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Featured local agent — Agua Fria, NM
Sarah Mitchell
Compass Real Estate · Agua Fria, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Agua Fria, NM Housing Market
The last median sale price Redfin published was $955,000 (through May 2026). With 7.0 months of supply and homes going under contract in about 229 days, Agua Fria is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $955,000 home is about $5,098/mo in principal and interest.
Key numbers for Agua Fria, NM
Median sale price
$955,000
Last published period
Redfin, through November 2025
Days on market
229
Slow-moving
Redfin, through November 2025
Active listings
7
7.0 months of supply
Redfin, through November 2025
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$47,438
Home costs 20.1x income
U.S. Census ACS, 2023
Sale-to-list ratio
96.5%
Selling below asking
Redfin, through November 2025
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Agua Fria a buyer's or seller's market?
Agua Fria, NM is a buyer's market, based on 7.0 months of supply and homes selling in about 229 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Agua Fria housing market data show?
Every row below is Redfin's final published month for Agua Fria, NM. Redfin, through November 2025
| Metric | Value |
|---|---|
| Median sale price | $955,000 |
| Median price per sq ft | $383/sq ft |
| Median days on market | 229 days |
| Active inventory | 7 listings |
| Months of supply | 7.0 months |
| Sale-to-list price ratio | 96.5% |
| Homes sold (that month) | 1 |
| Listings with a price cut | 14.3% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Agua Fria is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Agua Fria is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Agua Fria home prices moved?
Across the 27 months we hold for Agua Fria, NM, the median sale price rose 218.3%, from $300,000 in May 2021 to $955,000. 14.3% of Agua Fria listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 7.0 months while the sale-to-list ratio slips below its current 96.5%. Watch those two together — they move before the median does.
Redfin, through November 2025 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Agua Fria?
Priced off the median sale price of $955,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $191,000 | $764,000 | $5,098/mo |
| 5% | $47,750 | $907,250 | $6,054/mo |
Redfin, through November 2025 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $5,098, that implies roughly $218,499 a year before you add taxes and insurance. The median household in Agua Fria earns $47,438, about $171,061 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 20.1x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Agua Fria in the next 12 months?
Tell us your timeline. We send the Agua Fria market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Agua Fria?
Zillow does not publish a rent index (ZORI) for Agua Fria, NM, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Agua Fria?
Active listings in Agua Fria, NM went from 1 in June 2023 to 7 in November 2025, a +600.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| January 2024 | 3 | not published |
| February 2024 | 2 | 1 |
| July 2024 | 2 | 1 |
| September 2024 | 2 | not published |
| October 2024 | 2 | 1 |
| December 2024 | 1 | not published |
| February 2025 | 2 | 3 |
| May 2025 | 3 | 1 |
| July 2025 | 5 | 2 |
| August 2025 | 7 | 4 |
| September 2025 | 7 | 1 |
| November 2025 | 7 | not published |
Redfin, through November 2025
How does Agua Fria compare to New Mexico and the U.S.?
Agua Fria homes sell for $955,000 — 141% above the New Mexico median of $395,500. Against the national median of $410,700, Agua Fria runs 133% higher.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Agua Fria, NM | $955,000 | not published | 229 days |
| New Mexico statewide | $395,500 | +10.8% | 53 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through November 2025 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Agua Fria
What buyers should watch
- Months of supply, currently 7.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 14.3%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $956 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $955,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Agua Fria listing goes under contract in 229 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 96.5% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Comparable ZIP-level pricing inside Agua Fria varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Agua Fria
There are currently 7 homes listed for sale in Agua Fria, New Mexico.
Active listings
7
Homes on market
Avg. days on market
229
Days until sale
How much do homes cost in Agua Fria by property type?
How the Agua Fria, NM market breaks down across single-family homes, condos and townhouses. Redfin, through November 2025
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $955,000 | $383/sq ft | 1 | 229 days |
| Townhouse | $349,500 | $317/sq ft | 1 | 90 days |
Who lives in Agua Fria?
American Community Survey estimates for Agua Fria. U.S. Census ACS, 2023
Population
2,842
Households
1,358
Median income
$47,438/yr
Median age
43.3 years
Owner-occupied
44.9%
Median home value
$264,900
Median gross rent
$1,143/mo
Mean commute
26.3 min
44.9% of occupied homes in Agua Fria are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Agua Fria, NM?
Ordered by distance from Agua Fria, not by size. Compare Agua Fria side by side with any of them.
Agua Fria housing market FAQ
Is Agua Fria a buyer's or seller's market?
Agua Fria, NM is currently a buyer's market. That read comes from 7.0 months of supply, homes going under contract in about 229 days, and sellers getting 96.5% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Agua Fria?
The median sale price in the last month Redfin published was $955,000, about $383 per square foot.
Is Agua Fria cheaper than the rest of New Mexico?
Agua Fria's median sale price of $955,000 is 141% higher than the New Mexico statewide median of $395,500, and 133% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Agua Fria?
Homes in Agua Fria, NM spent a median of 229 days on market before going under contract, versus 53 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Agua Fria?
At the current 30-year fixed rate of 7.03%, 20% down on a $955,000 home is about $5,098 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $218,499 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $47,438.
Are home prices rising in Agua Fria?
We do not hold a complete 12-month value series for Agua Fria, NM yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Agua Fria?
Agua Fria ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Agua Fria?
That depends on your timeline, not on a headline. What the data says today: Agua Fria, NM is a buyer's market with 7.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $955,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.