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Featured local agent — Jal, NM
Sarah Mitchell
Compass Real Estate · Jal, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Jal, NM Housing Market & Real Estate
Housing market overview · Updated monthly ·
$62,500median sale price
How is the Jal, NM housing market right now?
The median home sale price in Jal, NM is $62,500, down 47.9% year-over-year. Homes sell in an average of 29 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Jal a buyer's or seller's market?
Jal, NM is currently a balanced market and homes selling in about 29 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
29
Average pace
Active listings
—
Sale-to-list
—
Below asking
What does the Jal housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $62,500 |
| Median list price | $207,500 |
| Year-over-year price change | -47.9% |
| Average days on market | 29 days |
| Median price per sq ft | $63/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Jal by property type?
How the Jal, NM market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $62,500 | $63/sq ft | 2 | 29 days |
Source: Redfin · Updated monthly
The Jal housing market is currently classified as a balanced market with a median sale price of $62,500. Prices have fallen 47.9% compared to last year, with homes spending an average of 29 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.4x provides context for how home values compare to local earning capacity.
Homes for sale in Jal
Explore homes currently listed for sale in Jal, New Mexico across major real estate platforms.
Who lives in Jal?
Population
2,069
Median income
$60,703/yr
Median age
43.7 years
Owner-occupied
70.5%
College grads
19.0%
Avg commute
19.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Jal?
Zillow home value
$148,059
Price-to-income
2.4x
Source: Zillow Research
What is it like to live in Jal?
Jal is a community of approximately 2K residents with a median age of 43.7 years.The median household income is $60,703, which represents a working-class community with solid middle-income opportunities. 19.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 70.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Jal offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Jal?
3 schools tracked · 550 students
The largest public schools serving Jal, NM by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
JAL ELEMENTARY
Grades PK-5 · 272 students
JAL HIGH
Grades 9-12 · 160 students
JAL JR HIGH
Grades 6-8 · 118 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Jal, NM?
Want a head-to-head view? Compare Jal side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Jal?
The median home sale price in Jal is $62,500, down 47.9% from last year.
How long do homes stay on market in Jal?
Homes typically spend 29 days on market before going under contract.
What is the median income in Jal?
The median household income is $60,703 per year.
What is the Zillow home value estimate for Jal?
The Zillow Home Value Index (ZHVI) for Jal is $148,059, representing the typical home value in the area.
How much does a single-family home cost in Jal?
The median single-family home price in Jal, NM is $62,500 (about $63 per square foot).
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