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SILVER CITY, NM 88061

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The SILVER CITY, NM real estate market (88061) currently shows 98 active listings, with 17 pending sales. Homes are averaging 120 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

Homes are selling faster, averaging 120 days on market compared to 125 days last year.

The median listing price has fallen 0.3% year-over-year, from $375,000 to $373,750.

Whether you are buying or selling in SILVER CITY, 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: 17,784  ·  Density: 7.7/mi²  ·  Median household income: $46,627

Typical home value: $185,245  ·  Homeownership: 68.0%

Market Overview

Active Listings
98
⇧ 24.1% vs 79 last year
Pending
17
17% pending ratio
Median Price
$373,750
⇩ 0.3% vs $375,000 last year
Average Price
$377,254
⇩ 25.7% vs $507,697 last year
Days on Market
120
⇩ 4% vs 125 days last year

Price Per Square Foot

Median $/sqft
$168
⇩ 16.8% vs $202/sqft last year
Median Home Size
1,966 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 98 this year vs 79 last year
  • Days on market: 120 now vs 125 last year

Median & Average Pricing

Year over Year
  • Median: $373,750 (-0.3% YoY)
  • Average: $377,254 (-25.7% 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 67.9 miles — 143 listings ($53,140,447 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88061Silver City, NM 880610.0 mi96$37,057,728$375,000$386,018
88043Hurley, NM 8804317.0 mi11$1,614,558$165,000$146,778
88022Arenas Valley, NM 8802217.9 mi1$350,000$350,000$350,000
88053Pinos Altos, NM 8805322.1 mi2$2,349,000$1,174,500$1,174,500
88028Cliff, NM 8802827.6 mi1$395,000$395,000$395,000
88041Hanover, NM 8804131.8 mi4$2,798,668$500,000$699,667
88025Buckhorn, NM 8802537.7 mi2$865,000$432,500$432,500
88031Deming, NM 8803145.9 mi1$510,000$510,000$510,000
88042Hillsboro, NM 8804250.8 mi7$3,164,000$465,000$452,000
87930Arrey, NM 8793064.2 mi1$365,000$365,000$365,000
87942Williamsburg, NM 8794265.5 mi5$1,494,000$299,000$298,800
85605Bowie, AZ 8560566.2 mi3$519,801$74,900$173,267
88029Columbus, NM 8802967.9 mi9$1,657,692$182,000$184,188

Frequently Asked Questions

How many homes are for sale in SILVER CITY, NM 88061?

As of February 2026, there are 98 active listings in SILVER CITY, NM (zip code 88061), compared to 79 the prior year.

What is the median home price in SILVER CITY, NM 88061?

The median listing price in SILVER CITY, NM 88061 is $373,750 as of February 2026, a 0.3% decrease from $375,000 the prior year.

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

Homes in SILVER CITY, NM 88061 spend an average of 120 days on the market before going under contract, compared to 125 days the prior year.

Is it a seller's or buyer's market in SILVER CITY, NM 88061?

Based on current inventory and days-on-market data as of February 2026, SILVER CITY, NM 88061 is currently a Balanced Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are selling faster, averaging 120 days on market compared to 125 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SILVER CITY, NM 88061 save an estimated $7,475 compared to a typical 5% commission on the median listing price of $373,750. 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.