Active Listings
6
⇩ 25% vs 8 last year
Data as of March 2026. Source: Realtor.com.
The MILAN, NM real estate market (87021) currently shows 6 active listings, with 3 pending sales. Homes are averaging 253 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 253 days on market compared to 123 days last year.
The median listing price has fallen 44.3% year-over-year, from $152,500 to $85,000.
Whether you are buying or selling in MILAN, 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.
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 March 2026, there are 6 active listings in MILAN, NM (zip code 87021), compared to 8 the prior year.
The median listing price in MILAN, NM 87021 is $85,000 as of March 2026, a 44.3% decrease from $152,500 the prior year.
Homes in MILAN, NM 87021 spend an average of 253 days on the market before going under contract, compared to 123 days the prior year.
Based on current inventory and days-on-market data as of March 2026, MILAN, NM 87021 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 253 days on market compared to 123 days last year.
With SELL123.com's maximum 3% commission, sellers in MILAN, NM 87021 save an estimated $1,700 compared to a typical 5% commission on the median listing price of $85,000. 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.