Active Listings
8
⇧ 700% vs 1 last year
Data as of February 2026. Source: Realtor.com.
The THOREAU, NM real estate market (87323) currently shows 8 active listings, with 2 pending sales. Homes are averaging 166 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
Homes are selling faster, averaging 166 days on market compared to 180 days last year.
The median listing price has fallen 31.3% year-over-year, from $199,500 to $137,000.
Whether you are buying or selling in THOREAU, 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.
Population: 4,345 · Density: 5.7/mi² · Median household income: $35,670
Typical home value: $75,553 · Homeownership: 91.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 87323 | Thoreau, NM 87323 | 0.0 mi | 6 | $891,480 | $145,000 | $148,580 |
| 87005 | Bluewater, NM 87005 | 17.1 mi | 1 | $750,000 | $750,000 | $750,000 |
| 87321 | Ramah, NM 87321 | 29.6 mi | 9 | $4,012,587 | $399,000 | $445,843 |
| 87305 | Gallup, NM 87305 | 31.5 mi | 1 | $104,000 | $104,000 | $104,000 |
| 87301 | Gallup, NM 87301 | 33.5 mi | 48 | $13,303,440 | $237,750 | $277,155 |
| 87375 | Yatahey, NM 87375 | 37.7 mi | 2 | $210,000 | $105,000 | $105,000 |
| 87326 | Vanderwagen, NM 87326 | 42.1 mi | 0 | $0 | $169,000 | $169,000 |
| 87013 | Cuba, NM 87013 | 56.3 mi | 3 | $638,901 | $199,900 | $212,967 |
| 86511 | Saint Michaels, AZ 86511 | 62.9 mi | 1 | $201,503 | $201,503 | $201,503 |
| 87827 | Pie Town, NM 87827 | 75.3 mi | 10 | $6,230,000 | $465,000 | $623,000 |
| 85936 | Saint Johns, AZ 85936 | 86.3 mi | 14 | $3,866,520 | $239,500 | $276,180 |
| 87029 | Lindrith, NM 87029 | 90.7 mi | 1 | $325,000 | $325,000 | $325,000 |
As of February 2026, there are 8 active listings in THOREAU, NM (zip code 87323), compared to 1 the prior year.
The median listing price in THOREAU, NM 87323 is $137,000 as of February 2026, a 31.3% decrease from $199,500 the prior year.
Homes in THOREAU, NM 87323 spend an average of 166 days on the market before going under contract, compared to 180 days the prior year.
Based on current inventory and days-on-market data as of February 2026, THOREAU, NM 87323 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 166 days on market compared to 180 days last year.
With SELL123.com's maximum 3% commission, sellers in THOREAU, NM 87323 save an estimated $2,740 compared to a typical 5% commission on the median listing price of $137,000. 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.