Call or Text (240) SELL-123

ELIDA, NM 88116

Real Estate Market Report  ·  Roosevelt County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$119,900
⇩ 4.1% vs $125,000 last year
Average Price
$119,900
⇩ 4.1% vs $125,000 last year
Days on Market
⇩ 100% vs 178 days last year

Market Context

Population: 458  ·  Density: 0.1/mi²  ·  Median household income: $56,250

Typical home value: $0  ·  Homeownership: 86.3%

Market Analysis

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

The ELIDA, NM real estate market (88116) currently shows 1 active listings.

Inventory levels are unchanged compared to last year.

The median listing price has fallen 4.1% year-over-year, from $125,000 to $119,900.

Whether you are buying or selling in ELIDA, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for ELIDA, NM 88116 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year
  • Median: $119,900 (-4.1% YoY)
  • Average: $119,900 (-4.1% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 80.9 miles — 568 listings ($165,487,887 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88116Elida, NM 881160.0 mi1$119,900$119,900$119,900
88130Portales, NM 8813033.1 mi78$16,172,598$204,950$207,341
88201Roswell, NM 8820141.4 mi118$50,317,796$315,000$426,422
88119Fort Sumner, NM 8811945.5 mi8$3,650,856$200,000$456,357
88101Clovis, NM 8810152.6 mi264$61,725,312$219,700$233,808
88230Dexter, NM 8823057.6 mi3$903,999$275,000$301,333
79346Morton, TX 7934660.0 mi1$215,000$215,000$215,000
79325Farwell, TX 7932561.7 mi7$1,771,000$235,000$253,000
88135Texico, NM 8813562.5 mi2$969,900$484,950$484,950
88260Lovington, NM 8826067.4 mi27$7,341,624$245,000$271,912
88120Grady, NM 8812073.3 mi1$275,000$275,000$275,000
88253Lake Arthur, NM 8825375.4 mi1$75,000$75,000$75,000
88210Artesia, NM 8821080.9 mi57$21,949,902$300,000$385,086

Frequently Asked Questions

How many homes are for sale in ELIDA, NM 88116?

As of January 2026, there are 1 active listings in ELIDA, NM (zip code 88116), compared to 1 the prior year.

What is the median home price in ELIDA, NM 88116?

The median listing price in ELIDA, NM 88116 is $119,900 as of January 2026, a 4.1% decrease from $125,000 the prior year.

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

Homes in ELIDA, NM 88116 spend an average of 0 days on the market before going under contract, compared to 178 days the prior year.

Is it a seller's or buyer's market in ELIDA, NM 88116?

Based on current inventory and days-on-market data as of January 2026, ELIDA, NM 88116 is currently a Balanced Market. Inventory levels are unchanged compared to last year.

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

With SELL123.com's maximum 3% commission, sellers in ELIDA, NM 88116 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.