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 4 Rainbow Rd
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$492 (+20.4%)
$12,697 + $33
$12,730
2024
$409 (−1.1%)
$12,358 + $2
$12,360
2023
$414 (+3.5%)
$12,000 + $76
$12,076
2022
$400 (−3.2%)
$12,000 + $54
$12,054
2021
$413 (−4.0%)
$12,000 + $54
$12,054
2020
$430 (+1.4%)
$12,360 + $47
$12,407
2019
$424 (+0.9%)
$12,000 + $767
$12,767
2018
$421 (+1.6%)
$12,000 + $634
$12,634
2017
$414 (+1.7%)
$12,000 + $634
$12,634
2016
$407 (−0.7%)
$12,000 + $634
$12,634
2015
$410 (−8.2%)
$12,000 + $634
$12,634
2014
$447 (+12.8%)
$12,000 + $634
$12,634
2013
$396
$12,000 + $634
$12,634
Tax history for 4 Rainbow Rd
Year
Property tax
Land + Additions
Assessment*
2025
$492 (+20.4%)
$12,697 + $33
$12,730
2024
$409 (−1.1%)
$12,358 + $2
$12,360
2023
$414 (+3.5%)
$12,000 + $76
$12,076
2022
$400 (−3.2%)
$12,000 + $54
$12,054
2021
$413 (−4.0%)
$12,000 + $54
$12,054
2020
$430 (+1.4%)
$12,360 + $47
$12,407
2019
$424 (+0.9%)
$12,000 + $767
$12,767
2018
$421 (+1.6%)
$12,000 + $634
$12,634
2017
$414 (+1.7%)
$12,000 + $634
$12,634
2016
$407 (−0.7%)
$12,000 + $634
$12,634
2015
$410 (−8.2%)
$12,000 + $634
$12,634
2014
$447 (+12.8%)
$12,000 + $634
$12,634
2013
$396
$12,000 + $634
$12,634
*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 RAY SMITH
Legal Description: SUBD: LAND OF RAY SMITH TRACT: 1A
Lot Information
Land Sq. Ft: 48,352
School Tax District: PERALTA SCHOOL DISTRICT
Municipality Name: PERALTA SCHOOL DISTRICT
Acres: 1.11
County Use Description: RESIDENTIAL LAND
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 1.11 acres
Style: Other
Year Built: —
Year Renovated: —
County: Valencia County
APN: 1011039237395000000
Home facts updated by county records on Oct 7, 2026
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 • 6.4mi
5/10
Valencia High School
Public 9-12 • Assigned • 6.5mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 22-32% chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 97° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Peralta, NM • 87042
Average low and high temperatures (°F)
50
21
65
29
72
36
75
42
82
50
93
61
95
64
94
63
84
55
75
46
61
31
57
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
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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