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MIMBRES, NM 88049

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

Market Analysis

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

The MIMBRES, NM real estate market (88049) currently shows 15 active listings, with 1 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 51 days on market compared to 32 days last year.

The median listing price has fallen 30.9% year-over-year, from $490,000 to $338,750.

Whether you are buying or selling in MIMBRES, 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: 746  ·  Density: 0.6/mi²  ·  Median household income: $53,606

Typical home value: $189,591  ·  Homeownership: 92.8%

Market Overview

Active Listings
15
⇧ 66.7% vs 9 last year
Pending
1
7% pending ratio
Median Price
$338,750
⇩ 30.9% vs $490,000 last year
Average Price
$371,558
⇩ 67.6% vs $1,148,300 last year
Days on Market
51
⇧ 59.4% vs 32 days last year

Price Per Square Foot

Median $/sqft
$217
⇩ 1.4% vs $220/sqft last year
Median Home Size
1,647 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 9 last year
  • Days on market: 51 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $338,750 (-30.9% YoY)
  • Average: $371,558 (-67.6% 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 61.3 miles — 94 listings ($34,327,525 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88049Mimbres, NM 880490.0 mi13$4,677,751$325,000$359,827
88022Arenas Valley, NM 8802218.4 mi1$350,000$350,000$350,000
88041Hanover, NM 8804120.8 mi4$2,798,668$500,000$699,667
88023Bayard, NM 8802323.3 mi1$150,000$150,000$150,000
88043Hurley, NM 8804330.2 mi11$1,614,558$165,000$146,778
87943Winston, NM 8794335.2 mi2$298,000$149,000$149,000
88028Cliff, NM 8802836.0 mi1$395,000$395,000$395,000
88025Buckhorn, NM 8802537.9 mi2$865,000$432,500$432,500
87930Arrey, NM 8793044.6 mi1$365,000$365,000$365,000
87935Elephant Butte, NM 8793550.5 mi36$14,489,280$336,250$402,480
88031Deming, NM 8803157.8 mi1$510,000$510,000$510,000
87830Reserve, NM 8783059.5 mi8$3,100,000$289,250$387,500
87821Datil, NM 8782161.3 mi13$4,714,268$325,000$362,636

Frequently Asked Questions

How many homes are for sale in MIMBRES, NM 88049?

As of February 2026, there are 15 active listings in MIMBRES, NM (zip code 88049), compared to 9 the prior year.

What is the median home price in MIMBRES, NM 88049?

The median listing price in MIMBRES, NM 88049 is $338,750 as of February 2026, a 30.9% decrease from $490,000 the prior year.

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

Homes in MIMBRES, NM 88049 spend an average of 51 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in MIMBRES, NM 88049?

Based on current inventory and days-on-market data as of February 2026, MIMBRES, NM 88049 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 51 days on market compared to 32 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MIMBRES, NM 88049 save an estimated $6,775 compared to a typical 5% commission on the median listing price of $338,750. 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.