Active Listings
6
⇧ 500% vs 1 last year
Data as of February 2026. Source: Realtor.com.
The CABALLO, NM real estate market (87931) currently shows 6 active listings, with 1 pending sales. Homes are averaging 166 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 166 days on market compared to 15 days last year.
The median listing price has fallen 47.9% year-over-year, from $499,000 to $259,900.
Whether you are buying or selling in CABALLO, 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: 706 · Density: 1.6/mi² · Median household income: $0
Typical home value: $0 · Homeownership: 64.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 87931 | Caballo, NM 87931 | 0.0 mi | 7 | $2,111,550 | $262,450 | $301,650 |
| 87942 | Williamsburg, NM 87942 | 12.3 mi | 5 | $1,494,000 | $299,000 | $298,800 |
| 88042 | Hillsboro, NM 88042 | 15.7 mi | 7 | $3,164,000 | $465,000 | $452,000 |
| 87937 | Hatch, NM 87937 | 24.4 mi | 2 | $200,000 | $100,000 | $100,000 |
| 88054 | Radium Springs, NM 88054 | 25.3 mi | 1 | $550,000 | $550,000 | $550,000 |
| 88041 | Hanover, NM 88041 | 34.1 mi | 4 | $2,798,668 | $500,000 | $699,667 |
| 88012 | Las Cruces, NM 88012 | 40.6 mi | 371 | $133,408,632 | $339,900 | $359,592 |
| 88007 | Las Cruces, NM 88007 | 43.6 mi | 153 | $86,678,784 | $497,500 | $566,528 |
| 88026 | Santa Clara, NM 88026 | 49.2 mi | 7 | $849,625 | $124,125 | $121,375 |
| 88022 | Arenas Valley, NM 88022 | 50.3 mi | 1 | $350,000 | $350,000 | $350,000 |
| 88053 | Pinos Altos, NM 88053 | 51.0 mi | 2 | $2,349,000 | $1,174,500 | $1,174,500 |
| 88031 | Deming, NM 88031 | 52.9 mi | 1 | $510,000 | $510,000 | $510,000 |
| 88046 | Mesilla, NM 88046 | 55.8 mi | 9 | $7,555,500 | $725,000 | $839,500 |
As of February 2026, there are 6 active listings in CABALLO, NM (zip code 87931), compared to 1 the prior year.
The median listing price in CABALLO, NM 87931 is $259,900 as of February 2026, a 47.9% decrease from $499,000 the prior year.
Homes in CABALLO, NM 87931 spend an average of 166 days on the market before going under contract, compared to 15 days the prior year.
Based on current inventory and days-on-market data as of February 2026, CABALLO, NM 87931 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 166 days on market compared to 15 days last year.
With SELL123.com's maximum 3% commission, sellers in CABALLO, NM 87931 save an estimated $5,198 compared to a typical 5% commission on the median listing price of $259,900. 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.