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GLENWOOD, NM 88039

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

Market Analysis

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

The GLENWOOD, NM real estate market (88039) currently shows 3 active listings, with 1 pending sales. Homes are averaging 102 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 102 days on market compared to 252 days last year.

The median listing price has fallen 29.8% year-over-year, from $837,125 to $587,500.

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Market Context

Market Context

Population: 553  ·  Density: 0.3/mi²  ·  Median household income: $48,125

Typical home value: $0  ·  Homeownership: 91.7%

Market Overview

Active Listings
3
⇧ 50% vs 2 last year
Pending
1
33% pending ratio
Median Price
$587,500
⇩ 29.8% vs $837,125 last year
Average Price
$587,500
⇩ 29.8% vs $837,125 last year
Days on Market
102
⇩ 59.5% vs 252 days last year

Price Per Square Foot

Median $/sqft
$399
⇩ 41.8% vs $685/sqft last year
Median Home Size
1,322 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 2 last year
  • Days on market: 102 now vs 252 last year

Median & Average Pricing

Year over Year
  • Median: $587,500 (-29.8% YoY)
  • Average: $587,500 (-29.8% 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 62.4 miles — 166 listings ($56,215,538 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88025Buckhorn, NM 8802517.3 mi2$865,000$432,500$432,500
88038Gila, NM 8803825.7 mi1$749,000$749,000$749,000
87824Luna, NM 8782436.1 mi2$516,000$258,000$258,000
85533Clifton, AZ 8553339.7 mi3$964,326$331,625$321,442
88049Mimbres, NM 8804943.1 mi15$5,573,370$338,750$371,558
85540Morenci, AZ 8554045.1 mi1$429,900$429,900$429,900
85534Duncan, AZ 8553449.6 mi3$1,074,876$394,975$358,292
88065Tyrone, NM 8806550.2 mi10$2,039,050$195,500$203,905
88061Silver City, NM 8806153.6 mi98$36,970,892$373,750$377,254
88023Bayard, NM 8802357.8 mi1$119,900$119,900$119,900
87943Winston, NM 8794360.2 mi3$447,000$149,000$149,000
88043Hurley, NM 8804361.8 mi10$1,495,560$172,250$149,556
87829Quemado, NM 8782962.4 mi17$4,970,664$277,500$292,392

Frequently Asked Questions

How many homes are for sale in GLENWOOD, NM 88039?

As of September 2026, there are 3 active listings in GLENWOOD, NM (zip code 88039), compared to 2 the prior year.

What is the median home price in GLENWOOD, NM 88039?

The median listing price in GLENWOOD, NM 88039 is $587,500 as of September 2026, a 29.8% decrease from $837,125 the prior year.

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

Homes in GLENWOOD, NM 88039 spend an average of 102 days on the market before going under contract, compared to 252 days the prior year.

Is it a seller's or buyer's market in GLENWOOD, NM 88039?

Based on current inventory and days-on-market data as of September 2026, GLENWOOD, NM 88039 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 102 days on market compared to 252 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GLENWOOD, NM 88039 save an estimated $11,750 compared to a typical 5% commission on the median listing price of $587,500. 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.