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TUCUMCARI, NM 88401

Real Estate Market Report  ·  Quay County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The TUCUMCARI, NM real estate market (88401) currently shows 23 active listings, with 5 pending sales. Homes are averaging 132 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 132 days on market compared to 107 days last year.

The median listing price has risen 39.9% year-over-year, from $172,475 to $241,250.

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Market Context

Market Context

Population: 6,629  ·  Density: 2.6/mi²  ·  Median household income: $40,313

Typical home value: $67,808  ·  Homeownership: 64.0%

Market Overview

Active Listings
23
⇩ 11.5% vs 26 last year
Pending
5
22% pending ratio
Median Price
$241,250
⇧ 39.9% vs $172,475 last year
Average Price
$283,107
⇧ 47.6% vs $191,774 last year
Days on Market
132
⇧ 23.4% vs 107 days last year

Price Per Square Foot

Median $/sqft
$116
⇧ 16% vs $100/sqft last year
Median Home Size
2,055 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 23 this year vs 26 last year
  • Days on market: 132 now vs 107 last year

Median & Average Pricing

Year over Year
  • Median: $241,250 (+39.9% YoY)
  • Average: $283,107 (+47.6% 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 0.0 miles — 480 listings ($114,097,644 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88401Tucumcari, NM 884010.0 mi26$4,632,992$133,675$178,192
88416Conchas Dam, NM 8841633.4 mi7$1,979,719$259,000$282,817
88124Melrose, NM 8812439.9 mi8$2,283,896$189,250$285,487
88101Clovis, NM 8810151.1 mi260$60,614,840$219,750$233,134
88135Texico, NM 8813555.2 mi2$398,000$199,000$199,000
88119Fort Sumner, NM 8811961.4 mi10$4,484,380$287,500$448,438
79325Farwell, TX 7932568.5 mi11$2,682,493$231,750$243,863
88130Portales, NM 8813072.1 mi83$17,383,603$199,500$209,441
88436Sedan, NM 8843682.4 mi1$475,000$475,000$475,000
79347Muleshoe, TX 7934785.0 mi25$6,260,375$239,500$250,415
79022Dalhart, TX 7902296.6 mi47$12,902,346$230,625$274,518
, 0.0 mi0$0$0$0

Frequently Asked Questions

How many homes are for sale in TUCUMCARI, NM 88401?

As of September 2026, there are 23 active listings in TUCUMCARI, NM (zip code 88401), compared to 26 the prior year.

What is the median home price in TUCUMCARI, NM 88401?

The median listing price in TUCUMCARI, NM 88401 is $241,250 as of September 2026, a 39.9% increase from $172,475 the prior year.

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

Homes in TUCUMCARI, NM 88401 spend an average of 132 days on the market before going under contract, compared to 107 days the prior year.

Is it a seller's or buyer's market in TUCUMCARI, NM 88401?

Based on current inventory and days-on-market data as of September 2026, TUCUMCARI, NM 88401 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 132 days on market compared to 107 days last year.

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

With SELL123.com's maximum 3% commission, sellers in TUCUMCARI, NM 88401 save an estimated $4,825 compared to a typical 5% commission on the median listing price of $241,250. 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.