According to statistics, the population in Portales, NM amounts to 12,123, which shows decline -1% compared to the previous year. The median age of the city’s residents is 27. The average household income is $32,065, shifting growth 3% from the past year, and the average property value in Portales, NM decline 0% to $115,900 throughout the year.
|Number Of Employees||4,827|
|Median Property Value||$115,900|
The average household income in Portales, NM grew from $31,152 to $32,065 in the past year. This data is an estimate based upon 4,614 households in Portales, NM . The chart below presents how household income is distributed in Portales, NM in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Portales, NM shifted from $116,300 to $115,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Portales, NM in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Portales, NM properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Portales, NM compared to median property taxes around the country. The prevalent amount of property taxes in Portales, NM equals $800, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$25,000||-72.2%|
|2 bed for sale||$98,100||+31%|
|3 bed for sale||$186,066||-6.9%|
|4+ bed for sale||$204,950||+2.1%|
During Jul 2022, the average price for an apartment in/near Portales, NM decreased by 16.7% to $161,057.
Asking price for 2-bed apartment also increased by 31% and a place of this size will now cost you $98,100. A 3-bed apartment goes for $186,066, it decreased by 6.9% lately. We discerned the rise of 4- and more bed apartment price. It increased by 2.1% and made it up to $204,950.
|Listing Type||Jul||vs Last Month|
|Apartments for sale||$164,900||N/A|
|Houses for sale||$161,116||-19.7%|
|Land for sale||$160,000||+332.4%|
While assessing the property pricing Portales, NM, you can note that it remains flat with a price tag of $164,900. Price reports demonstrate that house price decreased by 19.7% this month making it up to $161,116.