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TRUTH OR CONSEQUENCES, NM 87901

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

Market Analysis

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

The TRUTH OR CONSEQUENCES, NM real estate market (87901) currently shows 48 active listings, with 10 pending sales. Homes are averaging 86 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 86 days on market compared to 70 days last year.

The median listing price has fallen 7.1% year-over-year, from $221,750 to $206,000.

Whether you are buying or selling in TRUTH OR CONSEQUENCES, 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: 6,264  ·  Density: 2.2/mi²  ·  Median household income: $28,039

Typical home value: $104,642  ·  Homeownership: 62.3%

Market Overview

Active Listings
48
⇧ 37.1% vs 35 last year
Pending
10
21% pending ratio
Median Price
$206,000
⇩ 7.1% vs $221,750 last year
Average Price
$248,993
⇩ 6.6% vs $266,705 last year
Days on Market
86
⇧ 22.9% vs 70 days last year

Price Per Square Foot

Median $/sqft
$149
⇩ 12.4% vs $170/sqft last year
Median Home Size
1,456 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 48 this year vs 35 last year
  • Days on market: 86 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $206,000 (-7.1% YoY)
  • Average: $248,993 (-6.6% 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 64.7 miles — 619 listings ($244,991,189 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87901Truth Or Consequences, NM 879010.0 mi49$12,562,718$209,450$256,382
87942Williamsburg, NM 8794224.4 mi8$2,621,336$364,500$327,667
87939Monticello, NM 8793925.5 mi1$525,000$525,000$525,000
87936Garfield, NM 8793632.4 mi1$125,000$125,000$125,000
88042Hillsboro, NM 8804240.5 mi8$3,424,896$457,500$428,112
87943Winston, NM 8794342.5 mi3$447,000$149,000$149,000
87832San Antonio, NM 8783247.1 mi4$771,332$230,000$192,833
88052Organ, NM 8805255.7 mi3$510,000$170,000$170,000
88041Hanover, NM 8804157.7 mi5$3,082,500$490,000$616,500
88011Las Cruces, NM 8801159.5 mi297$147,638,403$411,500$497,099
88049Mimbres, NM 8804961.4 mi15$5,573,370$338,750$371,558
88310Alamogordo, NM 8831063.5 mi213$64,370,730$262,200$302,210
87825Magdalena, NM 8782564.7 mi12$3,338,904$281,950$278,242

Frequently Asked Questions

How many homes are for sale in TRUTH OR CONSEQUENCES, NM 87901?

As of April 2026, there are 48 active listings in TRUTH OR CONSEQUENCES, NM (zip code 87901), compared to 35 the prior year.

What is the median home price in TRUTH OR CONSEQUENCES, NM 87901?

The median listing price in TRUTH OR CONSEQUENCES, NM 87901 is $206,000 as of April 2026, a 7.1% decrease from $221,750 the prior year.

How long do homes stay on the market in TRUTH OR CONSEQUENCES, NM?

Homes in TRUTH OR CONSEQUENCES, NM 87901 spend an average of 86 days on the market before going under contract, compared to 70 days the prior year.

Is it a seller's or buyer's market in TRUTH OR CONSEQUENCES, NM 87901?

Based on current inventory and days-on-market data as of April 2026, TRUTH OR CONSEQUENCES, NM 87901 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 86 days on market compared to 70 days last year.

How much can I save on real estate commission in TRUTH OR CONSEQUENCES, NM?

With SELL123.com's maximum 3% commission, sellers in TRUTH OR CONSEQUENCES, NM 87901 save an estimated $4,120 compared to a typical 5% commission on the median listing price of $206,000. 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.