Population: 1,055 · Density: 17.7/mi² · Median household income: $90,504
Typical home value: $244,854 · Homeownership: 77.2%
Data as of January 2026. Source: Realtor.com.
The VELARDE, NM real estate market (87582) currently shows 5 active listings, with 2 pending sales. Homes are averaging 222 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 222 days on market compared to 156 days last year.
The median listing price has fallen 65.1% year-over-year, from $967,000 to $337,500.
Whether you are buying or selling in VELARDE, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 87582 | Velarde, NM 87582 | 0.0 mi | 5 | $1,796,335 | $337,500 | $359,267 |
| 87549 | Ojo Caliente, NM 87549 | 6.3 mi | 1 | $235,000 | $235,000 | $235,000 |
| 87548 | Medanales, NM 87548 | 10.3 mi | 5 | $4,223,000 | $699,000 | $844,600 |
| 87532 | Espanola, NM 87532 | 13.3 mi | 25 | $12,425,700 | $515,000 | $497,028 |
| 87578 | Truchas, NM 87578 | 14.3 mi | 2 | $1,036,000 | $599,000 | $518,000 |
| 87553 | Penasco, NM 87553 | 16.1 mi | 2 | $898,000 | $449,000 | $449,000 |
| 87521 | Chamisal, NM 87521 | 17.3 mi | 3 | $1,604,001 | $305,000 | $534,667 |
| 87543 | Llano, NM 87543 | 19.5 mi | 1 | $2,150,000 | $2,150,000 | $2,150,000 |
| 87506 | Santa Fe, NM 87506 | 23.0 mi | 126 | $291,316,662 | $1,990,000 | $2,312,037 |
| 87547 | White Rock, NM 87547 | 26.3 mi | 32 | $25,222,752 | $775,000 | $788,211 |
| 87529 | El Prado, NM 87529 | 27.9 mi | 44 | $32,042,076 | $474,000 | $728,229 |
| 87510 | Abiquiu, NM 87510 | 30.3 mi | 1 | $2,000,000 | $2,000,000 | $2,000,000 |
| 87573 | Tererro, NM 87573 | 31.1 mi | 1 | $5,680,000 | $5,680,000 | $5,680,000 |
As of January 2026, there are 5 active listings in VELARDE, NM (zip code 87582), compared to 2 the prior year.
The median listing price in VELARDE, NM 87582 is $337,500 as of January 2026, a 65.1% decrease from $967,000 the prior year.
Homes in VELARDE, NM 87582 spend an average of 222 days on the market before going under contract, compared to 156 days the prior year.
Based on current inventory and days-on-market data as of January 2026, VELARDE, NM 87582 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 222 days on market compared to 156 days last year.
With SELL123.com's maximum 3% commission, sellers in VELARDE, NM 87582 save an estimated $6,750 compared to a typical 5% commission on the median listing price of $337,500. 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.