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BLANCO, NM 87412

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The BLANCO, NM real estate market (87412) currently shows 2 active listings, with 1 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 49 days on market compared to 108 days last year.

The median listing price has fallen 26.1% year-over-year, from $519,925 to $384,450.

Whether you are buying or selling in BLANCO, 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: 1,594  ·  Density: 1.3/mi²  ·  Median household income: $48,920

Typical home value: $144,210  ·  Homeownership: 88.3%

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
1
50% pending ratio
Median Price
$384,450
⇩ 26.1% vs $519,925 last year
Average Price
$384,450
⇩ 29.8% vs $547,458 last year
Days on Market
49
⇩ 54.6% vs 108 days last year

Price Per Square Foot

Median $/sqft
$125
⇩ 38.4% vs $203/sqft last year
Median Home Size
2,836 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 49 now vs 108 last year

Median & Average Pricing

Year over Year
  • Median: $384,450 (-26.1% YoY)
  • Average: $384,450 (-29.8% 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 53.3 miles — 206 listings ($191,682,495 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87412Blanco, NM 874120.0 mi3$1,176,600$392,200$392,200
87410Aztec, NM 8741025.3 mi36$35,458,596$449,900$984,961
81137Ignacio, CO 8113728.1 mi18$8,852,724$411,950$491,818
87029Lindrith, NM 8702932.3 mi1$325,000$325,000$325,000
87402Farmington, NM 8740236.0 mi50$24,499,750$427,450$489,995
81303Durango, CO 8130337.5 mi35$36,694,455$957,500$1,048,413
87046Regina, NM 8704642.6 mi5$2,688,750$243,000$537,750
81329Marvel, CO 8132945.9 mi1$250,000$250,000$250,000
81326Hesperus, CO 8132647.1 mi16$52,693,824$1,650,000$3,293,364
87027La Jara, NM 8702748.6 mi1$100,000$100,000$100,000
87017Gallina, NM 8701749.8 mi2$1,060,000$530,000$530,000
87520Chama, NM 8752051.3 mi35$27,243,895$429,000$778,397
87013Cuba, NM 8701353.3 mi3$638,901$199,900$212,967

Frequently Asked Questions

How many homes are for sale in BLANCO, NM 87412?

As of February 2026, there are 2 active listings in BLANCO, NM (zip code 87412), compared to 3 the prior year.

What is the median home price in BLANCO, NM 87412?

The median listing price in BLANCO, NM 87412 is $384,450 as of February 2026, a 26.1% decrease from $519,925 the prior year.

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

Homes in BLANCO, NM 87412 spend an average of 49 days on the market before going under contract, compared to 108 days the prior year.

Is it a seller's or buyer's market in BLANCO, NM 87412?

Based on current inventory and days-on-market data as of February 2026, BLANCO, NM 87412 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 49 days on market compared to 108 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BLANCO, NM 87412 save an estimated $7,689 compared to a typical 5% commission on the median listing price of $384,450. 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.