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ILFELD, NM 87538

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

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
0
0% pending ratio
Median Price
$627,000
⇧ 25.5% vs $499,499 last year
Average Price
$627,000
⇧ 25.5% vs $499,499 last year
Days on Market
165

Market Context

Population: 441  ·  Density: 3.1/mi²  ·  Median household income: $0

Typical home value: $0  ·  Homeownership: 100.0%

Market Analysis

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

The ILFELD, NM real estate market (87538) currently shows 2 active listings. Homes are averaging 165 days on the market before going under contract.

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

The median listing price has risen 25.5% year-over-year, from $499,499 to $627,000.

Whether you are buying or selling in ILFELD, 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: 2 this year vs 1 last year

Median & Average Pricing

Year over Year
  • Median: $627,000 (+25.5% YoY)
  • Average: $627,000 (+25.5% 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 40.5 miles — 449 listings ($607,338,746 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87538Ilfeld, NM 875380.0 mi2$1,254,000$627,000$627,000
87562Rowe, NM 875628.9 mi1$539,000$539,000$539,000
87552Pecos, NM 8755213.0 mi10$7,810,000$634,500$781,000
87560Ribera, NM 8756018.6 mi3$1,719,000$550,000$573,000
87505Santa Fe, NM 8750520.7 mi135$176,379,120$837,000$1,306,512
87508Santa Fe, NM 8750823.0 mi102$94,888,764$795,000$930,282
87745Sapello, NM 8774525.4 mi5$3,561,250$599,500$712,250
87056Stanley, NM 8705630.5 mi7$6,106,100$649,500$872,300
87506Santa Fe, NM 8750633.1 mi126$291,316,662$1,990,000$2,312,037
87701Las Vegas, NM 8770133.5 mi38$12,776,854$305,000$336,233
87010Cerrillos, NM 8701034.2 mi12$7,229,196$637,000$602,433
87522Chimayo, NM 8752237.1 mi6$2,722,800$350,000$453,800
87578Truchas, NM 8757840.5 mi2$1,036,000$599,000$518,000

Frequently Asked Questions

How many homes are for sale in ILFELD, NM 87538?

As of January 2026, there are 2 active listings in ILFELD, NM (zip code 87538), compared to 1 the prior year.

What is the median home price in ILFELD, NM 87538?

The median listing price in ILFELD, NM 87538 is $627,000 as of January 2026, a 25.5% increase from $499,499 the prior year.

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

Homes in ILFELD, NM 87538 spend an average of 165 days on the market before going under contract.

Is it a seller's or buyer's market in ILFELD, NM 87538?

Based on current inventory and days-on-market data as of January 2026, ILFELD, NM 87538 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

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

With SELL123.com's maximum 3% commission, sellers in ILFELD, NM 87538 save an estimated $12,540 compared to a typical 5% commission on the median listing price of $627,000. 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.