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Featured local agent — Nogal, NM
Sarah Mitchell
Compass Real Estate · Nogal, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Nogal, NM Housing Market & Real Estate
Housing market overview · Updated monthly ·
$235,000median sale price
How is the Nogal, NM housing market right now?
The median home sale price in Nogal, NM is $235,000. Homes sell in an average of 64 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of September 2024 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Nogal a buyer's or seller's market?
Nogal, NM is currently a leaning buyer's and homes selling in about 64 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
64
Average pace
Active listings
—
Sale-to-list
—
Below asking
What does the Nogal housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $235,000 |
| Average days on market | 64 days |
| Median price per sq ft | $158/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Nogal by property type?
How the Nogal, 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 | $415,000 | $217/sq ft | 1 | 143 days |
Source: Redfin · Updated monthly
The Nogal housing market is currently classified as a leaning buyer's with a median sale price of $235,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 64 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 12.2x provides context for how home values compare to local earning capacity.
Homes for sale in Nogal
Explore homes currently listed for sale in Nogal, New Mexico across major real estate platforms.
Who lives in Nogal?
Population
156
Median income
$30,982/yr
Median age
47.9 years
Owner-occupied
66.7%
College grads
14.8%
Avg commute
30.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Nogal?
Zillow home value
$377,693
Price-to-income
12.2x
Source: Zillow Research
What is it like to live in Nogal?
Nogal is a community of approximately 0K residents with a median age of 47.9 years.The median household income is $30,982, which represents a working-class community with solid middle-income opportunities. 14.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 66.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Nogal offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Nogal, NM?
Want a head-to-head view? Compare Nogal side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Nogal?
The median home sale price in Nogal is $235,000, down 0.0% from last year.
How long do homes stay on market in Nogal?
Homes typically spend 64 days on market before going under contract.
What is the median income in Nogal?
The median household income is $30,982 per year.
What is the Zillow home value estimate for Nogal?
The Zillow Home Value Index (ZHVI) for Nogal is $377,693, representing the typical home value in the area.
How much does a single-family home cost in Nogal?
The median single-family home price in Nogal, NM is $415,000 (about $217 per square foot).
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