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CAPITAN, NM 88316

Real Estate Market Report  ·  Lincoln County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
13
⇩ 7.1% vs 14 last year
Pending
1
8% pending ratio
Median Price
$460,000
⇧ 39.6% vs $329,500 last year
Average Price
$1,224,069
⇧ 231.1% vs $369,655 last year
Days on Market
57
⇩ 64.6% vs 161 days last year

Market Context

Population: 2,289  ·  Density: 1.0/mi²  ·  Median household income: $66,042

Typical home value: $158,074  ·  Homeownership: 88.9%

Market Analysis

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

The CAPITAN, NM real estate market (88316) currently shows 13 active listings, with 1 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 57 days on market compared to 161 days last year.

The median listing price has risen 39.6% year-over-year, from $329,500 to $460,000.

Whether you are buying or selling in CAPITAN, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 14 last year
  • Days on market: 57 now vs 161 last year

Median & Average Pricing

Year over Year
  • Median: $460,000 (+39.6% YoY)
  • Average: $1,224,069 (+231.1% 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 69.7 miles — 506 listings ($266,208,033 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88316Capitan, NM 883160.0 mi13$15,912,897$460,000$1,224,069
88348San Patricio, NM 8834824.7 mi2$860,000$430,000$430,000
88301Carrizozo, NM 8830127.8 mi9$2,340,000$205,000$260,000
88341Nogal, NM 8834130.5 mi4$15,303,332$861,667$3,825,833
88318Corona, NM 8831831.5 mi4$1,397,332$359,000$349,333
88345Ruidoso, NM 8834534.0 mi237$112,349,850$399,000$474,050
88201Roswell, NM 8820151.1 mi118$50,317,796$315,000$426,422
88314Bent, NM 8831454.7 mi1$639,700$639,700$639,700
88339Mayhill, NM 8833956.5 mi17$7,954,589$449,500$467,917
88337La Luz, NM 8833761.9 mi10$4,434,860$352,450$443,486
88317Cloudcroft, NM 8831765.5 mi61$34,280,841$349,000$561,981
88119Fort Sumner, NM 8811968.0 mi8$3,650,856$200,000$456,357
88325High Rolls Mountain Park, NM 8832569.7 mi22$16,765,980$579,500$762,090

Frequently Asked Questions

How many homes are for sale in CAPITAN, NM 88316?

As of January 2026, there are 13 active listings in CAPITAN, NM (zip code 88316), compared to 14 the prior year.

What is the median home price in CAPITAN, NM 88316?

The median listing price in CAPITAN, NM 88316 is $460,000 as of January 2026, a 39.6% increase from $329,500 the prior year.

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

Homes in CAPITAN, NM 88316 spend an average of 57 days on the market before going under contract, compared to 161 days the prior year.

Is it a seller's or buyer's market in CAPITAN, NM 88316?

Based on current inventory and days-on-market data as of January 2026, CAPITAN, NM 88316 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 57 days on market compared to 161 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CAPITAN, NM 88316 save an estimated $9,200 compared to a typical 5% commission on the median listing price of $460,000. 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.