
93% of Peak Place households own their home
Half of Peak Place’s homes were built before 1992.
New Mexico: 70% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Home prices up 36% in 5 years
The federal house price index for the ZIP code around Peak Place rose 36% over the past 5 years, slower than across New Mexico (50%). Last year prices fell 0.7%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Peak Place, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,500
Renters already here pay a median of $483, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Santa Fe, NM MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Peak Place vs. its neighbors
The towns that share a border with Peak Place. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Peak Place | $14K* | −0.7%† | $1,500 | $40,938 |
| Tesuque | $849K* | −1.2%† | $1,550 | $55,865 |
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 Peak Place buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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.