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County Overview

Sierra County, NM

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

Market Analysis

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

The Sierra County, NM real estate market currently shows 120 active listings, with 22 pending sales. Homes are averaging 96 days on the market before going under contract.

Inventory has increased compared to last year, with 48 more homes available — giving buyers more choice.

The median listing price has fallen 24.5% year-over-year, from $349,500 to $264,000.

Whether you are buying or selling in Sierra 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: 11,486  ·  Density: 4.6/mi²  ·  Median household income: $30,559

Typical home value: $85,044  ·  Homeownership: 72.4%

Included Areas

Arrey: 87930

Caballo: 87931

Derry: 87933

Elephant Butte: 87935

Hillsboro: 88042

Monticello: 87939

Truth Or Consequences: 87901

Williamsburg: 87942

Winston: 87943

Area Map

Market Overview

Active Listings
120
⇧ 66.7% vs 72 last year
Pending
22
18% pending ratio
Median Price
$264,000
⇩ 24.5% vs $349,500 last year
Average Price
$331,399
⇩ 14.1% vs $385,890 last year
Days on Market
96
vs 96 days last year

Price Per Square Foot

Median $/sqft
$168
⇩ 13% vs $193/sqft last year
Median Home Size
1,572 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%
⇩ 8.9% 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 %