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CORONA, NM 88318

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

Market Analysis

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

The CORONA, NM real estate market (88318) currently shows 5 active listings, with 1 pending sales. Homes are averaging 84 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 84 days on market compared to 234 days last year.

The median listing price has fallen 19.8% year-over-year, from $500,000 to $401,000.

Whether you are buying or selling in CORONA, 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: 291  ·  Density: 0.1/mi²  ·  Median household income: $58,000

Typical home value: $0  ·  Homeownership: 78.6%

Market Overview

Active Listings
5
⇧ 25% vs 4 last year
Pending
1
20% pending ratio
Median Price
$401,000
⇩ 19.8% vs $500,000 last year
Average Price
$390,375
⇩ 25.6% vs $525,000 last year
Days on Market
84
⇩ 64.1% vs 234 days last year

Price Per Square Foot

Median $/sqft
$247
⇧ 3.8% vs $238/sqft last year
Median Home Size
1,723 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 4 last year
  • Days on market: 84 now vs 234 last year

Median & Average Pricing

Year over Year
  • Median: $401,000 (-19.8% YoY)
  • Average: $390,375 (-25.6% 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 72.5 miles — 449 listings ($273,065,098 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88318Corona, NM 883180.0 mi3$1,023,000$334,000$341,000
87063Willard, NM 8706329.9 mi1$228,000$228,000$228,000
88301Carrizozo, NM 8830140.4 mi9$2,261,502$210,000$251,278
88338Lincoln, NM 8833847.6 mi4$2,082,000$571,500$520,500
88341Nogal, NM 8834153.5 mi4$11,314,668$842,833$2,828,667
88312Alto, NM 8831256.0 mi138$115,583,004$696,250$837,558
88324Glencoe, NM 8832458.0 mi1$1,750,000$1,750,000$1,750,000
88119Fort Sumner, NM 8811960.0 mi10$4,484,380$287,500$448,438
88345Ruidoso, NM 8834561.8 mi236$110,568,124$398,500$468,509
88336Hondo, NM 8833663.3 mi2$1,679,000$839,500$839,500
87560Ribera, NM 8756069.2 mi3$1,719,000$550,000$573,000
88343Picacho, NM 8834371.7 mi1$479,000$479,000$479,000
87015Edgewood, NM 8701572.5 mi37$19,893,420$520,000$537,660

Frequently Asked Questions

How many homes are for sale in CORONA, NM 88318?

As of March 2026, there are 5 active listings in CORONA, NM (zip code 88318), compared to 4 the prior year.

What is the median home price in CORONA, NM 88318?

The median listing price in CORONA, NM 88318 is $401,000 as of March 2026, a 19.8% decrease from $500,000 the prior year.

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

Homes in CORONA, NM 88318 spend an average of 84 days on the market before going under contract, compared to 234 days the prior year.

Is it a seller's or buyer's market in CORONA, NM 88318?

Based on current inventory and days-on-market data as of March 2026, CORONA, NM 88318 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 84 days on market compared to 234 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CORONA, NM 88318 save an estimated $8,020 compared to a typical 5% commission on the median listing price of $401,000. 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.