Call or Text (240) SELL-123

VELARDE, NM 87582

Real Estate Market Report  ·  Rio Arriba County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The VELARDE, NM real estate market (87582) currently shows 3 active listings, with 1 pending sales. Homes are averaging 194 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 194 days on market compared to 55 days last year.

The median listing price has fallen 9.9% year-over-year, from $548,000 to $493,500.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for VELARDE, NM 87582 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 1,055  ·  Density: 17.7/mi²  ·  Median household income: $90,504

Typical home value: $244,854  ·  Homeownership: 77.2%

Market Overview

Active Listings
3
⇩ 25% vs 4 last year
Pending
1
33% pending ratio
Median Price
$493,500
⇩ 9.9% vs $548,000 last year
Average Price
$493,500
⇩ 31.9% vs $724,933 last year
Days on Market
194
⇧ 252.7% vs 55 days last year

Price Per Square Foot

Median $/sqft
$191
⇩ 47.7% vs $365/sqft last year
Median Home Size
2,516 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 4 last year
  • Days on market: 194 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $493,500 (-9.9% YoY)
  • Average: $493,500 (-31.9% 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 30.9 miles — 149 listings ($100,074,068 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87582Velarde, NM 875820.0 mi5$2,013,875$369,900$402,775
87549Ojo Caliente, NM 875496.3 mi2$1,298,000$649,000$649,000
87548Medanales, NM 8754810.3 mi6$4,713,600$699,000$785,600
87532Espanola, NM 8753213.3 mi27$14,057,118$517,000$520,634
87578Truchas, NM 8757814.3 mi2$1,825,000$912,500$912,500
87553Penasco, NM 8755316.1 mi3$1,377,750$459,250$459,250
87521Chamisal, NM 8752117.3 mi3$870,000$290,000$290,000
87543Llano, NM 8754319.5 mi1$2,150,000$2,150,000$2,150,000
87557Ranchos De Taos, NM 8755722.5 mi65$49,872,225$713,250$767,265
87579Vadito, NM 8757924.3 mi3$4,612,500$875,000$1,537,500
87581Vallecitos, NM 8758126.5 mi1$270,000$270,000$270,000
87064Youngsville, NM 8706430.0 mi1$925,000$925,000$925,000
87544Los Alamos, NM 8754430.9 mi30$16,089,000$402,000$536,300

Frequently Asked Questions

How many homes are for sale in VELARDE, NM 87582?

As of April 2026, there are 3 active listings in VELARDE, NM (zip code 87582), compared to 4 the prior year.

What is the median home price in VELARDE, NM 87582?

The median listing price in VELARDE, NM 87582 is $493,500 as of April 2026, a 9.9% decrease from $548,000 the prior year.

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

Homes in VELARDE, NM 87582 spend an average of 194 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in VELARDE, NM 87582?

Based on current inventory and days-on-market data as of April 2026, VELARDE, NM 87582 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 194 days on market compared to 55 days last year.

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

With SELL123.com's maximum 3% commission, sellers in VELARDE, NM 87582 save an estimated $9,870 compared to a typical 5% commission on the median listing price of $493,500. 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.