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ROSWELL, NM 88203

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

Market Analysis

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

The ROSWELL, NM real estate market (88203) currently shows 87 active listings, with 28 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 72 days on market compared to 61 days last year.

The median listing price has risen 7.6% year-over-year, from $175,000 to $188,325.

Whether you are buying or selling in ROSWELL, 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: 29,499  ·  Density: 10.4/mi²  ·  Median household income: $42,500

Typical home value: $109,176  ·  Homeownership: 63.8%

Market Overview

Active Listings
87
⇩ 13% vs 100 last year
Pending
28
32% pending ratio
Median Price
$188,325
⇧ 7.6% vs $175,000 last year
Average Price
$218,677
⇩ 4.6% vs $229,295 last year
Days on Market
72
⇧ 18% vs 61 days last year

Price Per Square Foot

Median $/sqft
$129
⇧ 11.2% vs $116/sqft last year
Median Home Size
1,424 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 87 this year vs 100 last year
  • Days on market: 72 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $188,325 (+7.6% YoY)
  • Average: $218,677 (-4.6% 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 87.7 miles — 394 listings ($136,267,858 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88203Roswell, NM 882030.0 mi80$18,521,760$197,000$231,522
88253Lake Arthur, NM 8825317.4 mi1$70,000$70,000$70,000
88201Roswell, NM 8820130.8 mi127$54,631,590$316,500$430,170
88343Picacho, NM 8834336.3 mi1$479,000$479,000$479,000
88339Mayhill, NM 8833954.4 mi17$8,470,114$499,750$498,242
88116Elida, NM 8811658.4 mi1$119,900$119,900$119,900
88267Tatum, NM 8826760.7 mi1$119,900$119,900$119,900
88260Lovington, NM 8826062.5 mi36$9,718,200$253,000$269,950
88346Ruidoso Downs, NM 8834664.2 mi17$5,020,814$227,000$295,342
88240Hobbs, NM 8824069.7 mi100$34,256,300$317,475$342,563
88126Pep, NM 8812674.6 mi1$99,900$99,900$99,900
88119Fort Sumner, NM 8811977.8 mi10$4,484,380$287,500$448,438
88231Eunice, NM 8823187.7 mi2$276,000$138,000$138,000

Frequently Asked Questions

How many homes are for sale in ROSWELL, NM 88203?

As of March 2026, there are 87 active listings in ROSWELL, NM (zip code 88203), compared to 100 the prior year.

What is the median home price in ROSWELL, NM 88203?

The median listing price in ROSWELL, NM 88203 is $188,325 as of March 2026, a 7.6% increase from $175,000 the prior year.

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

Homes in ROSWELL, NM 88203 spend an average of 72 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in ROSWELL, NM 88203?

Based on current inventory and days-on-market data as of March 2026, ROSWELL, NM 88203 is currently a Balanced Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 72 days on market compared to 61 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ROSWELL, NM 88203 save an estimated $3,767 compared to a typical 5% commission on the median listing price of $188,325. 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.