Why Live in El Rancho
El Rancho in Espanola is a neighborhood characterized by its narrow dirt roads, vast desert spaces, and mature elm trees. Homes here, ranging from Northern New Mexico-style houses built between the 1960s and 2000s to manufactured homes from the 1980s and ‘90s, often feature bright stucco exteriors, colorful metal roofs, and three-bedroom layouts. Many properties back up to the Pojoaque River and include water rights to private wells or acequias, with some residents using the land for small-scale farms, art studios, and fruit orchards. The area is surrounded by natural attractions such as the Bandelier National Monument, 25 miles west, and Nambe Falls, 16 miles east. For recreation, the Pojoaque Valley Recreation Complex is just 4 miles east, offering turf fields for baseball and soccer. While El Rancho has a few local businesses, most residents travel 4 miles west to Pojoaque for shopping and dining, including the Pojoaque Supermarket and the Pojoaque Farmers Market at the Poeh Cultural Center. Dining options range from New Mexican breakfast at the Sopaipilla Factory to fast food like Starbucks and McDonald's. The Santa Fe Plaza, known for its diverse dining scene, is 20 miles south. Major roadways include the Los Alamos Highway, leading to Los Alamos 14 miles west, and Highway 285, which connects to Santa Fe. The neighborhood is safer than the national average. Local students attend Pojoaque Valley Schools, with Pablo Roybal Elementary and Pojoaque Valley Middle School receiving high ratings.
Frequently Asked Questions
Is El Rancho a good place to live?
El Rancho is a good place to live. El Rancho is considered very car-dependent and somewhat bikeable. El Rancho has 9 parks for recreational activities. It has a median age of 46. The average household income is $96,692 which is below the national average. College graduates make up 25.3% of residents. A majority of residents in El Rancho are home owners, with 23.9% of residents renting and 76.1% of residents owning their home. A
local real estate agent serving El Rancho can help you decide if this neighborhood is the right one for you. Learn more on our
El Rancho neighborhood guide.
How much do you need to make to afford a house in El Rancho?
The median home price in El Rancho is $367,900. If you put a 20% down payment of $73,600 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,910 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $82K a year to afford the median home price in El Rancho. The average household income in El Rancho is $97K.
What are the best public schools in El Rancho?
The best public schools that serve El Rancho are:
What are the most popular zip codes in El Rancho, Espanola, NM?
What are the most popular neighborhoods near El Rancho, Espanola, NM?
Home Trends in El Rancho, NM
On average, homes in El Rancho, Espanola sell after 103 days on the market compared to the national average of 70 days. The median sale price for homes in El Rancho, Espanola over the last 12 months is $364,900.
Median Sale Price
$364,900
Median Single Family Sale Price
$364,900
Average Price Per Sq Ft
$174
Number of Homes for Sale
0
Last 12 months Home Sales
7
Median List Price
$367,900
Median Change From 1st List Price
0%
