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Featured local agent — Grants, NM
Sarah Mitchell
Compass Real Estate · Grants, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Grants, NM Housing Market & Real Estate
Housing market overview · Updated monthly ·
$131,000median sale price
How is the Grants, NM housing market right now?
The median home sale price in Grants, NM is $131,000, down 40.9% year-over-year. Homes sell in an average of 423 days with 23 active listings. The market is currently a buyer's market. (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 Grants a buyer's or seller's market?
Grants, NM is currently a buyer's market, based on 11.5 months of supply and homes selling in about 423 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
423
Average pace
Active listings
23
11.5 months supply
Sale-to-list
—
Below asking
What does the Grants housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $131,000 |
| Median list price | $292,500 |
| Year-over-year price change | -40.9% |
| Average days on market | 423 days |
| Active inventory | 23 listings |
| Months of supply | 11.5 months |
| Median price per sq ft | $105/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 7 |
| Listings with a price cut | 21.7% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Grants by property type?
How the Grants, 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 | $131,000 | $105/sq ft | 2 | 423 days |
Source: Redfin · Updated monthly
The Grants housing market is currently classified as a buyer's market with a median sale price of $131,000. Prices have fallen 40.9% compared to last year, with homes spending an average of 423 days on market, indicating 11.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.
Homes for sale in Grants
There are currently 23 homes listed for sale in Grants, New Mexico. The median listing price is $293K.
Active listings
23
Homes on market
Median list price
$293K
Avg. days on market
423
Days until sale
New this week
7
Newly listed
Who lives in Grants?
Population
9,106
Median income
$49,286/yr
Median age
33.8 years
Owner-occupied
56.0%
College grads
23.9%
Avg commute
14.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Grants?
Zillow home value
$160,145
Price-to-income
3.2x
Source: Zillow Research
What is it like to live in Grants?
Grants is a community of approximately 9K residents with a median age of 33.8 years.The median household income is $49,286, which represents a working-class community with solid middle-income opportunities. 23.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 56.0%, showing a blend of owner and renter-occupied properties. The average commute time is 14.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Grants offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Grants?
7 schools tracked · 2,138 students
The largest public schools serving Grants, 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.
GRANTS HIGH
Grades 9-12 · 817 students
MESA VIEW ELEMENTARY
Grades PK-6 · 477 students
LOS ALAMITOS MIDDLE
Grades 7-8 · 422 students
MOUNT TAYLOR ELEMENTARY
Grades PK-6 · 373 students
GCCS EARLY COLLEGE HIGH SCHOOL
Grades 9-12 · 47 students
WESTERN NM CORRECTIONS
Grades 8-12 · 2 students
NORTHWESTERN NM CORRECTIONS
Grades 8-12
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 Grants, NM?
Want a head-to-head view? Compare Grants side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Grants?
The median home sale price in Grants is $131,000, down 40.9% from last year.
How long do homes stay on market in Grants?
Homes typically spend 423 days on market before going under contract.
What is the median income in Grants?
The median household income is $49,286 per year.
Is Grants a buyer's or seller's market?
With 11.5 months of supply, Grants is currently a buyer's market.
What is the Zillow home value estimate for Grants?
The Zillow Home Value Index (ZHVI) for Grants is $160,145, representing the typical home value in the area.
How much does a single-family home cost in Grants?
The median single-family home price in Grants, NM is $131,000 (about $105 per square foot).
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