Call or Text (240) SELL-123

MIAMI, NM 87729

Real Estate Market Report  ·  Colfax County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
⇩ 66.7% vs 3 last year
Pending
0
0% pending ratio
Median Price
$569,999
⇧ 14% vs $499,900 last year
Average Price
$569,999
⇧ 21.8% vs $467,967 last year
Days on Market
⇩ 100% vs 250 days last year

Market Context

Population: 86  ·  Density: 0.4/mi²  ·  Median household income: $27,361

Typical home value: $0  ·  Homeownership: 100.0%

Market Analysis

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

The MIAMI, NM real estate market (87729) currently shows 1 active listings.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

The median listing price has risen 14% year-over-year, from $499,900 to $569,999.

Whether you are buying or selling in MIAMI, 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 MIAMI, NM 87729 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 3 last year

Median & Average Pricing

Year over Year
  • Median: $569,999 (+14% YoY)
  • Average: $569,999 (+21.8% 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 48.4 miles — 291 listings ($213,349,908 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87729Miami, NM 877290.0 mi1$569,999$569,999$569,999
87734Ocate, NM 8773418.7 mi2$1,274,900$637,450$637,450
87752Wagon Mound, NM 8775223.1 mi2$235,000$117,500$117,500
87710Angel Fire, NM 8771024.4 mi138$100,551,492$595,000$728,634
87718Eagle Nest, NM 8771831.1 mi15$8,285,355$332,500$552,357
87712Buena Vista, NM 8771236.4 mi1$1,475,000$1,475,000$1,475,000
87740Raton, NM 8774039.2 mi39$9,978,150$181,500$255,850
87558Red River, NM 8755841.4 mi28$16,227,260$562,500$579,545
87579Vadito, NM 8757944.4 mi3$4,624,899$875,000$1,541,633
87732Mora, NM 8773245.2 mi1$785,000$785,000$785,000
87580Valdez, NM 8758045.9 mi7$22,592,997$1,450,000$3,227,571
87514Arroyo Seco, NM 8751446.5 mi10$14,707,780$1,098,000$1,470,778
87529El Prado, NM 8752948.4 mi44$32,042,076$474,000$728,229

Frequently Asked Questions

How many homes are for sale in MIAMI, NM 87729?

As of January 2026, there are 1 active listings in MIAMI, NM (zip code 87729), compared to 3 the prior year.

What is the median home price in MIAMI, NM 87729?

The median listing price in MIAMI, NM 87729 is $569,999 as of January 2026, a 14% increase from $499,900 the prior year.

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

Homes in MIAMI, NM 87729 spend an average of 0 days on the market before going under contract, compared to 250 days the prior year.

Is it a seller's or buyer's market in MIAMI, NM 87729?

Based on current inventory and days-on-market data as of January 2026, MIAMI, NM 87729 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

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

With SELL123.com's maximum 3% commission, sellers in MIAMI, NM 87729 save an estimated $11,400 compared to a typical 5% commission on the median listing price of $569,999. 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.