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CAPITAN, NM 88316

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

Market Analysis

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

The CAPITAN, NM real estate market (88316) currently shows 10 active listings, with 2 pending sales. Homes are averaging 146 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 146 days on market compared to 94 days last year.

The median listing price has risen 81.8% year-over-year, from $420,000 to $763,700.

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 Context

Market Context

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

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

Market Overview

Active Listings
10
⇩ 41.2% vs 17 last year
Pending
2
20% pending ratio
Median Price
$763,700
⇧ 81.8% vs $420,000 last year
Average Price
$2,003,937
⇧ 385.7% vs $412,550 last year
Days on Market
146
⇧ 55.3% vs 94 days last year

Price Per Square Foot

Median $/sqft
$341
⇧ 63.9% vs $208/sqft last year
Median Home Size
3,307 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 17 last year
  • Days on market: 146 now vs 94 last year

Median & Average Pricing

Year over Year
  • Median: $763,700 (+81.8% YoY)
  • Average: $2,003,937 (+385.7% 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 69.7 miles — 507 listings ($256,869,722 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88316Capitan, NM 883160.0 mi12$15,627,156$462,500$1,302,263
88348San Patricio, NM 8834824.7 mi2$820,000$410,000$410,000
88301Carrizozo, NM 8830127.8 mi9$2,261,502$210,000$251,278
88341Nogal, NM 8834130.5 mi4$11,314,668$842,833$2,828,667
88318Corona, NM 8831831.5 mi3$1,023,000$334,000$341,000
88345Ruidoso, NM 8834534.0 mi236$110,568,124$398,500$468,509
88201Roswell, NM 8820151.1 mi127$54,631,590$316,500$430,170
88314Bent, NM 8831454.7 mi1$639,700$639,700$639,700
88339Mayhill, NM 8833956.5 mi17$8,470,114$499,750$498,242
88337La Luz, NM 8833761.9 mi8$2,276,088$292,400$284,511
88317Cloudcroft, NM 8831765.5 mi58$31,978,880$346,000$551,360
88119Fort Sumner, NM 8811968.0 mi10$4,484,380$287,500$448,438
88325High Rolls Mountain Park, NM 8832569.7 mi20$12,774,520$499,500$638,726

Frequently Asked Questions

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

As of June 2026, there are 10 active listings in CAPITAN, NM (zip code 88316), compared to 17 the prior year.

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

The median listing price in CAPITAN, NM 88316 is $763,700 as of June 2026, a 81.8% increase from $420,000 the prior year.

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

Homes in CAPITAN, NM 88316 spend an average of 146 days on the market before going under contract, compared to 94 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 June 2026, CAPITAN, NM 88316 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 146 days on market compared to 94 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 $15,274 compared to a typical 5% commission on the median listing price of $763,700. 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.