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FENCE LAKE, NM 87315

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

Market Overview

Active Listings
4
⇧ 300% vs 1 last year
Pending
1
25% pending ratio
Median Price
$332,250
⇩ 29.6% vs $472,000 last year
Average Price
$332,625
⇩ 29.5% vs $472,000 last year
Days on Market
120
⇩ 50.6% vs 243 days last year

Market Context

Population: 223  ·  Density: 0.3/mi²  ·  Median household income: $0

Typical home value: $0  ·  Homeownership: 100.0%

Market Analysis

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

The FENCE LAKE, NM real estate market (87315) currently shows 4 active listings, with 1 pending sales. Homes are averaging 120 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 120 days on market compared to 243 days last year.

The median listing price has fallen 29.6% year-over-year, from $472,000 to $332,250.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 1 last year
  • Days on market: 120 now vs 243 last year

Median & Average Pricing

Year over Year
  • Median: $332,250 (-29.6% YoY)
  • Average: $332,625 (-29.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 67.1 miles — 138 listings ($50,276,422 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87315Fence Lake, NM 873150.0 mi4$1,330,500$332,250$332,625
87321Ramah, NM 8732129.2 mi9$4,012,587$399,000$445,843
85936Saint Johns, AZ 8593642.3 mi14$3,866,520$239,500$276,180
87326Vanderwagen, NM 8732646.2 mi0$0$169,000$169,000
87005Bluewater, NM 8700551.9 mi1$750,000$750,000$750,000
87820Aragon, NM 8782052.4 mi3$1,869,999$895,000$623,333
87821Datil, NM 8782156.7 mi13$4,714,268$325,000$362,636
85938Springerville, AZ 8593859.0 mi8$3,376,344$295,500$422,043
87301Gallup, NM 8730160.6 mi48$13,303,440$237,750$277,155
87049San Fidel, NM 8704961.7 mi1$49,000$49,000$49,000
85925Eagar, AZ 8592564.2 mi28$13,739,264$372,000$490,688
87317Gamerco, NM 8731764.4 mi1$164,500$164,500$164,500
87830Reserve, NM 8783067.1 mi8$3,100,000$289,250$387,500

Frequently Asked Questions

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

As of January 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 $332,250 as of January 2026, a 29.6% decrease from $472,000 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 120 days on the market before going under contract, compared to 243 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 January 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 120 days on market compared to 243 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 $6,645 compared to a typical 5% commission on the median listing price of $332,250. 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.