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Featured local agent — Clovis, NM
Sarah Mitchell
Compass Real Estate · Clovis, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Clovis, NM Housing Market & Real Estate
Housing market overview · Updated monthly ·
$244,950median sale price
How is the Clovis, NM housing market right now?
The median home sale price in Clovis, NM is $244,950, up 22.5% year-over-year. Homes sell in an average of 36 days with 191 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Clovis a buyer's or seller's market?
Clovis, NM is currently a leaning buyer's, based on 5.3 months of supply and homes selling in about 36 days. How we determine this →
Homes sold
36
Last 12 weeks
Days on market
36
Average pace
Active listings
191
5.3 months supply
Sale-to-list
—
Below asking
What does the Clovis housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $244,950 |
| Median list price | $223,000 |
| Year-over-year price change | +22.5% |
| Average days on market | 36 days |
| Active inventory | 191 listings |
| Months of supply | 5.3 months |
| Median price per sq ft | $140/sq ft |
| Homes sold (latest month) | 36 |
| New listings (latest month) | 57 |
| Listings with a price cut | 29.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Clovis by property type?
How the Clovis, 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 | $244,950 | $140/sq ft | 36 | 36 days |
| Condo / Co-op | $132,500 | $98/sq ft | 1 | 35 days |
| Townhouse | $153,500 | $75/sq ft | 1 | 122 days |
Source: Redfin · Updated monthly
The Clovis housing market is currently classified as a leaning buyer's with a median sale price of $244,950. Prices have risen 22.5% compared to last year, with homes spending an average of 36 days on market, indicating 5.3 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 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in Clovis
There are currently 191 homes listed for sale in Clovis, New Mexico. The median listing price is $223K.
Active listings
191
Homes on market
Median list price
$223K
Avg. days on market
36
Days until sale
New this week
57
Newly listed
Who lives in Clovis?
Population
38,153
Median income
$54,029/yr
Median age
31.8 years
Owner-occupied
60.6%
College grads
21.3%
Avg commute
16.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Clovis?
Zillow home value
$162,727
Zillow rent index
$1,206/mo
Price-to-rent ratio
11.2x
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Clovis?
Clovis is a community of approximately 38K residents with a median age of 31.8 years.The median household income is $54,029, which represents a working-class community with solid middle-income opportunities. 21.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 60.6%, showing a blend of owner and renter-occupied properties. The average commute time is 16.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Clovis offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Clovis?
18 schools tracked · 7,528 students
The largest public schools serving Clovis, 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.
CLOVIS HIGH
Grades 9-12 · 1,514 students
W D GATTIS MIDDLE SCHOOL
Grades 7-8 · 556 students
CLOVIS HS FRESHMAN ACADEMY
Grades 9 · 533 students
MARSHALL 6TH GRADE ACADEMY
Grades 6 · 517 students
YUCCA MIDDLE
Grades 7-8 · 455 students
MESA ELEMENTARY
Grades PK-5 · 418 students
ZIA ELEMENTARY
Grades PK-5 · 399 students
BARRY ELEMENTARY
Grades PK-5 · 384 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 Clovis, NM?
Want a head-to-head view? Compare Clovis side-by-side with any other U.S. city using our market-comparison tool.
Is Clovis a good real estate investment market?
For investors evaluating Clovis, the price-to-rent ratio of 11.2x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 22.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Clovis's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Clovis's median home price.
Frequently asked questions
What is the average home price in Clovis?
The median home sale price in Clovis is $244,950, up 22.5% from last year.
How long do homes stay on market in Clovis?
Homes typically spend 36 days on market before going under contract.
What is the median income in Clovis?
The median household income is $54,029 per year.
Is Clovis a buyer's or seller's market?
With 5.3 months of supply, Clovis is currently a leaning buyer's.
What is the Zillow home value estimate for Clovis?
The Zillow Home Value Index (ZHVI) for Clovis is $162,727, representing the typical home value in the area.
What is the median condo price in Clovis?
The median condo/co-op sale price in Clovis, NM is $132,500, compared to $244,950 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Clovis?
The median single-family home price in Clovis, NM is $244,950 (about $140 per square foot).
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