Data as of September 2026. Source: Realtor.com.
The MILAN, NM real estate market (87021) currently shows 6 active listings, with 3 pending sales. Homes are averaging 95 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 95 days on market compared to 96 days last year.
The median listing price has fallen 67.7% year-over-year, from $139,143 to $45,000.
Population: 2,793 · Density: 107.5/mi² · Median household income: $37,458
Typical home value: $0 · Homeownership: 60.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 87021 | Milan, NM 87021 | 0.0 mi | 6 | $964,998 | $85,000 | $160,833 |
| 87051 | San Rafael, NM 87051 | 9.5 mi | 1 | $74,900 | $74,900 | $74,900 |
| 87045 | Prewitt, NM 87045 | 15.5 mi | 5 | $1,531,250 | $138,500 | $306,250 |
| 87323 | Thoreau, NM 87323 | 24.0 mi | 8 | $1,282,536 | $137,000 | $160,317 |
| 87321 | Ramah, NM 87321 | 30.7 mi | 10 | $4,087,190 | $391,500 | $408,719 |
| 87315 | Fence Lake, NM 87315 | 52.8 mi | 5 | $1,482,500 | $322,500 | $296,500 |
| 87326 | Vanderwagen, NM 87326 | 56.7 mi | 1 | $169,000 | $169,000 | $169,000 |
| 87121 | Albuquerque, NM 87121 | 58.5 mi | 130 | $42,621,800 | $315,000 | $327,860 |
| 87375 | Yatahey, NM 87375 | 60.3 mi | 2 | $170,000 | $85,000 | $85,000 |
| 87053 | San Ysidro, NM 87053 | 62.4 mi | 1 | $260,000 | $260,000 | $260,000 |
| 87144 | Rio Rancho, NM 87144 | 66.8 mi | 320 | $160,246,080 | $449,769 | $500,769 |
| 87002 | Belen, NM 87002 | 71.7 mi | 113 | $38,970,310 | $296,475 | $344,870 |
| 87023 | Jarales, NM 87023 | 76.2 mi | 2 | $1,798,000 | $899,000 | $899,000 |
As of September 2026, there are 6 active listings in MILAN, NM (zip code 87021), compared to 6 the prior year.
The median listing price in MILAN, NM 87021 is $45,000 as of September 2026, a 67.7% decrease from $139,143 the prior year.
Homes in MILAN, NM 87021 spend an average of 95 days on the market before going under contract, compared to 96 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MILAN, NM 87021 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 95 days on market compared to 96 days last year.
With SELL123.com's maximum 3% commission, sellers in MILAN, NM 87021 save an estimated $900 compared to a typical 5% commission on the median listing price of $45,000. 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.