Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$463,434
Range: $338,306-$616,367
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Property Facts
8 Overlook Way, Magdalena, NM is a single family residential home that contains 0 Sq. Ft. and was built in 1900. It contains 0 bedrooms and 0 bathrooms.
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County:SOCORRO
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Year Built:1900
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Living Area:0 Sq. Ft.
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Lot Size:872,028 Sq. Ft.
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Property History
Tax History
Year
Taxes
Total Assessment
2023
$2,028 (0%)
$77,613 (+2.8%)
2022
$2,028 (-1.6%)
$75,498 (+2.8%)
2021
$2,061 (+3.41%)
$73,445 (+2.79%)
2020
$1,993 (+3.1%)
$71,451 (+0.1%)
2019
$1,933 (-1.02%)
$71,381 (-66.7%)
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Market Trends
Michigan City
46360
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
May 2024
$328,718
Apr 2025
$356,425
Change
+8.4%
1 Year
2 Years
5 Years
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Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a properties' market value.
1 Year
2 Years
5 Years
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Average Days on Market
Average Days on Market represents the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
1 Year
2 Years
5 Years
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
1 Year
2 Years
5 Years
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
1 Year
2 Years
5 Years
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Area Statistics
People
ZIP (87825)
City (Magdalena)
Population
1,810
912
Population Density
0.7
23.3
People Per Household
3.2
4.2
Median Age
48
44.8
Median Household Income
$25,603
$22,361
Average Income
$16,832
$8,862
Economy
ZIP (87825)
City (Magdalena)
Unemployment
3.30%
3.30%
Recent Job Growth
-0.53%
-0.53%
Future Job Growth
29.59%
29.59%
Sales Tax
7.31%
7.31%
Income Tax
4.90%
4.90%
Cost of Living Index
85.3
85.8
Environment
ZIP (87825)
City (Magdalena)
Altitude
7260
6184
Rainfall (Inches Annually)
14.2
14.2
Snowfall (Inches Annually)
13.1
13.1
January Avg. Low Temp
17.2
17.2
July Avg. High Temp
84
84
Days of Precipitation Annually
50
50
Days Mostly Sunny Annually
278
278
Comfort Index (During Hot Weather)
7
7
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
9-12
15.2 mi
6-8
15.2 mi
PK-5
15.2 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
