Active Listings
3
⇧ 50% vs 2 last year
Data as of February 2026. Source: Realtor.com.
The MONTEZUMA, NM real estate market (87731) currently shows 3 active listings, with 2 pending sales. Homes are averaging 121 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 121 days on market compared to 126 days last year.
The median listing price has fallen 66.8% year-over-year, from $2,199,000 to $729,000.
Whether you are buying or selling in MONTEZUMA, 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: 511 · Density: 2.5/mi² · Median household income: $27,306
Typical home value: $0 · Homeownership: 90.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 87731 | Montezuma, NM 87731 | 0.0 mi | 3 | $2,187,000 | $729,000 | $729,000 |
| 87742 | Rociada, NM 87742 | 11.9 mi | 10 | $4,456,670 | $389,000 | $445,667 |
| 87538 | Ilfeld, NM 87538 | 16.5 mi | 2 | $1,254,000 | $627,000 | $627,000 |
| 87712 | Buena Vista, NM 87712 | 17.4 mi | 1 | $1,475,000 | $1,475,000 | $1,475,000 |
| 87565 | San Jose, NM 87565 | 18.7 mi | 0 | $0 | $559,000 | $559,000 |
| 87715 | Cleveland, NM 87715 | 21.8 mi | 2 | $380,000 | $190,000 | $190,000 |
| 87562 | Rowe, NM 87562 | 25.1 mi | 1 | $539,000 | $539,000 | $539,000 |
| 87505 | Santa Fe, NM 87505 | 27.0 mi | 135 | $176,379,120 | $837,000 | $1,306,512 |
| 87722 | Guadalupita, NM 87722 | 30.6 mi | 1 | $275,000 | $275,000 | $275,000 |
| 87522 | Chimayo, NM 87522 | 31.0 mi | 6 | $2,722,800 | $350,000 | $453,800 |
| 87521 | Chamisal, NM 87521 | 31.4 mi | 3 | $1,604,001 | $305,000 | $534,667 |
| 87506 | Santa Fe, NM 87506 | 32.9 mi | 126 | $291,316,662 | $1,990,000 | $2,312,037 |
| 87560 | Ribera, NM 87560 | 33.6 mi | 3 | $1,719,000 | $550,000 | $573,000 |
As of February 2026, there are 3 active listings in MONTEZUMA, NM (zip code 87731), compared to 2 the prior year.
The median listing price in MONTEZUMA, NM 87731 is $729,000 as of February 2026, a 66.8% decrease from $2,199,000 the prior year.
Homes in MONTEZUMA, NM 87731 spend an average of 121 days on the market before going under contract, compared to 126 days the prior year.
Based on current inventory and days-on-market data as of February 2026, MONTEZUMA, NM 87731 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 121 days on market compared to 126 days last year.
With SELL123.com's maximum 3% commission, sellers in MONTEZUMA, NM 87731 save an estimated $14,580 compared to a typical 5% commission on the median listing price of $729,000. 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.