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MAXWELL, NM 87728

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The MAXWELL, NM real estate market (87728) currently shows 2 active listings. Homes are averaging 6 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 selling faster, averaging 6 days on market compared to 160 days last year.

The median listing price has fallen 44.5% year-over-year, from $499,000 to $276,725.

Whether you are buying or selling in MAXWELL, 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 Context

Market Context

Population: 619  ·  Density: 2.0/mi²  ·  Median household income: $40,833

Typical home value: $84,451  ·  Homeownership: 69.1%

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
0
0% pending ratio
Median Price
$276,725
⇩ 44.5% vs $499,000 last year
Average Price
$276,725
⇩ 54.3% vs $606,000 last year
Days on Market
6
⇩ 96.3% vs 160 days last year

Price Per Square Foot

Median $/sqft
$102
⇩ 53% vs $217/sqft last year
Median Home Size
2,529 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 6 now vs 160 last year

Median & Average Pricing

Year over Year
  • Median: $276,725 (-44.5% YoY)
  • Average: $276,725 (-54.3% 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 57.0 miles — 190 listings ($122,704,008 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87728Maxwell, NM 877280.0 mi1$473,750$473,750$473,750
87747Springer, NM 8774718.9 mi1$109,000$109,000$109,000
87714Cimarron, NM 8771424.5 mi4$851,900$192,000$212,975
88422Gladstone, NM 8842238.5 mi1$1,200,000$1,200,000$1,200,000
87734Ocate, NM 8773440.7 mi2$1,274,900$637,450$637,450
81082Trinidad, CO 8108242.6 mi130$48,161,100$277,000$370,470
81024Boncarbo, CO 8102443.7 mi1$695,000$695,000$695,000
87512Amalia, NM 8751247.5 mi1$425,000$425,000$425,000
87525Taos Ski Valley, NM 8752550.1 mi17$21,637,702$795,000$1,272,806
88424Grenville, NM 8842453.5 mi1$495,000$495,000$495,000
87580Valdez, NM 8758054.5 mi6$20,971,002$1,300,000$3,495,167
87514Arroyo Seco, NM 8751456.1 mi13$23,129,574$1,375,000$1,779,198
81152San Luis, CO 8115257.0 mi12$3,280,080$230,000$273,340

Frequently Asked Questions

How many homes are for sale in MAXWELL, NM 87728?

As of March 2026, there are 2 active listings in MAXWELL, NM (zip code 87728), compared to 3 the prior year.

What is the median home price in MAXWELL, NM 87728?

The median listing price in MAXWELL, NM 87728 is $276,725 as of March 2026, a 44.5% decrease from $499,000 the prior year.

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

Homes in MAXWELL, NM 87728 spend an average of 6 days on the market before going under contract, compared to 160 days the prior year.

Is it a seller's or buyer's market in MAXWELL, NM 87728?

Based on current inventory and days-on-market data as of March 2026, MAXWELL, NM 87728 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 6 days on market compared to 160 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MAXWELL, NM 87728 save an estimated $5,535 compared to a typical 5% commission on the median listing price of $276,725. 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.