Unfortunately, we don't have enough data to generate an accurate Estimate at this time.
Market trends in 87042, NM
Last updated October 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-list price
98.9%
+4.9% MoM
Median sale price
$435K
$23K MoM
Avg. days on market
10d
217 days MoM
Recently sold homes
3
1 MoM
Provided by Redfin
Sale history for 22 Rainbow Rd
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2021
$604 (−50.2%)
2020
$1,212 (+3.7%)
2019
$1,169 (+0.9%)
$22,400 + $18,467
$40,867
2018
$1,159 (+1.7%)
$22,400 + $17,299
$39,699
2017
$1,140 (−2.3%)
$22,400 + $17,299
$39,699
2016
$1,167 (+1.1%)
$22,400 + $17,299
$39,699
2015
$1,154 (−4.4%)
$22,400 + $17,299
$39,699
2014
$1,207 (+15.3%)
$22,400 + $16,858
$39,258
2013
$1,047
$22,400 + $15,737
$38,137
Tax history for 22 Rainbow Rd
Year
Property tax
Land + Additions
Assessment*
2021
$604 (−50.2%)
2020
$1,212 (+3.7%)
2019
$1,169 (+0.9%)
$22,400 + $18,467
$40,867
2018
$1,159 (+1.7%)
$22,400 + $17,299
$39,699
2017
$1,140 (−2.3%)
$22,400 + $17,299
$39,699
2016
$1,167 (+1.1%)
$22,400 + $17,299
$39,699
2015
$1,154 (−4.4%)
$22,400 + $17,299
$39,699
2014
$1,207 (+15.3%)
$22,400 + $16,858
$39,258
2013
$1,047
$22,400 + $15,737
$38,137
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-R
Rural Residential Zone
The purpose of this zone district is to provide for the development of Rural Residential areas consisting of singular dwellings and certain other uses which are compatible to the rural character of this district. Residential density shall not exceed 1 du per minimum 2 acre lot, unless otherwise provided in this Ordinance.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Infrastructure
Recreation
Park & open space
Property details
Exterior
Property Information
Subdivision Name: LAND OF VIRGIL E QUESNELL
Legal Description: SUBD: LAND OF VIRGIL E QUESNELL TRACT: 3 7.02 AC (B-5-23)
Lot Information
# of Buildings: 1
Land Sq. Ft: 305,791
School Tax District: PERALTA SCHOOL DISTRICT
Municipality Name: PERALTA SCHOOL DISTRICT
Acres: 7.02
County Use Description: RESIDENTIAL LAND
Financial
Assessor Information
Assessment Year: 2021
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 7.02 acres
Style: Other
Year Built: 1958
Year Renovated: —
County: Valencia County
APN: 1011039275340000000
Home facts updated by county records on Jan 31, 2023
Around this home
Schools
K - 12
Preschool & daycare
Peralta Elementary School
Public PreK-6 • Assigned • 0.9mi
4/10
Valencia Middle School
Public 7-8 • Assigned • 6.3mi
5/10
Valencia High School
Public 9-12 • Assigned • 6.4mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Peralta, NM • 87042
Average low and high temperatures (°F)
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21
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29
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42
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50
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84
55
75
46
61
31
57
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
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