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RED RIVER, NM 87558

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

Market Analysis

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

The RED RIVER, NM real estate market (87558) currently shows 55 active listings, with 18 pending sales. Homes are averaging 90 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are selling faster, averaging 90 days on market compared to 110 days last year.

The median listing price has fallen 6.8% year-over-year, from $629,500 to $586,750.

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Market Context

Market Context

Population: 1,046  ·  Density: 3.8/mi²  ·  Median household income: $0

Typical home value: $349,637  ·  Homeownership: 57.3%

Market Overview

Active Listings
55
⇧ 44.7% vs 38 last year
Pending
18
33% pending ratio
Median Price
$586,750
⇩ 6.8% vs $629,500 last year
Average Price
$642,487
⇩ 10.3% vs $715,894 last year
Days on Market
90
⇩ 18.2% vs 110 days last year

Price Per Square Foot

Median $/sqft
$367
⇩ 1.3% vs $372/sqft last year
Median Home Size
1,571 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 55 this year vs 38 last year
  • Days on market: 90 now vs 110 last year

Median & Average Pricing

Year over Year
  • Median: $586,750 (-6.8% YoY)
  • Average: $642,487 (-10.3% 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 41.5 miles — 273 listings ($200,868,687 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87558Red River, NM 875580.0 mi27$15,352,794$556,250$568,622
87718Eagle Nest, NM 8771810.4 mi15$9,714,540$425,000$647,636
87564San Cristobal, NM 8756412.4 mi1$799,000$799,000$799,000
87514Arroyo Seco, NM 8751414.7 mi13$23,129,574$1,375,000$1,779,198
87513Arroyo Hondo, NM 8751317.5 mi6$4,588,200$759,999$764,700
87529El Prado, NM 8752921.0 mi43$31,051,934$497,000$722,138
87710Angel Fire, NM 8771022.7 mi147$104,903,316$549,250$713,628
87517Carson, NM 8751729.1 mi1$289,000$289,000$289,000
81152San Luis, CO 8115231.3 mi12$3,280,080$230,000$273,340
87553Penasco, NM 8755336.9 mi3$1,377,750$459,250$459,250
87579Vadito, NM 8757938.7 mi3$4,612,500$875,000$1,537,500
87539La Madera, NM 8753938.8 mi1$1,200,000$1,200,000$1,200,000
87729Miami, NM 8772941.5 mi1$569,999$569,999$569,999

Frequently Asked Questions

How many homes are for sale in RED RIVER, NM 87558?

As of September 2026, there are 55 active listings in RED RIVER, NM (zip code 87558), compared to 38 the prior year.

What is the median home price in RED RIVER, NM 87558?

The median listing price in RED RIVER, NM 87558 is $586,750 as of September 2026, a 6.8% decrease from $629,500 the prior year.

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

Homes in RED RIVER, NM 87558 spend an average of 90 days on the market before going under contract, compared to 110 days the prior year.

Is it a seller's or buyer's market in RED RIVER, NM 87558?

Based on current inventory and days-on-market data as of September 2026, RED RIVER, NM 87558 is currently a Balanced Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are selling faster, averaging 90 days on market compared to 110 days last year.

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

With SELL123.com's maximum 3% commission, sellers in RED RIVER, NM 87558 save an estimated $11,735 compared to a typical 5% commission on the median listing price of $586,750. 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.