$132,500
- 2 Beds
- 2 Baths
- 1,350 Sq Ft
1431 Colonial Pkwy, Clovis, NM 88101
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Portales, NM, a small city near the Texas border, is characterized by its agricultural roots and the influence of Eastern New Mexico University (ENMU) and Cannon Air Force Base. With a population that swells from 12,000 to 17,000 during the school year, the city has a significant number of renters. The downtown area features the Roosevelt County Courthouse, an Art Deco building, and a mix of businesses including secondhand stores, western wear shops, and eateries like the Courthouse Cafe and Roosevelt Brewing Company. Portales hosts several community events such as the Peanut Valley Festival, Heritage Days Parade, and the Roosevelt County Fair. ENMU adds to the local culture with sports events and attractions like the Blackwater Draw Museum. Housing in Portales includes one-story homes with brick or stucco exteriors, set along wide streets without sidewalks. The city offers several parks and is close to Oasis State Park, which provides hiking, camping, and fishing opportunities. For more extensive entertainment options, residents often travel to nearby Clovis. Highway 70 connects Portales to Cannon Air Force Base and Clovis, both under 20 miles away, and Lubbock, Texas, 100 miles away. The climate is marked by hot summers, cold winters, and occasional droughts, with water restrictions sometimes in place.
On average, homes in Portales, NM sell after 86 days on the market compared to the national average of 52 days. The median sale price for homes in Portales, NM over the last 12 months is $130,000, down 31% from the median home sale price over the previous 12 months.