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SAPELLO, NM 87745

Real Estate Market Report  ·  San Miguel County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The SAPELLO, NM real estate market (87745) currently shows 3 active listings, with 1 pending sales. Homes are averaging 106 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 selling faster, averaging 106 days on market compared to 174 days last year.

The median listing price has fallen 27.8% year-over-year, from $760,000 to $549,000.

Whether you are buying or selling in SAPELLO, 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: 1,067  ·  Density: 2.3/mi²  ·  Median household income: $56,628

Typical home value: $0  ·  Homeownership: 100.0%

Market Overview

Active Listings
3
⇧ 200% vs 1 last year
Pending
1
33% pending ratio
Median Price
$549,000
⇩ 27.8% vs $760,000 last year
Average Price
$733,000
⇩ 3.6% vs $760,000 last year
Days on Market
106
⇩ 39.1% vs 174 days last year

Price Per Square Foot

Median $/sqft
$417
⇧ 3.2% vs $404/sqft last year
Median Home Size
1,512 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 1 last year
  • Days on market: 106 now vs 174 last year

Median & Average Pricing

Year over Year
  • Median: $549,000 (-27.8% YoY)
  • Average: $733,000 (-3.6% 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 39.0 miles — 202 listings ($185,925,798 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87745Sapello, NM 877450.0 mi3$2,199,000$549,000$733,000
87731Montezuma, NM 877319.4 mi3$2,187,000$729,000$729,000
87736Rainsville, NM 8773614.2 mi1$265,000$265,000$265,000
87715Cleveland, NM 8771518.3 mi1$190,000$190,000$190,000
87722Guadalupita, NM 8772223.6 mi1$275,000$275,000$275,000
87701Las Vegas, NM 8770125.4 mi43$14,462,319$312,500$336,333
87565San Jose, NM 8756527.0 mi1$549,000$549,000$549,000
87579Vadito, NM 8757928.9 mi3$4,612,500$875,000$1,537,500
87535Glorieta, NM 8753531.0 mi4$2,390,000$597,500$597,500
87578Truchas, NM 8757834.0 mi2$1,825,000$912,500$912,500
87562Rowe, NM 8756234.2 mi1$629,000$629,000$629,000
87505Santa Fe, NM 8750535.7 mi137$156,106,979$753,750$1,139,467
87752Wagon Mound, NM 8775239.0 mi2$235,000$117,500$117,500

Frequently Asked Questions

How many homes are for sale in SAPELLO, NM 87745?

As of March 2026, there are 3 active listings in SAPELLO, NM (zip code 87745), compared to 1 the prior year.

What is the median home price in SAPELLO, NM 87745?

The median listing price in SAPELLO, NM 87745 is $549,000 as of March 2026, a 27.8% decrease from $760,000 the prior year.

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

Homes in SAPELLO, NM 87745 spend an average of 106 days on the market before going under contract, compared to 174 days the prior year.

Is it a seller's or buyer's market in SAPELLO, NM 87745?

Based on current inventory and days-on-market data as of March 2026, SAPELLO, NM 87745 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 106 days on market compared to 174 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SAPELLO, NM 87745 save an estimated $10,980 compared to a typical 5% commission on the median listing price of $549,000. 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.