$50,000
Y Rd # 4599
Blanco, NM
0 ba
Land4.81 acres
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Compass Real Estate · Blanco, NM
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Blanco, NM(512) 555-0184TX License #0512847
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Blanco, NM Housing Market
Balanced market+10.8% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Blanco, NM is worth $245,820, rose 10.8% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $619,000 (through May 2026). With 2.0 months of supply and homes going under contract in about 294 days, Blanco is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $245,820 home is about $1,312/mo in principal and interest.
Key numbers for Blanco, NM
Typical home value
$245,820
+10.8% in 12 months
Zillow, August 2026
Median sale price
$619,000
Last published period
Redfin, through May 2026
Days on market
294
Slow-moving
Redfin, through May 2026
Active listings
2
2.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$52,125
Home costs 4.7x income
U.S. Census ACS, 2023
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Blanco a buyer's or seller's market?
Balanced market2.0 months of supply294 days on market
Blanco, NM is a balanced market, based on 2.0 months of supply and homes selling in about 294 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Blanco housing market data show?
Every row below is Redfin's final published month for Blanco, NM. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $619,000 |
| Median price per sq ft | $186/sq ft |
| Median days on market | 294 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Homes sold (that month) | 1 |
| Listings with a price cut | 50.0% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Blanco is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Blanco is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Blanco home prices moved?
Across the 7 months we hold for Blanco, NM, the median sale price rose 209.5%, from $200,000 in April 2021 to $619,000. The live Zillow value series has rose 10.8% in the last 12 months, which is the more current read now that Redfin's series has stopped. 50.0% of Blanco listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Blanco?
Priced off the typical home value of $245,820 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $49,164 | $196,656 | $1,312/mo |
| 5% | $12,291 | $233,529 | $1,558/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,312, that implies roughly $56,242 a year before you add taxes and insurance. The median household in Blanco earns $52,125, about $4,117 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.7x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Blanco in the next 12 months?
Tell us your timeline. We send the Blanco market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Blanco?
Zillow does not publish a rent index (ZORI) for Blanco, NM, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Blanco?
Active listings in Blanco, NM went from 2 in October 2024 to 2 in May 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings |
|---|---|
| October 2024 | 2 |
| September 2025 | 1 |
| May 2026 | 2 |
Redfin, through May 2026
How does Blanco compare to New Mexico and the U.S.?
Blanco homes sell for $619,000 — 57% above the New Mexico median of $395,500. Against the national median of $410,700, Blanco runs 51% higher.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Blanco, NM | $619,000 | not published | 294 days |
| New Mexico statewide | $395,500 | +10.8% | 53 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Blanco
What buyers should watch
- Months of supply, currently 2.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 50.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $246 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $245,820 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Blanco listing goes under contract in 294 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Your equity moved +10.8% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Blanco varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Blanco
There are currently 2 homes listed for sale in Blanco, New Mexico. Featured listings range from $50,000 to $1,212,500.
$67,000
Road # 4599
Blanco, NM
0 ba
Land29.57 acres
View photos & details
$149,900
406 Road 4599
Blanco, NM
3 bd3 ba2,348 sqft$64/ft²
House14.53 acres
View photos & details
$199,999
7191 US 64
Blanco, NM
3 bd2 ba1,464 sqft$137/ft²
House33,541 sqft lot
View photos & details
$249,000
Road # 4440
Blanco, NM
0 ba
Land40.00 acres
View photos & details
$530,000
41 Road 4655
Blanco, NM
3 bd2 ba1,573 sqft$337/ft²
Mobile home9.75 acres
View photos & details
$619,000
548 Road 4599
Blanco, NM
4 bd3 ba3,324 sqft$186/ft²
House16.30 acres
View photos & details
$1,212,500
Road # 4599
Blanco, NM
0 ba
Land48.50 acres
View photos & details
Looking to buy in Blanco?
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Active listings
2
Homes on market
Avg. days on market
294
Days until sale
Price drops:50.0%of listings
How much do homes cost in Blanco by property type?
How the Blanco, NM market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $619,000 | $186/sq ft | 1 | 294 days |
Who lives in Blanco?
American Community Survey estimates for Blanco. U.S. Census ACS, 2023
Population
427
Households
232
Median income
$52,125/yr
Median age
60.5 years
Owner-occupied
94.4%
Median home value
$214,500
Mean commute
23.7 min
94.4% of occupied homes in Blanco are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $214,500 against Zillow's $245,820 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which cities are near Blanco, NM?
Ordered by distance from Blanco, not by size. Compare Blanco side by side with any of them.
Blanco housing market FAQ
Is Blanco a buyer's or seller's market?
Blanco, NM is currently a balanced market. That read comes from 2.0 months of supply, homes going under contract in about 294 days in the last month Redfin published (May 2026).
How much do homes cost in Blanco?
The typical home in Blanco, NM is worth $245,820 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $619,000, about $186 per square foot.
Is Blanco cheaper than the rest of New Mexico?
Blanco's median sale price of $619,000 is 57% higher than the New Mexico statewide median of $395,500, and 51% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Blanco?
Homes in Blanco, NM spent a median of 294 days on market before going under contract, versus 53 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Blanco?
At the current 30-year fixed rate of 7.03%, 20% down on a $245,820 home is about $1,312 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $56,242 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $52,125.
Are home prices rising in Blanco?
The typical home value in Blanco, NM rose 10.8% over the last 12 months, from $221,857 to $245,820 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Blanco?
Blanco ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Blanco?
That depends on your timeline, not on a headline. What the data says today: Blanco, NM is a balanced market with 2.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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