Madrid, NM
Housing market overview · Updated weekly
$374,000median sale price
Homes sold
1
Last 12 weeks
Days on market
192
Average pace
Active listings
2
2.0 months supply
Sale-to-list
93.7%
Below asking
The Madrid housing market is currently classified as a balanced market with a median sale price of $374,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 192 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 Madrid
There are currently 2 homes listed for sale in Madrid, New Mexico. The median listing price is $500K.
Active listings
2
Homes on market
Median list price
$500K
Avg. days on market
192
Days until sale
New this week
1
Newly listed
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Frequently asked questions
What is the average home price in Madrid?
The median home sale price in Madrid is $374,000, down 0.0% from last year.
How long do homes stay on market in Madrid?
Homes typically spend 192 days on market before going under contract.
Is Madrid a buyer's or seller's market?
With 2.0 months of supply, Madrid is currently a balanced market.
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