The story of this market
The typical home in Hatch, New Mexico sells for about $110,700, or $103 per square foot.
Homes take about 49 days to sell. HUD's fair market rent for a two-bedroom is $509 a month.
Monthly price momentum
Home values since 2015
+3.3%
NM · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Hatch, New Mexico
Hatch maintains a stable, low-cost housing market driven by its agricultural identity and small-town character. The village shows modest population growth, though economic opportunities remain concentrated in the chile industry. Market data is limited, reflecting the village's small size and rural nature.
No ARED county foreclosure postings attributed to Hatch yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 3 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 2.0% year over year.
Homes spend a median of 78 days on market with 3.8 months of supply — a balanced-paced market.
28% of listings have cut prices · homes sell at 99.96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.4% · poverty 19.0% — a mixed stability profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
An annual event celebrating the region's world-famous chile harvest, serving as the primary cultural and economic anchor for the village.
Provides the essential water source for the local agricultural economy and offers limited recreational access for residents.
Hatch is best suited for budget-conscious families and agricultural workers who value a small-town, community-oriented lifestyle with short commute times to local employment hubs.
The village is served by the Hatch Valley Public Schools, which provides a small-town educational environment; however, specific performance ratings are not consistently reported at the village level.
The village is located directly off Interstate 25, providing a primary transit corridor for commuters traveling to Las Cruces or El Paso.
The village is famous for its annual Hatch Chile Festival, which draws significant regional tourism, and provides access to outdoor recreation along the Rio Grande and nearby desert landscapes.
The rental market is characterized by low inventory and high affordability relative to national standards, with a significant portion of the housing stock being owner-occupied.
The economy is heavily anchored by the agricultural industry, specifically the cultivation and processing of New Mexico chiles, with limited diversification into other sectors.
Economic momentum is tied to the agricultural sector, particularly the chile industry, with moderate population growth and limited large-scale infrastructure development reported.
There are no major large-scale commercial or residential developments currently reported as under construction within the village limits.
The village is served by the Hatch Valley Public Schools district, which manages the local educational infrastructure.
Not determinable; specific crime statistics for the village of Hatch are not independently published, and regional comparisons are limited to county-level data.
The area is situated in a high-desert climate with exposure to wind and occasional flash flooding risks common to the Rio Grande Valley, though specific insurance-climate posture is not determinable.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (New Mexico) — New Mexico Ad Valorem Property Tax: Tax is calculated by applying a tax rate (expressed in mills) to the net taxable value. The net taxable value is defined as one-third (33.33%) of the taxable value of the property.
Data retrieved from US Census Bureau and World Population Review.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.