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MAYHILL, NM 88339

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

Market Analysis

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

The MAYHILL, NM real estate market (88339) currently shows 17 active listings, with 6 pending sales. Homes are averaging 130 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 130 days on market compared to 154 days last year.

The median listing price has fallen 16.7% year-over-year, from $599,900 to $499,750.

Whether you are buying or selling in MAYHILL, 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: 720  ·  Density: 0.8/mi²  ·  Median household income: $72,684

Typical home value: $0  ·  Homeownership: 100.0%

Market Overview

Active Listings
17
⇧ 88.9% vs 9 last year
Pending
6
35% pending ratio
Median Price
$499,750
⇩ 16.7% vs $599,900 last year
Average Price
$498,242
⇩ 35.8% vs $775,971 last year
Days on Market
130
⇩ 15.6% vs 154 days last year

Price Per Square Foot

Median $/sqft
$247
⇧ 3.3% vs $239/sqft last year
Median Home Size
2,371 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 17 this year vs 9 last year
  • Days on market: 130 now vs 154 last year

Median & Average Pricing

Year over Year
  • Median: $499,750 (-16.7% YoY)
  • Average: $498,242 (-35.8% 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 62.7 miles — 378 listings ($201,760,032 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88339Mayhill, NM 883390.0 mi17$7,954,589$449,500$467,917
88317Cloudcroft, NM 8831721.5 mi61$34,280,841$349,000$561,981
88347Sacramento, NM 8834724.7 mi7$1,568,581$212,000$224,083
88250Hope, NM 8825028.2 mi1$300,000$300,000$300,000
88324Glencoe, NM 8832431.0 mi2$3,349,000$1,674,500$1,674,500
88325High Rolls Mountain Park, NM 8832532.1 mi22$16,765,980$579,500$762,090
88337La Luz, NM 8833733.1 mi10$4,434,860$352,450$443,486
88345Ruidoso, NM 8834534.0 mi237$112,349,850$399,000$474,050
88338Lincoln, NM 8833840.3 mi4$2,134,000$592,500$533,500
88253Lake Arthur, NM 8825344.9 mi1$75,000$75,000$75,000
88341Nogal, NM 8834146.8 mi4$15,303,332$861,667$3,825,833
88230Dexter, NM 8823056.3 mi3$903,999$275,000$301,333
88301Carrizozo, NM 8830162.7 mi9$2,340,000$205,000$260,000

Frequently Asked Questions

How many homes are for sale in MAYHILL, NM 88339?

As of February 2026, there are 17 active listings in MAYHILL, NM (zip code 88339), compared to 9 the prior year.

What is the median home price in MAYHILL, NM 88339?

The median listing price in MAYHILL, NM 88339 is $499,750 as of February 2026, a 16.7% decrease from $599,900 the prior year.

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

Homes in MAYHILL, NM 88339 spend an average of 130 days on the market before going under contract, compared to 154 days the prior year.

Is it a seller's or buyer's market in MAYHILL, NM 88339?

Based on current inventory and days-on-market data as of February 2026, MAYHILL, NM 88339 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 130 days on market compared to 154 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MAYHILL, NM 88339 save an estimated $9,995 compared to a typical 5% commission on the median listing price of $499,750. 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.