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County Overview

San Miguel County, NM

Aggregate real estate market report across county ZIPs
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The San Miguel County, NM real estate market currently shows 79 active listings, with 19 pending sales. Homes are averaging 152 days on the market before going under contract.

Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 152 days on market compared to 128 days last year.

The median listing price has fallen 0.6% year-over-year, from $420,000 to $417,500.

Whether you are buying or selling in San Miguel County, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 27,109  ·  Density: 3.9/mi²  ·  Median household income: $42,866

Typical home value: $104,151  ·  Homeownership: 71.7%

Included Areas

Anton Chico: 87711

Conchas Dam: 88416

Garita: 88421

Ilfeld: 87538

Las Vegas: 87701

Montezuma: 87731

Pecos: 87552

Ribera: 87560

Rociada: 87742

Rowe: 87562

San Jose: 87565

Sapello: 87745

Serafina: 87569

Solano: 87746

Area Map

Market Overview

Active Listings
79
⇧ 54.9% vs 51 last year
Pending
19
24% pending ratio
Median Price
$417,500
⇩ 0.6% vs $420,000 last year
Average Price
$833,825
⇧ 28.5% vs $648,798 last year
Days on Market
152
⇧ 18.8% vs 128 days last year

Price Per Square Foot

Median $/sqft
$197
⇩ 1% vs $199/sqft last year
Median Home Size
1,584 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇧ 89.1% vs 0.1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %