Neighborhood Profile

Torreon

Santa Fe, NM | Santa Fe County
Scored premium profile
Best Neighborhoods USA Index
32.1
National rank: #13,083 of 14,967
Stability and Strength
28.5
Score
Value Opportunity
11.4
Score
Momentum
66.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSanta Fe, NM
CountySanta Fe County
National rank#13,083 of 14,967
State rank#210 of 222
City rank#20 of 20
County rank#20 of 20
National percentile12.6
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$568,229
Year-over-year home value change1.1%
Month-over-month home value change0.72%
Home value to income ratio19,082.39
Median household income$30
Bachelor's degree or higher39.7%
Civilian unemployment rate13.6%
Homeownership rate94.5%
Housing vacancy rate11.2%
Rent burden 30% or higher99.7%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Torreon

What is the Best Neighborhoods USA ranking for Torreon?

Torreon is ranked #20 of 20 eligible neighborhoods in Santa Fe; #210 of 222 eligible neighborhoods in NM; and #13,083 of 14,967 eligible neighborhoods in the United States.

Is Torreon one of the best neighborhoods in Santa Fe?

Torreon has a Best Neighborhoods USA Index of 32.1 and a city ranking of #20 of 20 eligible neighborhoods in Santa Fe.

How much are homes worth in Torreon?

The current Zillow Home Value Index for Torreon is approximately $568,229.

Are home values rising or falling in Torreon?

Zillow neighborhood values changed 1.1% year over year and 0.72% month over month.

What is the Neighborhood Momentum Score for Torreon?

Torreon has a Neighborhood Momentum Score of 66.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Torreon?

The NDS-derived neighborhood median household income is approximately $30.

How affordable is Torreon relative to household income?

The current Zillow home-value-to-household-income ratio is 19,082.39. Price-to-income affordability is a major Value Opportunity input.

Is Torreon primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 94.5%.

What is the unemployment rate in Torreon?

The NDS-derived civilian unemployment rate is approximately 13.6%.

How educated are residents of Torreon?

Approximately 39.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Torreon face high rent burden?

Approximately 99.7% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Torreon?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications4
Estimated originations2
Home-purchase applications1
Origination rate47.8%
Home-purchase share39.1%
Average application loan$309,778
Total application loan amount$1,093,898
National application rank#14,148 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 48.4% YoY; originations 7.3% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.