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LA PLATA, NM 87418

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

Market Overview

Active Listings
4
⇩ 20% vs 5 last year
Pending
1
25% pending ratio
Median Price
$399,000
⇩ 0.3% vs $400,000 last year
Average Price
$581,867
⇧ 33.1% vs $437,013 last year
Days on Market
148
⇧ 111.4% vs 70 days last year

Market Context

Population: 835  ·  Density: 4.9/mi²  ·  Median household income: $76,458

Typical home value: $204,376  ·  Homeownership: 94.1%

Market Analysis

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

The LA PLATA, NM real estate market (87418) currently shows 4 active listings, with 1 pending sales. Homes are averaging 148 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 148 days on market compared to 70 days last year.

The median listing price has fallen 0.3% year-over-year, from $400,000 to $399,000.

Whether you are buying or selling in LA PLATA, 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 5 last year
  • Days on market: 148 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $399,000 (-0.3% YoY)
  • Average: $581,867 (+33.1% 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 60.8 miles — 322 listings ($283,219,753 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87418La Plata, NM 874180.0 mi4$2,327,468$399,000$581,867
87402Farmington, NM 8740210.9 mi50$24,499,750$427,450$489,995
81326Hesperus, CO 8132613.7 mi16$52,693,824$1,650,000$3,293,364
87410Aztec, NM 8741015.1 mi36$35,458,596$449,900$984,961
81303Durango, CO 8130320.3 mi35$36,694,455$957,500$1,048,413
87416Fruitland, NM 8741629.8 mi2$240,000$120,000$120,000
87419Navajo Dam, NM 8741933.2 mi1$375,000$375,000$375,000
87412Blanco, NM 8741240.2 mi3$1,176,600$392,200$392,200
81321Cortez, CO 8132142.3 mi79$39,501,501$442,500$500,019
81122Bayfield, CO 8112243.5 mi52$50,515,244$703,700$971,447
81323Dolores, CO 8132348.9 mi31$31,219,914$739,500$1,007,094
81332Rico, CO 8133252.5 mi4$3,118,400$775,000$779,600
81320Cahone, CO 8132060.8 mi9$5,399,001$525,000$599,889

Frequently Asked Questions

How many homes are for sale in LA PLATA, NM 87418?

As of January 2026, there are 4 active listings in LA PLATA, NM (zip code 87418), compared to 5 the prior year.

What is the median home price in LA PLATA, NM 87418?

The median listing price in LA PLATA, NM 87418 is $399,000 as of January 2026, a 0.3% decrease from $400,000 the prior year.

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

Homes in LA PLATA, NM 87418 spend an average of 148 days on the market before going under contract, compared to 70 days the prior year.

Is it a seller's or buyer's market in LA PLATA, NM 87418?

Based on current inventory and days-on-market data as of January 2026, LA PLATA, NM 87418 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 148 days on market compared to 70 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LA PLATA, NM 87418 save an estimated $7,980 compared to a typical 5% commission on the median listing price of $399,000. 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.