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MONTICELLO, NM 87939

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

Market Analysis

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

The MONTICELLO, NM real estate market (87939) currently shows 1 active listings. Homes are averaging 156 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 156 days on market compared to 110 days last year.

The median listing price has risen 68% year-over-year, from $312,450 to $525,000.

Whether you are buying or selling in MONTICELLO, 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: 267  ·  Density: 0.4/mi²  ·  Median household income: $111,004

Typical home value: $0  ·  Homeownership: 100.0%

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$525,000
⇧ 68% vs $312,450 last year
Average Price
$525,000
⇧ 68% vs $312,450 last year
Days on Market
156
⇧ 41.8% vs 110 days last year

Price Per Square Foot

Median $/sqft
$202
⇧ 40.3% vs $144/sqft last year
Median Home Size
2,597 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 156 now vs 110 last year

Median & Average Pricing

Year over Year
  • Median: $525,000 (+68% YoY)
  • Average: $525,000 (+68% 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
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 66.1 miles — 470 listings ($158,855,758 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87939Monticello, NM 879390.0 mi1$525,000$525,000$525,000
87943Winston, NM 8794318.4 mi3$447,000$149,000$149,000
87901Truth Or Consequences, NM 8790125.5 mi49$12,562,718$209,450$256,382
87930Arrey, NM 8793038.3 mi1$365,000$365,000$365,000
88042Hillsboro, NM 8804242.6 mi8$3,424,896$457,500$428,112
87936Garfield, NM 8793645.2 mi1$125,000$125,000$125,000
87801Socorro, NM 8780150.1 mi28$7,898,436$228,725$282,087
88054Radium Springs, NM 8805455.3 mi1$550,000$550,000$550,000
87937Hatch, NM 8793756.4 mi3$523,500$174,500$174,500
88053Pinos Altos, NM 8805360.4 mi2$743,400$371,700$371,700
88023Bayard, NM 8802363.3 mi1$119,900$119,900$119,900
88026Santa Clara, NM 8802664.1 mi8$968,800$120,000$121,100
88012Las Cruces, NM 8801266.1 mi364$130,602,108$338,606$358,797

Frequently Asked Questions

How many homes are for sale in MONTICELLO, NM 87939?

As of March 2026, there are 1 active listings in MONTICELLO, NM (zip code 87939), compared to 1 the prior year.

What is the median home price in MONTICELLO, NM 87939?

The median listing price in MONTICELLO, NM 87939 is $525,000 as of March 2026, a 68% increase from $312,450 the prior year.

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

Homes in MONTICELLO, NM 87939 spend an average of 156 days on the market before going under contract, compared to 110 days the prior year.

Is it a seller's or buyer's market in MONTICELLO, NM 87939?

Based on current inventory and days-on-market data as of March 2026, MONTICELLO, NM 87939 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 156 days on market compared to 110 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MONTICELLO, NM 87939 save an estimated $10,500 compared to a typical 5% commission on the median listing price of $525,000. 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.