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Torreon, NM 87061 Landlot Properties For Sale

The median home value in Torreon, NM 87061 is $191,300. This is higher than the county median home value of $171,100. The national median home value is $338,100. The average price of homes sold in Torreon, NM 87061 is $191,300. Approximately 64.08% of Torreon, NM 87061 homes are owned, compared to 0.00% rented, while 35.92% are vacant. Torreon, NM 87061 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Torreon, NM 87061 real estate agent to arrange a tour today!

Learn More About Torreon, NM 87061 Real Estate

Statistics & facts

264 Population
$191K Medium Home Value
132 # of Households
35.92% Housing Vacancy
35.64% Future Job Growth
4.20% Unemployment Rate

Andrea Conner License # 20396 Xome Inc. License # 09022, AndreaD.Conner@Xome.com 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


The data relating to real estate for sale on this web site comes in part from the IDX Program of the Southwest Multiple Listing Service Inc., a wholly owned subsidiary of the Greater Albuquerque Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Southwest Multiple Listing Service, Inc.


Population

Torreon, NM 87061 has a population of approximately 264 and experiences a population change rate of -25.21%. The population density is 2 / sq mi.

Household

The median household income for Torreon, NM 87061 is $29,167, with 132 households and an average household size of 1.95.

Cost of Living

The cost of living index in Torreon, NM 87061 is 83.7%.

Home Value

The median value of a home in Torreon, NM 87061 is $191,300 with an appreciation rate of 16.7%. 64.1% of housing in the zip code is owned while 0.0% is rented.

Employment

The unemployment rate in Torreon, NM 87061 is 4.20%, and recent job growth is at -0.66%. Future job growth is projected at 35.64%.

Taxes

The sales tax rate in Torreon, NM 87061 is 6.63%, while the income tax rate is 4.90%.

Education

School expenditures in Torreon, NM 87061 are $15,630, and the school ratio is 14.7:1.

Weather

The average high temperature in July is 87.3 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 14.5 inches per year, with 23 inches of snow per year.

Education near Torreon NM, 87061

Metric City County
High School Graduates 100 87.36
College Degree - 2 year 0 6.17
College Degree - 4 year 0 15.22
Graduate Degree 0 4.29
Expenditures per Student $15,630 $15,630
Students per Teacher 14.70 14.70

Elementary Schools near Torreon NM , 87061

School Grades Students P/T Ratio ZIP
Lower Elementary 01 - 01 60 10.8 87016
Moriarty Elementary School PK - 06 452 13.7 87035
Mountainair Elementary School PK - 05 124 12.6 87036
Route 66 Elementary School KG - 06 431 14.6 87035
South Mountain Elementary School KG - 06 272 14.2 87035
Upper Elementary 02 - 06 275 17.6 87016
Vanstone Elementary KG - KG 44 8.5 87016

Middle Schools near Torreon NM , 87061

School Grades Students P/T Ratio ZIP
Edgewood Elementary School PK - 06 270 13.9 87035
Edgewood Middle School 06 - 08 322 16.5 87035
Estancia Middle School 07 - 08 110 14.1 87016
Moriarty Middle School 06 - 08 295 13.9 87035
Mountainair Junior High School 06 - 08 62 11.5 87036
Mountainview Elementary School PK - 06 335 13.9 87035

High Schools near Torreon NM , 87061

School Grades Students P/T Ratio ZIP
Estancia High School 09 - 12 234 18 87016
Moriarty High School 09 - 12 773 17.7 87035
Mountainair High School 09 - 12 88 9.5 87036

Ungraded Schools near Torreon NM , 87061

School Grades Students P/T Ratio ZIP
* Estancia Valley Learning School 07 - 12 16 7 87016
Estancia Valley Classical Academy KG - 11 405 16.5 87035