La Cienega, NM Housing Market & Real Estate

Balanced market-42.9% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in La Cienega, NM is $600,000, down 42.9% year-over-year. Homes sell in an average of 90 days with 6 active listings. The market is currently a balanced market.

$600,000median sale price

Is La Cienega a buyer's or seller's market?

Balanced market2.0 months of supply90 avg. days on market

La Cienega, NM is currently a balanced market, based on 2.0 months of supply and homes selling in about 90 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

90

Average pace

Active listings

6

2.0 months supply

Sale-to-list

88.8%

Below asking

La Cienega, NM market data

Current housing market statistics for La Cienega, NM
MetricValue
Median sale price$600,000
Median list price$587,000
Year-over-year price change-42.9%
Average days on market90 days
Active inventory6 listings
Months of supply2.0 months
Sale-to-list price ratio88.8%
Market conditionBalanced market

Source: Redfin · Updated weekly

The La Cienega housing market is currently classified as a balanced market with a median sale price of $600,000. Prices have fallen 42.9% compared to last year, with homes spending an average of 90 days on market, indicating 2.0 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 La Cienega

There are currently 6 homes listed for sale in La Cienega, New Mexico. The median listing price is $587K.

Active listings

6

Homes on market

Median list price

$587K

Avg. days on market

90

Days until sale

New this week

2

Newly listed

Price drops:16.7%of listings
Sale-to-list:88.8%

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Frequently asked questions

What is the average home price in La Cienega?

The median home sale price in La Cienega is $600,000, down 42.9% from last year.

How long do homes stay on market in La Cienega?

Homes typically spend 90 days on market before going under contract.

Is La Cienega a buyer's or seller's market?

With 2.0 months of supply, La Cienega is currently a balanced market.

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