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TORREON, NM 87061

Real Estate Market Report  ·  Torrance County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
⇧ 50% vs 2 last year
Pending
1
33% pending ratio
Median Price
$195,000
⇩ 63.2% vs $530,000 last year
Average Price
$276,133
⇩ 47.9% vs $530,000 last year
Days on Market
138
⇩ 57.8% vs 327 days last year

Market Context

Population: 232  ·  Density: 1.0/mi²  ·  Median household income: $38,060

Typical home value: $0  ·  Homeownership: 100.0%

Market Analysis

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

The TORREON, NM real estate market (87061) currently shows 3 active listings, with 1 pending sales. Homes are averaging 138 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 138 days on market compared to 327 days last year.

The median listing price has fallen 63.2% year-over-year, from $530,000 to $195,000.

Whether you are buying or selling in TORREON, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 2 last year
  • Days on market: 138 now vs 327 last year

Median & Average Pricing

Year over Year
  • Median: $195,000 (-63.2% YoY)
  • Average: $276,133 (-47.9% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 32.8 miles — 584 listings ($231,385,609 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87061Torreon, NM 870610.0 mi3$828,399$195,000$276,133
87068Bosque Farms, NM 8706820.2 mi7$3,585,750$514,500$512,250
87059Tijeras, NM 8705920.7 mi33$21,556,161$571,500$653,217
87032Mcintosh, NM 8703222.3 mi0$0$285,000$285,000
87062Veguita, NM 8706224.6 mi2$1,338,900$669,450$669,450
87123Albuquerque, NM 8712325.2 mi95$54,267,800$350,000$571,240
87002Belen, NM 8700225.7 mi114$38,536,560$298,000$338,040
87108Albuquerque, NM 8710827.7 mi71$21,880,141$280,250$308,171
87112Albuquerque, NM 8711228.4 mi94$33,845,546$337,450$360,059
87102Albuquerque, NM 8710230.0 mi66$20,695,092$280,000$313,562
87008Cedar Crest, NM 8700830.6 mi13$6,168,760$441,500$474,520
87035Moriarty, NM 8703532.0 mi7$2,204,860$254,940$314,980
87109Albuquerque, NM 8710932.8 mi79$26,477,640$364,950$335,160

Frequently Asked Questions

How many homes are for sale in TORREON, NM 87061?

As of January 2026, there are 3 active listings in TORREON, NM (zip code 87061), compared to 2 the prior year.

What is the median home price in TORREON, NM 87061?

The median listing price in TORREON, NM 87061 is $195,000 as of January 2026, a 63.2% decrease from $530,000 the prior year.

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

Homes in TORREON, NM 87061 spend an average of 138 days on the market before going under contract, compared to 327 days the prior year.

Is it a seller's or buyer's market in TORREON, NM 87061?

Based on current inventory and days-on-market data as of January 2026, TORREON, NM 87061 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 138 days on market compared to 327 days last year.

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

With SELL123.com's maximum 3% commission, sellers in TORREON, NM 87061 save an estimated $3,900 compared to a typical 5% commission on the median listing price of $195,000. 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.