Current Price

$136,097

1 Month Forecast

â–¼ $133,317

1-Year Forecast *

â–¼ $133,472

5-Year Forecast *

â–¼ $133,301

"Is it a good time to buy homes in Portales?" "Does investing in real estate in Portales (New Mexico State, Roosevelt County) worth it?" According to our live Forecast System, buying a house in Portales is a bad short-term (1-year) investment*. The Portales average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Portales" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Portales in New Mexico State, Roosevelt County. If you are looking for homes for sale with good flipping profit, Portales can be a bad, high-risk 1-year investment option. The median price of an average house in Portales was 136,097 USD on 2026-02-16. Based on our forecasts, a long-term decrease is expected, the predicted price of an average home in the "Portales" area is 133,301 USD by 2031-02-16. For a 5-year investment the profit is expected to be around -2.05% meaning that investing 100000 USD today may yield a profit of 2,055 USD by 2031.

Current Median Listing Price: 136,097 USD Median Listing Price Per Square Foot: 76 USD

Portales Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Portales (New Mexico State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Portales Price Target

Portales median home price target in 12 months: $133,472* (downside of 1.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $136,723 $133,670 $133,670 $137,132
2024 $134,512 $136,097 $134,512 $138,943
2023 $132,782 $134,037 $131,789 $135,260
2022 $128,500 $133,326 $128,500 $133,557
2021 $130,961 $127,781 $127,107 $130,961
2020 $128,300 $131,647 $128,300 $132,651
2019 $125,830 $127,820 $125,830 $128,667
2018 $120,066 $125,387 $120,066 $125,387
2017 $120,961 $119,314 $116,467 $120,961
2016 $136,385 $122,057 $122,057 $136,385
2015 $145,391 $140,470 $140,470 $151,676
2014 $141,158 $145,950 $140,720 $147,282
2013 $141,659 $142,175 $138,635 $144,498
2012 $148,475 $142,439 $142,439 $149,077

Questions & Answers about the Portales Housing Market Forecast

How much does an average home cost in Portales today?

The value of an average home (the listing price) in Portales is $136,097 USD.

What is the average price per square foot in Portales?

According to Walletinvestor the median price per square foot in Portales is 76 USD.

Will the median listing price of homes in Portales grow / rise / go up?

No. The Portales home prices may drop from 136,097 USD to 133,472 USD in one year.

Is it profitable to invest in Portales homes?

Based on our forecast, the expected return is -1.93% in one year.

Will Portales house prices fall / drop?

Yes. See above.

What is the predicted price of a Portales home in 2030?

The predicted home sales price of a Portales home in 2030 in Portales is 136,387 USD.

What is the predicted price of a Portales home in 2035?

The predicted home sales price of a Portales home in 2035 in Portales is 135,211 USD.

Will real estate prices decrease in Portales?

According to our analysis, there may be some price adjustment.

Short-Term Outlook Based On The Last 12 Months

Portales is the 4377. largest city in the United States, located in New Mexico State.

During the last 12 months the real estate prices in Roosevelt, Portales decreased, looking at the past 12 months.

According to Walletinvestor's Portales real estate market research, home values will decrease in the next 12 months.

Median home values decreased by 0.755% to 136,097 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 3.399% in 2021
  • 2.739% in 2022
  • 0.639% in 2023
  • 1.389% in 2024
  • 0.279% in 2025
  • 3.379% in 2026

Based on our Portales real estate market research and report the predicted sales prices will decrease by 17.698% in the next 10 years.

Over the last 12 months, the value of homes in Portales fluctuated: decreasing 5 times.

Portales (New Mexico) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Portales Housing Market Forecast with Real Estate Prices for 2025
August 2025 133317 123852 142783
September 2025 132965 121796 144134
October 2025 132694 125263 140125
November 2025 133070 124287 141853
December 2025 132891 125316 140465
Portales Housing Market Forecast with Real Estate Prices for 2026
January 2026 132539 123527 141552
February 2026 132189 122803 141574
March 2026 132193 121353 143033
April 2026 132567 123951 141184
May 2026 132719 124358 141081
June 2026 133095 121649 144541
July 2026 133472 123862 143082
August 2026 133850 121803 145896
September 2026 134229 121880 146578
October 2026 134323 123308 145337
November 2026 134703 126621 142785
December 2026 135085 126574 143595
Portales Housing Market Forecast with Real Estate Prices for 2027
January 2027 135467 123952 146982
February 2027 135496 127367 143626
March 2027 135465 124357 146573
April 2027 135428 122156 148700
May 2027 135261 121870 148652
June 2027 134904 125191 144617
July 2027 134547 122976 146118
August 2027 134411 123121 145702
September 2027 134792 124817 144766
October 2027 135173 125576 144771
November 2027 135556 126338 144774
December 2027 135567 127976 143159
Portales Housing Market Forecast with Real Estate Prices for 2028
January 2028 135495 122217 148774
February 2028 135818 122643 148992
March 2028 135514 125215 145814
April 2028 135156 122722 147590
May 2028 134799 128059 141539
June 2028 135181 127881 142480
July 2028 135563 124040 147086
August 2028 135947 128606 143288
September 2028 136332 126380 146284
October 2028 136718 129062 144374
November 2028 136357 126812 145902
December 2028 135996 124437 147556
Portales Housing Market Forecast with Real Estate Prices for 2029
January 2029 135637 126142 145131
February 2029 135352 124118 146587
March 2029 135136 125407 144866
April 2029 135235 126715 143755
May 2029 135618 124497 146738
June 2029 136002 127026 144978
July 2029 136387 125203 147571
August 2029 136230 125604 146856
September 2029 135869 122962 148777
October 2029 135510 128193 142828
November 2029 135152 125556 144748
December 2029 134795 122933 146657
Portales Housing Market Forecast with Real Estate Prices for 2030
January 2030 134438 126775 142101
February 2030 134083 122015 146150
March 2030 133810 122704 144917
April 2030 134189 121710 146669
May 2030 134008 121277 146739
June 2030 133654 125234 142074
July 2030 133301 124903 141699
August 2030 133305 121307 145302
September 2030 133682 122854 144511
October 2030 133836 127010 140661
November 2030 134214 126430 141999
December 2030 134595 122346 146843
Portales Housing Market Forecast with Real Estate Prices for 2031
January 2031 134976 123098 146854
February 2031 135358 126018 144698
March 2031 135453 127867 143038
April 2031 135836 129044 142628
May 2031 136221 128456 143985
June 2031 136607 126361 146852
July 2031 136636 124475 148797
August 2031 136604 124720 148489
September 2031 136567 127281 145854
October 2031 136399 125214 147584
November 2031 136038 128828 143248
December 2031 135679 126588 144769
Portales Housing Market Forecast with Real Estate Prices for 2032
January 2032 135542 123885 147198
February 2032 135925 128178 143673
March 2032 136310 123497 149124
April 2032 136696 125351 148042
May 2032 136708 125497 147918
June 2032 136635 127617 145653
July 2032 136960 123675 150245

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.