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BAYARD, NM 88023

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The BAYARD, NM real estate market (88023) currently shows 3 active listings. Homes are averaging 17 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 17 days on market compared to 111 days last year.

The median listing price has risen 4.3% year-over-year, from $115,000 to $119,900.

Whether you are buying or selling in BAYARD, 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: 2,184  ·  Density: 17.2/mi²  ·  Median household income: $35,742

Typical home value: $101,157  ·  Homeownership: 64.6%

Market Overview

Active Listings
3
⇩ 57.1% vs 7 last year
Pending
0
0% pending ratio
Median Price
$119,900
⇧ 4.3% vs $115,000 last year
Average Price
$109,633
⇩ 0.7% vs $110,380 last year
Days on Market
17
⇩ 84.7% vs 111 days last year

Price Per Square Foot

Median $/sqft
$75
⇩ 10.7% vs $84/sqft last year
Median Home Size
1,352 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 7 last year
  • Days on market: 17 now vs 111 last year

Median & Average Pricing

Year over Year
  • Median: $119,900 (+4.3% YoY)
  • Average: $109,633 (-0.7% 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 61.7 miles — 295 listings ($94,291,243 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88023Bayard, NM 880230.0 mi1$119,900$119,900$119,900
88043Hurley, NM 880437.1 mi10$1,495,560$172,250$149,556
88034Faywood, NM 8803411.0 mi0$0$429,000$429,000
88065Tyrone, NM 8806513.1 mi10$2,039,050$195,500$203,905
88061Silver City, NM 8806120.3 mi98$36,970,892$373,750$377,254
88042Hillsboro, NM 8804230.6 mi8$3,424,896$457,500$428,112
88031Deming, NM 8803136.8 mi1$510,000$510,000$510,000
88030Deming, NM 8803041.4 mi113$30,279,254$229,500$267,958
88045Lordsburg, NM 8804545.4 mi9$2,115,990$144,550$235,110
88025Buckhorn, NM 8802545.9 mi2$865,000$432,500$432,500
87936Garfield, NM 8793647.4 mi1$125,000$125,000$125,000
87943Winston, NM 8794355.5 mi3$447,000$149,000$149,000
87935Elephant Butte, NM 8793561.7 mi39$15,898,701$333,750$407,659

Frequently Asked Questions

How many homes are for sale in BAYARD, NM 88023?

As of March 2026, there are 3 active listings in BAYARD, NM (zip code 88023), compared to 7 the prior year.

What is the median home price in BAYARD, NM 88023?

The median listing price in BAYARD, NM 88023 is $119,900 as of March 2026, a 4.3% increase from $115,000 the prior year.

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

Homes in BAYARD, NM 88023 spend an average of 17 days on the market before going under contract, compared to 111 days the prior year.

Is it a seller's or buyer's market in BAYARD, NM 88023?

Based on current inventory and days-on-market data as of March 2026, BAYARD, NM 88023 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 17 days on market compared to 111 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BAYARD, NM 88023 save an estimated $2,398 compared to a typical 5% commission on the median listing price of $119,900. 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.