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County Overview

San Miguel County, NM

Aggregate real estate market report across county ZIPs
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The San Miguel County, NM real estate market currently shows 82 active listings, with 15 pending sales. Homes are averaging 143 days on the market before going under contract.

Inventory has increased compared to last year, with 29 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 143 days on market compared to 128 days last year.

The median listing price has risen 10.3% year-over-year, from $380,950 to $420,000.

Whether you are buying or selling in San Miguel County, 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: 27,109  ·  Density: 3.9/mi²  ·  Median household income: $42,866

Typical home value: $104,151  ·  Homeownership: 71.7%

Included Areas

Anton Chico: 87711

Conchas Dam: 88416

Garita: 88421

Ilfeld: 87538

Las Vegas: 87701

Montezuma: 87731

Pecos: 87552

Ribera: 87560

Rociada: 87742

Rowe: 87562

San Jose: 87565

Sapello: 87745

Serafina: 87569

Solano: 87746

Area Map

Market Overview

Active Listings
82
⇧ 54.7% vs 53 last year
Pending
15
18% pending ratio
Median Price
$420,000
⇧ 10.3% vs $380,950 last year
Average Price
$533,431
⇩ 25.3% vs $714,374 last year
Days on Market
143
⇧ 11.7% vs 128 days last year

Price Per Square Foot

Median $/sqft
$197
⇧ 3.1% vs $191/sqft last year
Median Home Size
1,750 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇧ 247.8%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %