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RODEO, NM 88056

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

Market Analysis

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

The RODEO, NM real estate market (88056) currently shows 3 active listings, with 2 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 72 days on market compared to 138 days last year.

The median listing price has risen 900.8% year-over-year, from $129,900 to $1,300,000.

Whether you are buying or selling in RODEO, 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: 165  ·  Density: 0.6/mi²  ·  Median household income: $63,209

Typical home value: $0  ·  Homeownership: 86.1%

Market Overview

Active Listings
3
⇩ 40% vs 5 last year
Pending
2
67% pending ratio
Median Price
$1,300,000
⇧ 900.8% vs $129,900 last year
Average Price
$1,300,000
⇧ 901.9% vs $129,759 last year
Days on Market
72
⇩ 47.8% vs 138 days last year

Price Per Square Foot

Median $/sqft
$260
⇧ 16.6% vs $223/sqft last year
Median Home Size
5,000 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 5 last year
  • Days on market: 72 now vs 138 last year

Median & Average Pricing

Year over Year
  • Median: $1,300,000 (+900.8% YoY)
  • Average: $1,300,000 (+901.9% 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 79.1 miles — 369 listings ($125,882,318 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88056Rodeo, NM 880560.0 mi4$2,393,192$394,900$598,298
85607Douglas, AZ 8560731.3 mi43$9,141,198$235,000$212,586
85625Pearce, AZ 8562539.1 mi37$9,125,014$229,000$246,622
85605Bowie, AZ 8560542.0 mi3$466,449$71,450$155,483
85626Pirtleville, AZ 8562647.1 mi1$178,900$178,900$178,900
85603Bisbee, AZ 8560360.4 mi67$27,671,335$388,625$413,005
85638Tombstone, AZ 8563863.0 mi14$4,438,854$293,000$317,061
85620Naco, AZ 8562065.4 mi4$819,400$204,850$204,850
85546Safford, AZ 8554669.3 mi52$18,702,424$347,000$359,662
85643Willcox, AZ 8564370.6 mi34$9,518,402$245,500$279,953
88065Tyrone, NM 8806572.8 mi10$2,039,050$195,500$203,905
85650Sierra Vista, AZ 8565074.4 mi100$41,388,100$397,498$413,881
88034Faywood, NM 8803479.1 mi0$0$429,000$429,000

Frequently Asked Questions

How many homes are for sale in RODEO, NM 88056?

As of March 2026, there are 3 active listings in RODEO, NM (zip code 88056), compared to 5 the prior year.

What is the median home price in RODEO, NM 88056?

The median listing price in RODEO, NM 88056 is $1,300,000 as of March 2026, a 900.8% increase from $129,900 the prior year.

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

Homes in RODEO, NM 88056 spend an average of 72 days on the market before going under contract, compared to 138 days the prior year.

Is it a seller's or buyer's market in RODEO, NM 88056?

Based on current inventory and days-on-market data as of March 2026, RODEO, NM 88056 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 72 days on market compared to 138 days last year.

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

With SELL123.com's maximum 3% commission, sellers in RODEO, NM 88056 save an estimated $26,000 compared to a typical 5% commission on the median listing price of $1,300,000. 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.