Artesia, NM
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
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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.
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