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Featured local agent — Carrizozo, NM
Sarah Mitchell
Compass Real Estate · Carrizozo, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Carrizozo, NM Housing Market & Real Estate
Housing market overview · Updated monthly ·
$79,500median sale price
How is the Carrizozo, NM housing market right now?
The median home sale price in Carrizozo, NM is $79,500, down 63.9% year-over-year. Homes sell in an average of 77 days with 5 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of October 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Carrizozo a buyer's or seller's market?
Carrizozo, NM is currently a leaning buyer's, based on 5.0 months of supply and homes selling in about 77 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
77
Average pace
Active listings
5
5.0 months supply
Sale-to-list
—
Below asking
What does the Carrizozo housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $79,500 |
| Year-over-year price change | -63.9% |
| Average days on market | 77 days |
| Active inventory | 5 listings |
| Months of supply | 5.0 months |
| Median price per sq ft | $64/sq ft |
| Homes sold (latest month) | 1 |
| Listings with a price cut | 20.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Carrizozo by property type?
How the Carrizozo, NM market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $79,500 | $64/sq ft | 1 | 77 days |
Source: Redfin · Updated monthly
The Carrizozo housing market is currently classified as a leaning buyer's with a median sale price of $79,500. Prices have fallen 63.9% compared to last year, with homes spending an average of 77 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.6x provides context for how home values compare to local earning capacity.
Homes for sale in Carrizozo
There are currently 5 homes listed for sale in Carrizozo, New Mexico.
Active listings
5
Homes on market
Avg. days on market
77
Days until sale
Who lives in Carrizozo?
Population
959
Median income
$26,121/yr
Median age
49 years
Owner-occupied
80.7%
College grads
16.3%
Avg commute
17.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Carrizozo?
Zillow home value
$145,303
Price-to-income
5.6x
Source: Zillow Research
What is it like to live in Carrizozo?
Carrizozo is a community of approximately 1K residents with a median age of 49 years.The median household income is $26,121, which represents a working-class community with solid middle-income opportunities. 16.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 80.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 17.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Carrizozo offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Carrizozo?
3 schools tracked · 169 students
The largest public schools serving Carrizozo, NM by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
CARRIZOZO ELEMENTARY
Grades K-5 · 70 students
CARRIZOZO HIGH
Grades 9-12 · 60 students
CARRIZOZO MIDDLE
Grades 6-8 · 39 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Carrizozo, NM?
Want a head-to-head view? Compare Carrizozo side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Carrizozo?
The median home sale price in Carrizozo is $79,500, down 63.9% from last year.
How long do homes stay on market in Carrizozo?
Homes typically spend 77 days on market before going under contract.
What is the median income in Carrizozo?
The median household income is $26,121 per year.
Is Carrizozo a buyer's or seller's market?
With 5.0 months of supply, Carrizozo is currently a leaning buyer's.
What is the Zillow home value estimate for Carrizozo?
The Zillow Home Value Index (ZHVI) for Carrizozo is $145,303, representing the typical home value in the area.
How much does a single-family home cost in Carrizozo?
The median single-family home price in Carrizozo, NM is $79,500 (about $64 per square foot).
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