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WATERFLOW, NM 87421

Real Estate Market Report
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The WATERFLOW, NM real estate market (87421) currently shows 1 active listings, with 1 pending sales. Homes are averaging 24 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 24 days on market compared to 22 days last year.

The median listing price has risen 1.7% year-over-year, from $470,000 to $478,000.

Whether you are buying or selling in WATERFLOW, 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: 1,612  ·  Density: 19.0/mi²  ·  Median household income: $48,102

Typical home value: $0  ·  Homeownership: 82.8%

Market Overview

Active Listings
1
vs 1 last year
Pending
1
100% pending ratio
Median Price
$478,000
⇧ 1.7% vs $470,000 last year
Average Price
$478,000
⇧ 1.7% vs $470,000 last year
Days on Market
24
⇧ 9.1% vs 22 days last year

Price Per Square Foot

Median $/sqft
$134
⇧ 36.7% vs $98/sqft last year
Median Home Size
3,720 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 24 now vs 22 last year

Median & Average Pricing

Year over Year
  • Median: $478,000 (+1.7% YoY)
  • Average: $478,000 (+1.7% 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 67.9 miles — 263 listings ($229,009,263 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87417Kirtland, NM 8741710.8 mi3$885,000$295,000$295,000
87420Shiprock, NM 8742017.5 mi1$69,900$69,900$69,900
87402Farmington, NM 8740221.5 mi54$27,781,704$420,225$514,476
87418La Plata, NM 8741824.6 mi3$2,069,925$689,975$689,975
81326Hesperus, CO 8132634.5 mi16$64,978,640$1,545,000$4,061,165
81328Mancos, CO 8132838.2 mi18$20,585,862$779,925$1,143,659
81321Cortez, CO 8132139.4 mi79$40,184,930$442,500$508,670
81327Lewis, CO 8132751.5 mi6$5,026,998$656,250$837,833
81137Ignacio, CO 8113754.3 mi15$8,163,465$550,000$544,231
87412Blanco, NM 8741257.0 mi2$768,900$384,450$384,450
81121Arboles, CO 8112163.8 mi5$2,698,750$497,500$539,750
81320Cahone, CO 8132064.7 mi8$3,733,448$481,500$466,681
81122Bayfield, CO 8112267.9 mi53$52,061,741$711,325$982,297

Frequently Asked Questions

How many homes are for sale in WATERFLOW, NM 87421?

As of June 2026, there are 1 active listings in WATERFLOW, NM (zip code 87421), compared to 1 the prior year.

What is the median home price in WATERFLOW, NM 87421?

The median listing price in WATERFLOW, NM 87421 is $478,000 as of June 2026, a 1.7% increase from $470,000 the prior year.

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

Homes in WATERFLOW, NM 87421 spend an average of 24 days on the market before going under contract, compared to 22 days the prior year.

Is it a seller's or buyer's market in WATERFLOW, NM 87421?

Based on current inventory and days-on-market data as of June 2026, WATERFLOW, NM 87421 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 24 days on market compared to 22 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WATERFLOW, NM 87421 save an estimated $9,560 compared to a typical 5% commission on the median listing price of $478,000. 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.