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PICACHO, NM 88343

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

Market Analysis

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

The PICACHO, NM real estate market (88343) currently shows 1 active listings. Homes are averaging 335 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 335 days on market compared to 5 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 Context

Market Context

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

Typical home value: $0  ·  Homeownership: 100.0%

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
335
⇧ 6600% vs 5 days last year

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 335 now vs 5 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
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 57.4 miles — 459 listings ($216,114,351 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$820,000$410,000$410,000
88324Glencoe, NM 8832425.6 mi1$1,750,000$1,750,000$1,750,000
88346Ruidoso Downs, NM 8834628.4 mi17$5,020,814$227,000$295,342
88345Ruidoso, NM 8834535.7 mi236$110,568,124$398,500$468,509
88203Roswell, NM 8820336.4 mi80$18,521,760$197,000$231,522
88316Capitan, NM 8831641.0 mi12$15,627,156$462,500$1,302,263
88317Cloudcroft, NM 8831743.7 mi58$31,978,880$346,000$551,360
88341Nogal, NM 8834145.8 mi4$11,314,668$842,833$2,828,667
88347Sacramento, NM 8834748.6 mi6$1,342,002$212,000$223,667
88325High Rolls Mountain Park, NM 8832553.0 mi20$12,774,520$499,500$638,726
88352Tularosa, NM 8835254.4 mi13$3,655,925$289,900$281,225
88301Carrizozo, NM 8830157.4 mi9$2,261,502$210,000$251,278

Frequently Asked Questions

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

As of March 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 March 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 335 days on the market before going under contract, compared to 5 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 March 2026, PICACHO, NM 88343 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 335 days on market compared to 5 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.