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Advertise here →Portales, NM · Market Data
Portales, New Mexico real estate market data.
Real estate market data for Portales, NM (Roosevelt County) — Census median home value $132,900, county listing prices up about 5.8% over the past year.
Portales, NM is in Roosevelt County, New Mexico — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 12,023, with a median household income of $51,290. Census data puts Portales's median home value at $132,900.
At a glance
Portales market snapshot
Population
12,023
Median Household Income
$51,290
Median Home Value (city)
$132,900
Median Gross Rent
$870/mo
Price Trend (YoY)
+5.8%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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Advertise here →Why Portales
What makes Portales different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Portales's median home value — across all owner-occupied homes, not just recent sales — at $132,900.
County Price Trend
Roosevelt County's FHFA house price index shows a 5.81% annual change in 2025.
Population & Income
Portales has an estimated population of 12,023 and a median household income of $51,290, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Portales's Census-reported median home value works out to about 2.6x the area's median household income, and median gross rent runs roughly 20% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Portales FAQ
What are home values like in Portales, NM?
The Census Bureau's American Community Survey puts Portales's median home value at $132,900.
What is the population of Portales, NM?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Portales's population at approximately 12,023.
What's the median rent in Portales, NM?
The Census ACS estimates median gross rent in Portales at approximately $870 per month.
What is the median household income in Portales, NM?
Census ACS data puts the median household income in Portales at approximately $51,290.
Is the Portales housing market growing?
Roosevelt County's FHFA house price index shows a 5.81% annual change in 2025.
Is Portales, NM affordable relative to income?
Census ACS data puts Portales's median home value at about 2.6 times the median household income, with median gross rent equal to roughly 20% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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