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EL PRADO, NM 87529

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

Market Analysis

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

The EL PRADO, NM real estate market (87529) currently shows 43 active listings, with 11 pending sales. Homes are averaging 91 days on the market before going under contract.

Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 91 days on market compared to 67 days last year.

The median listing price has fallen 14.7% year-over-year, from $582,500 to $497,000.

Whether you are buying or selling in EL PRADO, 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: 4,723  ·  Density: 28.1/mi²  ·  Median household income: $62,857

Typical home value: $394,655  ·  Homeownership: 80.4%

Market Overview

Active Listings
43
⇧ 72% vs 25 last year
Pending
11
26% pending ratio
Median Price
$497,000
⇩ 14.7% vs $582,500 last year
Average Price
$722,138
⇩ 31.1% vs $1,047,663 last year
Days on Market
91
⇧ 35.8% vs 67 days last year

Price Per Square Foot

Median $/sqft
$357
⇩ 8.7% vs $391/sqft last year
Median Home Size
1,479 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 43 this year vs 25 last year
  • Days on market: 91 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $497,000 (-14.7% YoY)
  • Average: $722,138 (-31.1% 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 30.1 miles — 346 listings ($273,230,827 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87529El Prado, NM 875290.0 mi44$32,042,076$474,000$728,229
87580Valdez, NM 875809.0 mi7$22,592,997$1,450,000$3,227,571
87571Taos, NM 875719.9 mi104$86,128,848$695,000$828,162
87564San Cristobal, NM 8756411.7 mi1$799,000$799,000$799,000
87553Penasco, NM 8755317.3 mi2$898,000$449,000$449,000
87558Red River, NM 8755820.9 mi28$16,227,260$562,500$579,545
87519Cerro, NM 8751921.8 mi1$430,000$430,000$430,000
87579Vadito, NM 8757922.8 mi3$4,624,899$875,000$1,541,633
87710Angel Fire, NM 8771024.1 mi138$100,551,492$595,000$728,634
87718Eagle Nest, NM 8771825.5 mi15$8,285,355$332,500$552,357
87549Ojo Caliente, NM 8754926.7 mi1$235,000$235,000$235,000
87581Vallecitos, NM 8758128.1 mi1$270,000$270,000$270,000
87511Alcalde, NM 8751130.1 mi1$145,900$145,900$145,900

Frequently Asked Questions

How many homes are for sale in EL PRADO, NM 87529?

As of February 2026, there are 43 active listings in EL PRADO, NM (zip code 87529), compared to 25 the prior year.

What is the median home price in EL PRADO, NM 87529?

The median listing price in EL PRADO, NM 87529 is $497,000 as of February 2026, a 14.7% decrease from $582,500 the prior year.

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

Homes in EL PRADO, NM 87529 spend an average of 91 days on the market before going under contract, compared to 67 days the prior year.

Is it a seller's or buyer's market in EL PRADO, NM 87529?

Based on current inventory and days-on-market data as of February 2026, EL PRADO, NM 87529 is currently a Buyer's Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 91 days on market compared to 67 days last year.

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

With SELL123.com's maximum 3% commission, sellers in EL PRADO, NM 87529 save an estimated $9,940 compared to a typical 5% commission on the median listing price of $497,000. 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.