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TORREON, NM 87061

Real Estate Market Report  ·  Torrance County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The TORREON, NM real estate market (87061) currently shows 3 active listings, with 1 pending sales. Homes are averaging 197 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 197 days on market compared to 355 days last year.

The median listing price has fallen 66.6% year-over-year, from $506,175 to $169,200.

Whether you are buying or selling in TORREON, 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: 232  ·  Density: 1.0/mi²  ·  Median household income: $38,060

Typical home value: $0  ·  Homeownership: 100.0%

Market Overview

Active Listings
3
⇧ 50% vs 2 last year
Pending
1
33% pending ratio
Median Price
$169,200
⇩ 66.6% vs $506,175 last year
Average Price
$169,200
⇩ 66.6% vs $506,175 last year
Days on Market
197
⇩ 44.5% vs 355 days last year

Price Per Square Foot

Median $/sqft
$145
⇩ 25.3% vs $194/sqft last year
Median Home Size
1,387 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 2 last year
  • Days on market: 197 now vs 355 last year

Median & Average Pricing

Year over Year
  • Median: $169,200 (-66.6% YoY)
  • Average: $169,200 (-66.6% 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 32.8 miles — 584 listings ($231,385,609 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87061Torreon, NM 870610.0 mi3$828,399$195,000$276,133
87068Bosque Farms, NM 8706820.2 mi7$3,585,750$514,500$512,250
87059Tijeras, NM 8705920.7 mi33$21,556,161$571,500$653,217
87032Mcintosh, NM 8703222.3 mi0$0$285,000$285,000
87062Veguita, NM 8706224.6 mi2$1,338,900$669,450$669,450
87123Albuquerque, NM 8712325.2 mi95$54,267,800$350,000$571,240
87002Belen, NM 8700225.7 mi114$38,536,560$298,000$338,040
87108Albuquerque, NM 8710827.7 mi71$21,880,141$280,250$308,171
87112Albuquerque, NM 8711228.4 mi94$33,845,546$337,450$360,059
87102Albuquerque, NM 8710230.0 mi66$20,695,092$280,000$313,562
87008Cedar Crest, NM 8700830.6 mi13$6,168,760$441,500$474,520
87035Moriarty, NM 8703532.0 mi7$2,204,860$254,940$314,980
87109Albuquerque, NM 8710932.8 mi79$26,477,640$364,950$335,160

Frequently Asked Questions

How many homes are for sale in TORREON, NM 87061?

As of February 2026, there are 3 active listings in TORREON, NM (zip code 87061), compared to 2 the prior year.

What is the median home price in TORREON, NM 87061?

The median listing price in TORREON, NM 87061 is $169,200 as of February 2026, a 66.6% decrease from $506,175 the prior year.

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

Homes in TORREON, NM 87061 spend an average of 197 days on the market before going under contract, compared to 355 days the prior year.

Is it a seller's or buyer's market in TORREON, NM 87061?

Based on current inventory and days-on-market data as of February 2026, TORREON, NM 87061 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 197 days on market compared to 355 days last year.

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

With SELL123.com's maximum 3% commission, sellers in TORREON, NM 87061 save an estimated $3,384 compared to a typical 5% commission on the median listing price of $169,200. 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.