Active Listings
6
⇧ 500% vs 1 last year
Data as of September 2026. Source: Realtor.com.
The MONTEZUMA, NM real estate market (87731) currently shows 6 active listings, with 1 pending sales. Homes are averaging 116 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 116 days on market compared to 77 days last year.
The median listing price has risen 37.5% year-over-year, from $360,000 to $495,000.
Population: 511 · Density: 2.5/mi² · Median household income: $27,306
Typical home value: $0 · Homeownership: 90.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 87731 | Montezuma, NM 87731 | 0.0 mi | 3 | $2,187,000 | $729,000 | $729,000 |
| 87742 | Rociada, NM 87742 | 11.9 mi | 9 | $4,124,250 | $407,000 | $458,250 |
| 87538 | Ilfeld, NM 87538 | 16.5 mi | 2 | $1,254,000 | $627,000 | $627,000 |
| 87712 | Buena Vista, NM 87712 | 17.4 mi | 1 | $1,475,000 | $1,475,000 | $1,475,000 |
| 87565 | San Jose, NM 87565 | 18.7 mi | 1 | $549,000 | $549,000 | $549,000 |
| 87715 | Cleveland, NM 87715 | 21.8 mi | 1 | $190,000 | $190,000 | $190,000 |
| 87562 | Rowe, NM 87562 | 25.1 mi | 1 | $629,000 | $629,000 | $629,000 |
| 87505 | Santa Fe, NM 87505 | 27.0 mi | 137 | $156,106,979 | $753,750 | $1,139,467 |
| 87722 | Guadalupita, NM 87722 | 30.6 mi | 1 | $275,000 | $275,000 | $275,000 |
| 87522 | Chimayo, NM 87522 | 31.0 mi | 6 | $2,700,000 | $350,000 | $450,000 |
| 87521 | Chamisal, NM 87521 | 31.4 mi | 3 | $870,000 | $290,000 | $290,000 |
| 87506 | Santa Fe, NM 87506 | 32.9 mi | 120 | $269,643,600 | $1,971,250 | $2,247,030 |
| 87560 | Ribera, NM 87560 | 33.6 mi | 3 | $1,719,000 | $550,000 | $573,000 |
As of September 2026, there are 6 active listings in MONTEZUMA, NM (zip code 87731), compared to 1 the prior year.
The median listing price in MONTEZUMA, NM 87731 is $495,000 as of September 2026, a 37.5% increase from $360,000 the prior year.
Homes in MONTEZUMA, NM 87731 spend an average of 116 days on the market before going under contract, compared to 77 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MONTEZUMA, NM 87731 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 116 days on market compared to 77 days last year.
With SELL123.com's maximum 3% commission, sellers in MONTEZUMA, NM 87731 save an estimated $9,900 compared to a typical 5% commission on the median listing price of $495,000. 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.