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Housing in Valle Vista

A typical Valle Vista home is worth roughly $323,000

Home prices around Valle Vista have risen about 37% over the past 5 years.

Typical home value
$323K
▼ 5.3% in a year · NM $318K
Estimate
2-bedroom rent
$2,050
a month, utilities in · HUD
Median tax bill
$1,144
NM $1,731

What kind of housing town is Valle Vista?

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

★ What stands out · Price trend

Home prices up 37% in 5 years

The federal house price index for the ZIP code around Valle Vista rose 37% over the past 5 years, slower than across New Mexico (50%). Last year prices fell 5.3%.

Valle Vista areaNew Mexico
0%+50%+100%+150%+200%200020052010201520202025
−5.3%
past year
+37%
past 5 years
+78%
past 10 years

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

Affordability

A typical home costs 8.8 years of income

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

You could afford about
$156,000
Typical Valle Vista home $323K

That’s $167K short of a typical Valle Vista home.

The typical home, each month
$1,790
Loan $1,600Tax $100Insurance $90

A two-bedroom rents for about $2,050 a month here, $260 more 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, Valle Vista’s typical property tax (0.35% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $2,050

Renters already here pay a median of $923, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,530
1 bedroom$1,690
2 bedrooms$2,050
3 bedrooms$2,580
4 bedrooms$2,710
30%
of households rent · NM 30%
75
renter households
$923
median rent paid today · Census

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.

The homes

70% of Valle Vista households own their home

Half of Valle Vista’s homes were built before 1986.

Owners and renters
Own 70%Rent 30%

New Mexico: 70% own.

1986
typical home built · NM 1985
$1,144
median property tax bill · NM $1,731
0.35%
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.

Next door

Valle Vista vs. its neighbors

The towns that share a border with Valle Vista. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Valle Vista$323K*−5.3%†$2,050—$36,635
Santa Fe$581K+0.8%$1,710495$73,482

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 Valle Vista buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Valle Vista 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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