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PICACHO, NM 88343

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

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$479,000
⇩ 4.1% vs $499,500 last year
Average Price
$479,000
⇩ 4.1% vs $499,500 last year
Days on Market
303
⇧ 71.2% vs 177 days last year

Market Context

Population: 12  ·  Density: 0.0/mi²  ·  Median household income: $0

Typical home value: $0  ·  Homeownership: 100.0%

Market Analysis

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

The PICACHO, NM real estate market (88343) currently shows 1 active listings. Homes are averaging 303 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 303 days on market compared to 177 days last year.

The median listing price has fallen 4.1% year-over-year, from $499,500 to $479,000.

Whether you are buying or selling in PICACHO, 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
  • Days on market: 303 now vs 177 last year

Median & Average Pricing

Year over Year
  • Median: $479,000 (-4.1% YoY)
  • Average: $479,000 (-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
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 56.2 miles — 401 listings ($181,449,305 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88343Picacho, NM 883430.0 mi1$479,000$479,000$479,000
88348San Patricio, NM 8834822.8 mi2$860,000$430,000$430,000
88324Glencoe, NM 8832425.6 mi2$3,349,000$1,674,500$1,674,500
88346Ruidoso Downs, NM 8834628.4 mi12$3,337,800$228,500$278,150
88345Ruidoso, NM 8834535.7 mi237$112,349,850$399,000$474,050
88250Hope, NM 8825036.0 mi1$300,000$300,000$300,000
88230Dexter, NM 8823038.8 mi3$903,999$275,000$301,333
88354Weed, NM 8835442.3 mi1$650,000$650,000$650,000
88201Roswell, NM 8820144.6 mi118$50,317,796$315,000$426,422
88314Bent, NM 8831447.2 mi1$639,700$639,700$639,700
88337La Luz, NM 8833750.6 mi10$4,434,860$352,450$443,486
88232Hagerman, NM 8823254.1 mi2$700,000$350,000$350,000
88350Timberon, NM 8835056.2 mi11$3,127,300$259,950$284,300

Frequently Asked Questions

How many homes are for sale in PICACHO, NM 88343?

As of January 2026, there are 1 active listings in PICACHO, NM (zip code 88343), compared to 1 the prior year.

What is the median home price in PICACHO, NM 88343?

The median listing price in PICACHO, NM 88343 is $479,000 as of January 2026, a 4.1% decrease from $499,500 the prior year.

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

Homes in PICACHO, NM 88343 spend an average of 303 days on the market before going under contract, compared to 177 days the prior year.

Is it a seller's or buyer's market in PICACHO, NM 88343?

Based on current inventory and days-on-market data as of January 2026, PICACHO, NM 88343 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 303 days on market compared to 177 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PICACHO, NM 88343 save an estimated $9,580 compared to a typical 5% commission on the median listing price of $479,000. 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.