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RESERVE, NM 87830

Real Estate Market Report  ·  Catron County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The RESERVE, NM real estate market (87830) currently shows 8 active listings, with 2 pending sales. Homes are averaging 240 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 240 days on market compared to 92 days last year.

The median listing price has risen 14.2% year-over-year, from $229,000 to $261,575.

Whether you are buying or selling in RESERVE, 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: 765  ·  Density: 0.4/mi²  ·  Median household income: $24,572

Typical home value: $121,323  ·  Homeownership: 67.2%

Market Overview

Active Listings
8
⇧ 166.7% vs 3 last year
Pending
2
25% pending ratio
Median Price
$261,575
⇧ 14.2% vs $229,000 last year
Average Price
$384,868
⇧ 43.6% vs $268,000 last year
Days on Market
240
⇧ 160.9% vs 92 days last year

Price Per Square Foot

Median $/sqft
$141
⇧ 0.7% vs $140/sqft last year
Median Home Size
1,996 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 3 last year
  • Days on market: 240 now vs 92 last year

Median & Average Pricing

Year over Year
  • Median: $261,575 (+14.2% YoY)
  • Average: $384,868 (+43.6% 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 71.3 miles — 88 listings ($45,409,820 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87830Reserve, NM 878300.0 mi9$3,477,807$261,625$386,423
87820Aragon, NM 8782017.3 mi3$1,869,999$895,000$623,333
85932Nutrioso, AZ 8593231.5 mi6$5,193,906$826,000$865,651
87821Datil, NM 8782140.3 mi14$4,436,558$261,250$316,897
88025Buckhorn, NM 8802541.7 mi2$865,000$432,500$432,500
88038Gila, NM 8803847.2 mi1$749,000$749,000$749,000
85938Springerville, AZ 8593850.1 mi7$3,136,630$347,475$448,090
87827Pie Town, NM 8782757.5 mi9$6,034,995$550,000$670,555
85540Morenci, AZ 8554061.6 mi1$429,900$429,900$429,900
88053Pinos Altos, NM 8805363.6 mi2$743,400$371,700$371,700
85940Vernon, AZ 8594066.6 mi17$13,636,873$825,000$802,169
85936Saint Johns, AZ 8593669.9 mi14$3,760,876$242,500$268,634
85534Duncan, AZ 8553471.3 mi3$1,074,876$394,975$358,292

Frequently Asked Questions

How many homes are for sale in RESERVE, NM 87830?

As of April 2026, there are 8 active listings in RESERVE, NM (zip code 87830), compared to 3 the prior year.

What is the median home price in RESERVE, NM 87830?

The median listing price in RESERVE, NM 87830 is $261,575 as of April 2026, a 14.2% increase from $229,000 the prior year.

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

Homes in RESERVE, NM 87830 spend an average of 240 days on the market before going under contract, compared to 92 days the prior year.

Is it a seller's or buyer's market in RESERVE, NM 87830?

Based on current inventory and days-on-market data as of April 2026, RESERVE, NM 87830 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 240 days on market compared to 92 days last year.

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

With SELL123.com's maximum 3% commission, sellers in RESERVE, NM 87830 save an estimated $5,232 compared to a typical 5% commission on the median listing price of $261,575. 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.