Cloudcroft, NM

Balanced market-10.3% YoY

Housing market overview · Updated weekly

$299,000median sale price

Homes sold

5

Last 12 weeks

Days on market

39

Average pace

Active listings

24

4.8 months supply

Sale-to-list

Below asking

The Cloudcroft housing market is currently classified as a balanced market with a median sale price of $299,000. Prices have fallen 10.3% compared to last year, with homes spending an average of 39 days on market, indicating 4.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Cloudcroft?

The median home sale price in Cloudcroft is $299,000, down 10.3% from last year.

How long do homes stay on market in Cloudcroft?

Homes typically spend 39 days on market before going under contract.

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

With 4.8 months of supply, Cloudcroft is currently a balanced market.

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