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Featured local agent — Elida, NM
Sarah Mitchell
Compass Real Estate · Elida, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Elida, NM Housing Market & Real Estate
Housing market overview · Updated monthly ·
$100,000median sale price
How is the Elida, NM housing market right now?
The median home sale price in Elida, NM is $100,000. Homes sell in an average of 292 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of September 2024 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Elida a buyer's or seller's market?
Elida, NM is currently a seller's market, based on 1.0 months of supply and homes selling in about 292 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
292
Average pace
Active listings
1
1.0 months supply
Sale-to-list
—
Below asking
What does the Elida housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $100,000 |
| Average days on market | 292 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Median price per sq ft | $52/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Elida by property type?
How the Elida, 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 | $100,000 | $52/sq ft | 1 | 292 days |
Source: Redfin · Updated monthly
The Elida housing market is currently classified as a seller's market with a median sale price of $100,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 292 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.
Homes for sale in Elida
There are currently 1 homes listed for sale in Elida, New Mexico.
Active listings
1
Homes on market
Avg. days on market
292
Days until sale
Who lives in Elida?
Population
151
Median income
$51,818/yr
Median age
57.4 years
Owner-occupied
92.2%
College grads
20.6%
Avg commute
38.2 min
Source: U.S. Census Bureau ACS
What is it like to live in Elida?
Elida is a community of approximately 0K residents with a median age of 57.4 years.The median household income is $51,818, which represents a working-class community with solid middle-income opportunities. 20.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 92.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 38.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Elida offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Elida?
2 schools tracked · 147 students
The largest public schools serving Elida, 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.
ELIDA ELEMENTARY
Grades PK-6 · 75 students
ELIDA HIGH
Grades 7-12 · 72 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 Elida, NM?
Want a head-to-head view? Compare Elida side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Elida?
The median home sale price in Elida is $100,000, down 0.0% from last year.
How long do homes stay on market in Elida?
Homes typically spend 292 days on market before going under contract.
What is the median income in Elida?
The median household income is $51,818 per year.
Is Elida a buyer's or seller's market?
With 1.0 months of supply, Elida is currently a seller's market.
How much does a single-family home cost in Elida?
The median single-family home price in Elida, NM is $100,000 (about $52 per square foot).
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