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Featured local agent — Lobo Canyon, NM

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Lobo Canyon, NM

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Lobo Canyon, NM(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Lobo Canyon, NM Housing Market & Real Estate

Balanced market

Housing market overview · Updated monthly ·

$345,000median sale price

How is the Lobo Canyon, NM housing market right now?

The median home sale price in Lobo Canyon, NM is $345,000. Homes sell in an average of 22 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of December 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Lobo Canyon a buyer's or seller's market?

Balanced market22 avg. days on market

Lobo Canyon, NM is currently a balanced market and homes selling in about 22 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

22

Average pace

Active listings

Sale-to-list

Below asking

What does the Lobo Canyon housing market data show?

Current housing market statistics for Lobo Canyon, NM
MetricValue
Median sale price$345,000
Average days on market22 days
Median price per sq ft$175/sq ft
Homes sold (latest month)1
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Lobo Canyon by property type?

How the Lobo Canyon, NM market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Lobo Canyon, NM
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$345,000$175/sq ft122 days

Source: Redfin · Updated monthly

The Lobo Canyon housing market is currently classified as a balanced market with a median sale price of $345,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 22 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Lobo Canyon

Explore homes currently listed for sale in Lobo Canyon, New Mexico across major real estate platforms.

Who lives in Lobo Canyon?

Population

431

Median income

$88,951/yr

Median age

68.8 years

Owner-occupied

100.0%

College grads

18.8%

Source: U.S. Census Bureau ACS

What is it like to live in Lobo Canyon?

Lobo Canyon is a community of approximately 0K residents with a median age of 68.8 years.The median household income is $88,951, which reflects a relatively affluent area with strong earning potential. 18.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment.Overall, Lobo Canyon offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Lobo Canyon, NM?

Want a head-to-head view? Compare Lobo Canyon side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Lobo Canyon?

The median home sale price in Lobo Canyon is $345,000, down 0.0% from last year.

How long do homes stay on market in Lobo Canyon?

Homes typically spend 22 days on market before going under contract.

What is the median income in Lobo Canyon?

The median household income is $88,951 per year.

How much does a single-family home cost in Lobo Canyon?

The median single-family home price in Lobo Canyon, NM is $345,000 (about $175 per square foot).

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