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SPRINGER, NM 87747

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

Market Analysis

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

The SPRINGER, NM real estate market (87747) currently shows 5 active listings, with 1 pending sales. Homes are averaging 105 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 105 days on market compared to 57 days last year.

The median listing price has risen 21.7% year-over-year, from $133,450 to $162,425.

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Market Context

Market Context

Population: 1,682  ·  Density: 0.9/mi²  ·  Median household income: $52,813

Typical home value: $113,575  ·  Homeownership: 75.8%

Market Overview

Active Listings
5
⇩ 16.7% vs 6 last year
Pending
1
20% pending ratio
Median Price
$162,425
⇧ 21.7% vs $133,450 last year
Average Price
$169,003
⇧ 27.6% vs $132,483 last year
Days on Market
105
⇧ 84.2% vs 57 days last year

Price Per Square Foot

Median $/sqft
$98
⇩ 7.5% vs $106/sqft last year
Median Home Size
1,833 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 6 last year
  • Days on market: 105 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $162,425 (+21.7% YoY)
  • Average: $169,003 (+27.6% 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 63.7 miles — 387 listings ($199,806,264 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87747Springer, NM 877470.0 mi1$109,000$109,000$109,000
87729Miami, NM 8772920.4 mi1$569,999$569,999$569,999
87752Wagon Mound, NM 8775226.0 mi2$235,000$117,500$117,500
87714Cimarron, NM 8771431.0 mi4$851,900$192,000$212,975
87710Angel Fire, NM 8771044.2 mi147$104,903,316$549,250$713,628
87718Eagle Nest, NM 8771847.2 mi15$9,714,540$425,000$647,636
87736Rainsville, NM 8773649.2 mi1$265,000$265,000$265,000
87558Red River, NM 8755857.5 mi27$15,352,794$556,250$568,622
81082Trinidad, CO 8108258.4 mi130$48,161,100$277,000$370,470
87745Sapello, NM 8774560.6 mi3$2,199,000$549,000$733,000
81024Boncarbo, CO 8102461.9 mi1$695,000$695,000$695,000
88415Clayton, NM 8841562.2 mi12$2,287,296$179,000$190,608
87701Las Vegas, NM 8770163.7 mi43$14,462,319$312,500$336,333

Frequently Asked Questions

How many homes are for sale in SPRINGER, NM 87747?

As of September 2026, there are 5 active listings in SPRINGER, NM (zip code 87747), compared to 6 the prior year.

What is the median home price in SPRINGER, NM 87747?

The median listing price in SPRINGER, NM 87747 is $162,425 as of September 2026, a 21.7% increase from $133,450 the prior year.

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

Homes in SPRINGER, NM 87747 spend an average of 105 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in SPRINGER, NM 87747?

Based on current inventory and days-on-market data as of September 2026, SPRINGER, NM 87747 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 105 days on market compared to 57 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SPRINGER, NM 87747 save an estimated $3,249 compared to a typical 5% commission on the median listing price of $162,425. 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.