Penasco, NM Homes For Sale Market Summary – September 8, 2026

New Mexico does not publicly disclose home sale prices, so this summary reflects homes currently listed for sale rather than closed sales. In Penasco, NM, the overall real estate market shows that there have been 2 homes listed, with an average living area of 1,662 square feet. The average price per square foot is $203, and homes have spent an average of 163 days on the market.

Metric Current
Active Listings 2
New Listings Per Day 1 every 30.00 days
Average SQFT 1662
Median List Price $338,500
Average List Price $338,500
Average List Price Per SQFT $204
Average Days on Market 163
Average Year Built 1963

 

Penasco, NM Single Family Home Analysis

For single-family homes in Penasco, NM, there have also been 2 listings with similar metrics as the overall market, featuring an average living area of 1,662 square feet and an average price per square foot of $203.

Metric Current
Active Listings 2
New Listings Per Day 1 every 30.00 days
Average SQFT 1662
Median List Price $338,500
Average List Price $338,500
Average List Price Per SQFT $204
Average Days on Market 163
Average Year Built 1963

 

Penasco, NM Condo & Townhome Analysis

There is no market data available for that home type at this time.

 

Buyer & Seller Analysis

  • Listing pace is 1 every 30.00 days.
  • Current listings have been on the market for an average of 163 days.
  • The average price per square foot is $203.
  • No data is available for the condo and townhome segment.
  • List prices shown are asking prices, not sale prices.

Conclusion

Overall, the Penasco real estate market seems to be stable with ongoing listings. Prospective buyers may find opportunities in the current inventory.

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