Artesia, NM

Buyer's market-26.9% YoY

Housing market overview · Updated weekly

$190,000median sale price

Homes sold

5

Last 12 weeks

Days on market

87

Average pace

Active listings

39

7.8 months supply

Sale-to-list

95.5%

Below asking

The Artesia housing market is currently classified as a buyer's market with a median sale price of $190,000. Prices have fallen 26.9% compared to last year, with homes spending an average of 87 days on market, indicating 7.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Artesia

There are currently 39 homes listed for sale in Artesia, New Mexico. The median listing price is $270K.

Active listings

39

Homes on market

Median list price

$270K

Avg. days on market

87

Days until sale

New this week

21

Newly listed

Price drops:20.5%of listings
Sale-to-list:95.5%

Explore nearby cities in NM

Frequently asked questions

What is the average home price in Artesia?

The median home sale price in Artesia is $190,000, down 26.9% from last year.

How long do homes stay on market in Artesia?

Homes typically spend 87 days on market before going under contract.

Is Artesia a buyer's or seller's market?

With 7.8 months of supply, Artesia is currently a buyer's market.

Get Artesia market alerts

Weekly updates on prices, inventory, and trends. Free forever.