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FENCE LAKE, NM 87315

Real Estate Market Report  ·  Cibola County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The FENCE LAKE, NM real estate market (87315) currently shows 4 active listings, with 1 pending sales. Homes are averaging 208 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 208 days on market compared to 302 days last year.

The median listing price has fallen 15.1% year-over-year, from $465,000 to $395,000.

Whether you are buying or selling in FENCE LAKE, 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: 223  ·  Density: 0.3/mi²  ·  Median household income: $0

Typical home value: $0  ·  Homeownership: 100.0%

Market Overview

Active Listings
4
⇧ 300% vs 1 last year
Pending
1
25% pending ratio
Median Price
$395,000
⇩ 15.1% vs $465,000 last year
Average Price
$353,667
⇩ 23.9% vs $465,000 last year
Days on Market
208
⇩ 31.1% vs 302 days last year

Price Per Square Foot

Median $/sqft
$231
⇧ 63.8% vs $141/sqft last year
Median Home Size
1,080 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 1 last year
  • Days on market: 208 now vs 302 last year

Median & Average Pricing

Year over Year
  • Median: $395,000 (-15.1% YoY)
  • Average: $353,667 (-23.9% 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
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 68.1 miles — 156 listings ($57,662,110 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87315Fence Lake, NM 873150.0 mi5$1,482,500$322,500$296,500
87321Ramah, NM 8732129.2 mi10$4,087,190$391,500$408,719
85936Saint Johns, AZ 8593642.3 mi14$3,760,876$242,500$268,634
87326Vanderwagen, NM 8732646.2 mi1$169,000$169,000$169,000
87005Bluewater, NM 8700551.9 mi1$699,900$699,900$699,900
87820Aragon, NM 8782052.4 mi3$1,869,999$895,000$623,333
87821Datil, NM 8782156.7 mi14$4,436,558$261,250$316,897
85938Springerville, AZ 8593859.0 mi7$3,136,630$347,475$448,090
87301Gallup, NM 8730160.6 mi53$14,739,353$246,350$278,101
87049San Fidel, NM 8704961.7 mi1$49,000$49,000$49,000
85925Eagar, AZ 8592564.2 mi36$17,146,584$359,900$476,294
85920Alpine, AZ 8592066.0 mi10$6,019,520$569,625$601,952
86502Chambers, AZ 8650268.1 mi1$65,000$65,000$65,000

Frequently Asked Questions

How many homes are for sale in FENCE LAKE, NM 87315?

As of March 2026, there are 4 active listings in FENCE LAKE, NM (zip code 87315), compared to 1 the prior year.

What is the median home price in FENCE LAKE, NM 87315?

The median listing price in FENCE LAKE, NM 87315 is $395,000 as of March 2026, a 15.1% decrease from $465,000 the prior year.

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

Homes in FENCE LAKE, NM 87315 spend an average of 208 days on the market before going under contract, compared to 302 days the prior year.

Is it a seller's or buyer's market in FENCE LAKE, NM 87315?

Based on current inventory and days-on-market data as of March 2026, FENCE LAKE, NM 87315 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 208 days on market compared to 302 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FENCE LAKE, NM 87315 save an estimated $7,900 compared to a typical 5% commission on the median listing price of $395,000. 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.