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Arenas Valley, NM Home Values and Rents
The typical home value in Arenas Valley is $161,812, 77th highest of 150 cities and towns in New Mexico.
- Typical home value
- $161,812
- 77th of 150 in NM
- Price change, 1 year
- +6.1%
- Sep 2026
- Homeownership
- 75.5%
- NM: 70.0%
Typical home value in Arenas Valley
Zillow Home Value Index, all homes, middle tier
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| Period | Arenas Valley |
|---|---|
| Sep 2026 | $161,812 |
| Dec 2025 | $147,991 |
| Dec 2024 | $166,858 |
| Dec 2023 | $166,784 |
| Dec 2022 | $168,138 |
| Dec 2021 | $157,095 |
Over five years, Arenas Valley prices changed +2.1%.
Source: Zillow Research · Last updated 09/01/2026
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Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
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| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 88022 | $173,100 | - | - | - |
Fair Market Rents, FY2027
HUD rent standard for Grant County, NM
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $820 | +3.1% |
| 1 bedroom | $825 | +3.0% |
| 2 bedrooms | $1,070 | +2.1% |
| 3 bedrooms | $1,286 | -1.4% |
| 4 bedrooms | $1,678 | +20.9% |
Frequently asked questions
- What is the typical home value in Arenas Valley, NM?
- The typical home value in Arenas Valley is $161,812 (Zillow Home Value Index, Sep 2026). The New Mexico median is $248,100.
- Are home prices going up in Arenas Valley?
- The typical home value in Arenas Valley changed +6.1% over one year and +2.1% over five years, as of Sep 2026.
- How does Arenas Valley compare with the rest of New Mexico?
- Arenas Valley has the 77th highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.
- Which ZIP code in Arenas Valley has the highest home values?
- ZIP code 88022 has the highest median home value at $173,100.