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OCATE, NM 87734

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

Market Overview

Active Listings
2
Pending
0
0% pending ratio
Median Price
$637,450
⇧ 10.9% vs $575,000 last year
Average Price
$637,450
⇧ 10.9% vs $575,000 last year
Days on Market
37

Market Context

Population: 337  ·  Density: 1.0/mi²  ·  Median household income: $25,417

Typical home value: $0  ·  Homeownership: 82.4%

Market Analysis

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

The OCATE, NM real estate market (87734) currently shows 2 active listings. Homes are averaging 37 days on the market before going under contract.

The median listing price has risen 10.9% year-over-year, from $575,000 to $637,450.

Whether you are buying or selling in OCATE, 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 Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year
  • Median: $637,450 (+10.9% YoY)
  • Average: $637,450 (+10.9% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 38.3 miles — 191 listings ($153,140,540 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87734Ocate, NM 877340.0 mi2$1,274,900$637,450$637,450
87736Rainsville, NM 8773614.2 mi1$275,000$275,000$275,000
87729Miami, NM 8772918.7 mi1$569,999$569,999$569,999
87712Buena Vista, NM 8771220.7 mi1$1,475,000$1,475,000$1,475,000
87732Mora, NM 8773226.4 mi1$785,000$785,000$785,000
87571Taos, NM 8757127.9 mi104$86,128,848$695,000$828,162
87745Sapello, NM 8774528.3 mi5$3,561,250$599,500$712,250
87718Eagle Nest, NM 8771830.6 mi15$8,285,355$332,500$552,357
87543Llano, NM 8754331.9 mi1$2,150,000$2,150,000$2,150,000
87553Penasco, NM 8755335.0 mi2$898,000$449,000$449,000
87529El Prado, NM 8752936.9 mi44$32,042,076$474,000$728,229
87514Arroyo Seco, NM 8751437.4 mi10$14,707,780$1,098,000$1,470,778
87747Springer, NM 8774738.3 mi4$987,332$142,000$246,833

Frequently Asked Questions

How many homes are for sale in OCATE, NM 87734?

As of January 2026, there are 2 active listings in OCATE, NM (zip code 87734).

What is the median home price in OCATE, NM 87734?

The median listing price in OCATE, NM 87734 is $637,450 as of January 2026, a 10.9% increase from $575,000 the prior year.

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

Homes in OCATE, NM 87734 spend an average of 37 days on the market before going under contract.

Is it a seller's or buyer's market in OCATE, NM 87734?

Based on current inventory and days-on-market data as of January 2026, OCATE, NM 87734 is currently a Balanced Market.

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

With SELL123.com's maximum 3% commission, sellers in OCATE, NM 87734 save an estimated $12,749 compared to a typical 5% commission on the median listing price of $637,450. 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.