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GRANTS, NM 87020

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The GRANTS, NM real estate market (87020) currently shows 34 active listings, with 10 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 61 days on market compared to 111 days last year.

The median listing price has fallen 12.4% year-over-year, from $192,450 to $168,500.

Whether you are buying or selling in GRANTS, 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: 10,555  ·  Density: 4.5/mi²  ·  Median household income: $57,051

Typical home value: $138,573  ·  Homeownership: 65.6%

Market Overview

Active Listings
34
⇩ 37% vs 54 last year
Pending
10
29% pending ratio
Median Price
$168,500
⇩ 12.4% vs $192,450 last year
Average Price
$212,438
⇧ 2.5% vs $207,320 last year
Days on Market
61
⇩ 45% vs 111 days last year

Price Per Square Foot

Median $/sqft
$124
⇧ 10.7% vs $112/sqft last year
Median Home Size
1,577 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 34 this year vs 54 last year
  • Days on market: 61 now vs 111 last year

Median & Average Pricing

Year over Year
  • Median: $168,500 (-12.4% YoY)
  • Average: $212,438 (+2.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 78.2 miles — 456 listings ($182,857,874 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87020Grants, NM 870200.0 mi29$5,599,465$169,000$193,085
87021Milan, NM 870219.8 mi6$964,998$85,000$160,833
87049San Fidel, NM 8704918.4 mi1$49,000$49,000$49,000
87321Ramah, NM 8732127.1 mi10$4,087,190$391,500$408,719
87323Thoreau, NM 8732330.5 mi8$1,282,536$137,000$160,317
87827Pie Town, NM 8782749.3 mi9$6,034,995$550,000$670,555
87326Vanderwagen, NM 8732656.1 mi1$169,000$169,000$169,000
87121Albuquerque, NM 8712159.5 mi130$42,621,800$315,000$327,860
87124Rio Rancho, NM 8712465.5 mi223$108,470,768$428,000$486,416
87013Cuba, NM 8701366.9 mi2$549,900$274,950$274,950
87829Quemado, NM 8782969.1 mi17$4,970,664$277,500$292,392
87006Bosque, NM 8700673.4 mi6$3,621,000$494,500$603,500
87821Datil, NM 8782178.2 mi14$4,436,558$261,250$316,897

Frequently Asked Questions

How many homes are for sale in GRANTS, NM 87020?

As of March 2026, there are 34 active listings in GRANTS, NM (zip code 87020), compared to 54 the prior year.

What is the median home price in GRANTS, NM 87020?

The median listing price in GRANTS, NM 87020 is $168,500 as of March 2026, a 12.4% decrease from $192,450 the prior year.

How long do homes stay on the market in GRANTS, NM?

Homes in GRANTS, NM 87020 spend an average of 61 days on the market before going under contract, compared to 111 days the prior year.

Is it a seller's or buyer's market in GRANTS, NM 87020?

Based on current inventory and days-on-market data as of March 2026, GRANTS, NM 87020 is currently a Seller's Market. Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 61 days on market compared to 111 days last year.

How much can I save on real estate commission in GRANTS, NM?

With SELL123.com's maximum 3% commission, sellers in GRANTS, NM 87020 save an estimated $3,370 compared to a typical 5% commission on the median listing price of $168,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.