El Rancho, NM
Housing market overview · Updated weekly
$399,000median sale price
Homes sold
1
Last 12 weeks
Days on market
435
Average pace
Active listings
1
1.0 months supply
Sale-to-list
100.0%
Above asking
The El Rancho housing market is currently classified as a seller's market with a median sale price of $399,000. Prices have fallen 48.2% compared to last year, with homes spending an average of 435 days on market, indicating 1.0 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
Homes for sale in El Rancho
There are currently 1 homes listed for sale in El Rancho, New Mexico.
Active listings
1
Homes on market
Avg. days on market
435
Days until sale
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Frequently asked questions
What is the average home price in El Rancho?
The median home sale price in El Rancho is $399,000, down 48.2% from last year.
How long do homes stay on market in El Rancho?
Homes typically spend 435 days on market before going under contract.
Is El Rancho a buyer's or seller's market?
With 1.0 months of supply, El Rancho is currently a seller's market.
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