$30,000
4 Bass Rd
Bluewater Acres, NM
1 bd1 ba800 sqft$38/ft²
Mobile home20,909 sqft lot
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Sarah Mitchell
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Compass Real Estate · Bluewater Acres, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Bluewater Acres, NM(512) 555-0184TX License #0512847
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Bluewater Acres, NM Housing Market
Seller's market
Redfin, through August 2024 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The last median sale price Redfin published was $70,000 (through May 2026). With 1.0 months of supply and homes going under contract in about 73 days, Bluewater Acres is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $70,000 home is about $374/mo in principal and interest.
Key numbers for Bluewater Acres, NM
Median sale price
$70,000
Last published period
Redfin, through August 2024
Days on market
73
Slow-moving
Redfin, through August 2024
Active listings
1
1.0 months of supply
Redfin, through August 2024
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
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 Bluewater Acres a buyer's or seller's market?
Seller's market1.0 months of supply73 days on market
Bluewater Acres, NM is a seller's market, based on 1.0 months of supply and homes selling in about 73 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Bluewater Acres housing market data show?
Every row below is Redfin's final published month for Bluewater Acres, NM. Redfin, through August 2024
| Metric | Value |
|---|---|
| Median sale price | $70,000 |
| Median list price | $129,000 |
| Median price per sq ft | $78/sq ft |
| Median days on market | 73 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Homes sold (that month) | 1 |
| New listings (that month) | 1 |
| Market condition | Seller'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 Bluewater Acres is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Bluewater Acres 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 Bluewater Acres home prices moved?
Across the 9 months we hold for Bluewater Acres, NM, the median sale price rose 16.7%, from $60,000 in June 2021 to $70,000.
Redfin, through August 2024 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Bluewater Acres?
Priced off the median sale price of $70,000 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% | $14,000 | $56,000 | $374/mo |
| 5% | $3,500 | $66,500 | $444/mo |
Redfin, through August 2024 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 $374, that implies roughly $16,016 a year before you add taxes and insurance. We do not hold a Census income figure for Bluewater Acres, so we cannot compare that threshold to local earnings.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Bluewater Acres in the next 12 months?
Tell us your timeline. We send the Bluewater Acres 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 Bluewater Acres?
Zillow does not publish a rent index (ZORI) for Bluewater Acres, 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 Bluewater Acres?
Active listings in Bluewater Acres, NM went from 1 in December 2021 to 1 in August 2024, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| December 2021 | 1 | not published |
| June 2023 | 3 | 2 |
| November 2023 | 2 | not published |
| May 2024 | 1 | 2 |
| August 2024 | 1 | 1 |
Redfin, through August 2024
How does Bluewater Acres compare to New Mexico and the U.S.?
Bluewater Acres homes sell for $70,000 — 82% below the New Mexico median of $395,500. Against the national median of $410,700, Bluewater Acres runs 83% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Bluewater Acres, NM | $70,000 | not published | 73 days |
| New Mexico statewide | $395,500 | +10.8% | 53 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through August 2024 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Bluewater Acres
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $70 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 $70,000 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 Bluewater Acres listing goes under contract in 73 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- In the last published month Bluewater Acres added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
- Comparable ZIP-level pricing inside Bluewater Acres varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Bluewater Acres
There are currently 1 homes listed for sale in Bluewater Acres, New Mexico. The median listing price is $129K. Featured listings range from $30,000 to $239,000.
$129,000
1257 Highway 612
Bluewater Acres, NM
3 bd2 ba4,000 sqft$32/ft²
House26,136 sqft lot
View photos & details
$239,000
33 Carp Rd
Bluewater Acres, NM
3 bd2 ba2,150 sqft$111/ft²
House22,216 sqft lot
View photos & details
Looking to buy in Bluewater Acres?
Get connected with a local real estate expert — free, no obligation.
Active listings
1
Homes on market
Median list price
$129K
Avg. days on market
73
Days until sale
New this week
1
Newly listed
How much do homes cost in Bluewater Acres by property type?
How the Bluewater Acres, NM market breaks down across single-family homes, condos and townhouses. Redfin, through August 2024
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $70,000 | $78/sq ft | 1 | 73 days |
Which cities are near Bluewater Acres, NM?
Ordered by distance from Bluewater Acres, not by size. Compare Bluewater Acres side by side with any of them.
Bluewater Acres housing market FAQ
Is Bluewater Acres a buyer's or seller's market?
Bluewater Acres, NM is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 73 days in the last month Redfin published (May 2026).
How much do homes cost in Bluewater Acres?
The median sale price in the last month Redfin published was $70,000, about $78 per square foot.
Is Bluewater Acres cheaper than the rest of New Mexico?
Bluewater Acres's median sale price of $70,000 is 82% lower than the New Mexico statewide median of $395,500, and 83% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Bluewater Acres?
Homes in Bluewater Acres, NM spent a median of 73 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 Bluewater Acres?
At the current 30-year fixed rate of 7.03%, 20% down on a $70,000 home is about $374 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $16,016 a year before taxes, insurance, HOA dues or mortgage insurance.
Are home prices rising in Bluewater Acres?
We do not hold a complete 12-month value series for Bluewater Acres, 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 Bluewater Acres?
Bluewater Acres 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 Bluewater Acres?
That depends on your timeline, not on a headline. What the data says today: Bluewater Acres, NM is a seller's market with 1.0 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 $70,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.