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LOS OJOS, NM 87551

Real Estate Market Report  ·  Rio Arriba County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
12
⇧ 300% vs 3 last year
Pending
2
17% pending ratio
Median Price
$169,950
⇩ 71.7% vs $599,900 last year
Average Price
$207,380
⇩ 53.4% vs $444,933 last year
Days on Market
85
⇧ 672.7% vs 11 days last year

Market Context

Population: 324  ·  Density: 4.2/mi²  ·  Median household income: $0

Typical home value: $0  ·  Homeownership: 100.0%

Market Analysis

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

The LOS OJOS, NM real estate market (87551) currently shows 12 active listings, with 2 pending sales. Homes are averaging 85 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 85 days on market compared to 11 days last year.

The median listing price has fallen 71.7% year-over-year, from $599,900 to $169,950.

Whether you are buying or selling in LOS OJOS, 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: 12 this year vs 3 last year
  • Days on market: 85 now vs 11 last year

Median & Average Pricing

Year over Year
  • Median: $169,950 (-71.7% YoY)
  • Average: $207,380 (-53.4% 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 50.1 miles — 89 listings ($47,506,065 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87551Los Ojos, NM 875510.0 mi12$2,488,560$169,950$207,380
87520Chama, NM 8752013.4 mi35$27,243,895$429,000$778,397
87510Abiquiu, NM 8751025.2 mi1$2,000,000$2,000,000$2,000,000
87017Gallina, NM 8701727.0 mi2$1,060,000$530,000$530,000
87581Vallecitos, NM 8758130.8 mi1$270,000$270,000$270,000
87530El Rito, NM 8753035.6 mi1$430,000$430,000$430,000
81120Antonito, CO 8112038.2 mi22$9,013,510$378,000$409,705
87012Coyote, NM 8701238.6 mi2$730,000$365,000$365,000
87027La Jara, NM 8702742.0 mi1$100,000$100,000$100,000
87549Ojo Caliente, NM 8754946.6 mi1$235,000$235,000$235,000
87537Hernandez, NM 8753747.0 mi6$2,053,500$297,000$342,250
87412Blanco, NM 8741247.2 mi3$1,176,600$392,200$392,200
81148Romeo, CO 8114850.1 mi2$705,000$352,500$352,500

Frequently Asked Questions

How many homes are for sale in LOS OJOS, NM 87551?

As of January 2026, there are 12 active listings in LOS OJOS, NM (zip code 87551), compared to 3 the prior year.

What is the median home price in LOS OJOS, NM 87551?

The median listing price in LOS OJOS, NM 87551 is $169,950 as of January 2026, a 71.7% decrease from $599,900 the prior year.

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

Homes in LOS OJOS, NM 87551 spend an average of 85 days on the market before going under contract, compared to 11 days the prior year.

Is it a seller's or buyer's market in LOS OJOS, NM 87551?

Based on current inventory and days-on-market data as of January 2026, LOS OJOS, NM 87551 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 11 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LOS OJOS, NM 87551 save an estimated $3,399 compared to a typical 5% commission on the median listing price of $169,950. 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.