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NM area data

Caballo, NM

Caballo, NM.

Population: 703 (Census ACS)

The median home value in Caballo, NM is $198,682 — up 4.7% over the past year. Homes sell for a median $159,000 after a median 95 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with drought, inlandflooding, lightning the top-rated hazards. Cost of living is 7.8% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$198,682

Median home value

+4.7%

1-year change

95

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$198,682
1-year appreciation
+4.7%
3-year appreciation
-4.6%
5-year appreciation
+1.6%
All-time peak (2023-05)
$213,110
House Price Index (state)
414.6 (-1.2% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$159,000
Median price per sqft
$124
Median days on market
95 days
Homes sold (recent period)
1
For-sale inventory
5
Active listings
3

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$706/mo
1BR fair-market rent
$780/mo
2BR fair-market rent
$1,014/mo
3BR fair-market rent
$1,404/mo
4BR fair-market rent
$1,590/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
92.2 (100 = US avg)
Electricity rate (state-level)
15.1¢/kWh
Natural gas rate (state-level)
$9.80/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
drought, inlandFlooding, lightning
Notable hazard ratings (county)
hail: Relatively Low · drought: Relatively Moderate · coldWave: Relatively Low · wildfire: Relatively Low · lightning: Relatively Moderate · winterWeather: Relatively Low
Wildfire risk to homes (county)
Higher than 84% of US counties
Buildings in wildfire direct-exposure zone
39.0%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
63.0°F
Average high
79.0°F
Average low
48.0°F
Annual precipitation
10.6 in
Annual snowfall
0.4 in
USDA plant hardiness zone
8a (extreme annual low 10 to 15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

National parks within ~60 mi
3
Nearest national park
White Sands National Park (52 mi)
National parks include
White Sands National Park, El Camino Real de Tierra Adentro National Historic Trail, Butterfield Overland National Historic Trail
Airports within 30 mi
4
Nearest airport
Spaceport America (12 mi)
Nearest major airport
Truth or Consequences Municipal Airport (TCS) (15 mi)
Hospitals nearby (~15 mi)
2
Hospitals include
SIERRA VISTA HOSPITAL, BHC MESILLA VALLEY HOSPITAL, LLC
Avg hospital rating (CMS)
3.1 / 5
Best hospital rating nearby (CMS)
5.0 / 5
EV charging stations (within 10 mi)
3
Solar radiation rating
Excellent (5.7 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+77 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,988
Housing built before 1970
29.7%
Housing built 2000 or later
15.1%
Median annual property tax
$340
Mean commute to work
20 min
Households with broadband internet
58.4%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
2,761
Average weekly wage
$787
Top industries (by employment)
Construction, Administrative Services, Other Services

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

CaballoState medianUS median
Median home value$198,682$278,357$288,527
Median sale price$159,000$325,000$325,000
Median days on market95 days90 days51 days
Median annual property tax$340$929$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Caballo, NM?
$198,682.
What is the median sale price in Caballo, NM?
$159,000.
How long do homes take to sell in Caballo, NM?
Median days on market: 95 days.
What is typical rent in Caballo, NM?
2-bedroom fair-market rent: $1,014/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Caballo, NM?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: drought, inlandFlooding, lightning.
What is the wildfire risk in Caballo, NM?
Risk to homes is higher than 84% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Caballo, NM?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Caballo, NM?
No current or proposed National Priorities List sites within 5 miles (EPA).
What is the cost of living in Caballo, NM?
Regional Price Parity: 92.2 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Caballo

Listing a home in Caballo, NM?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents