Active Listings
6
⇧ 50% vs 4 last year
Data as of July 2026. Source: Realtor.com.
The MONTEZUMA, NM real estate market (87731) currently shows 6 active listings. Homes are averaging 53 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 53 days on market compared to 50 days last year.
The median listing price has fallen 75.5% year-over-year, from $1,805,000 to $442,500.
Whether you are buying or selling in MONTEZUMA, 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.
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 July 2026, there are 6 active listings in MONTEZUMA, NM (zip code 87731), compared to 4 the prior year.
The median listing price in MONTEZUMA, NM 87731 is $442,500 as of July 2026, a 75.5% decrease from $1,805,000 the prior year.
Homes in MONTEZUMA, NM 87731 spend an average of 53 days on the market before going under contract, compared to 50 days the prior year.
Based on current inventory and days-on-market data as of July 2026, MONTEZUMA, NM 87731 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 53 days on market compared to 50 days last year.
With SELL123.com's maximum 3% commission, sellers in MONTEZUMA, NM 87731 save an estimated $8,850 compared to a typical 5% commission on the median listing price of $442,500. 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.