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LAKE ARTHUR, NM 88253

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

Market Analysis

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

The LAKE ARTHUR, NM real estate market (88253) currently shows 1 active listings. Homes are averaging 186 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 186 days on market compared to 135 days last year.

The median listing price has fallen 81.1% year-over-year, from $370,000 to $70,000.

Whether you are buying or selling in LAKE ARTHUR, 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: 1,183  ·  Density: 2.1/mi²  ·  Median household income: $0

Typical home value: $135,099  ·  Homeownership: 63.4%

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$70,000
⇩ 81.1% vs $370,000 last year
Average Price
$70,000
⇩ 81.1% vs $370,000 last year
Days on Market
186
⇧ 37.8% vs 135 days last year

Price Per Square Foot

Median $/sqft
$27
⇩ 84.4% vs $173/sqft last year
Median Home Size
2,580 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 186 now vs 135 last year

Median & Average Pricing

Year over Year
  • Median: $70,000 (-81.1% YoY)
  • Average: $70,000 (-81.1% 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 71.9 miles — 526 listings ($248,203,809 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88253Lake Arthur, NM 882530.0 mi1$75,000$75,000$75,000
88230Dexter, NM 8823017.9 mi3$903,999$275,000$301,333
88210Artesia, NM 8821023.9 mi57$21,949,902$300,000$385,086
88343Picacho, NM 8834334.5 mi1$479,000$479,000$479,000
88201Roswell, NM 8820146.9 mi118$50,317,796$315,000$426,422
88336Hondo, NM 8833648.3 mi2$1,689,000$844,500$844,500
88354Weed, NM 8835457.5 mi1$650,000$650,000$650,000
88338Lincoln, NM 8833861.3 mi4$2,134,000$592,500$533,500
88317Cloudcroft, NM 8831765.9 mi61$34,280,841$349,000$561,981
88260Lovington, NM 8826066.7 mi27$7,341,624$245,000$271,912
88345Ruidoso, NM 8834569.5 mi237$112,349,850$399,000$474,050
88267Tatum, NM 8826770.3 mi1$119,900$119,900$119,900
88316Capitan, NM 8831671.9 mi13$15,912,897$460,000$1,224,069

Frequently Asked Questions

How many homes are for sale in LAKE ARTHUR, NM 88253?

As of February 2026, there are 1 active listings in LAKE ARTHUR, NM (zip code 88253), compared to 1 the prior year.

What is the median home price in LAKE ARTHUR, NM 88253?

The median listing price in LAKE ARTHUR, NM 88253 is $70,000 as of February 2026, a 81.1% decrease from $370,000 the prior year.

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

Homes in LAKE ARTHUR, NM 88253 spend an average of 186 days on the market before going under contract, compared to 135 days the prior year.

Is it a seller's or buyer's market in LAKE ARTHUR, NM 88253?

Based on current inventory and days-on-market data as of February 2026, LAKE ARTHUR, NM 88253 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 186 days on market compared to 135 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LAKE ARTHUR, NM 88253 save an estimated $1,400 compared to a typical 5% commission on the median listing price of $70,000. 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.