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Featured local agent — Medanales, NM
Sarah Mitchell
Compass Real Estate · Medanales, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Medanales, NM Housing Market & Real Estate
Housing market overview · Updated monthly ·
$230,000median sale price
How is the Medanales, NM housing market right now?
The median home sale price in Medanales, NM is $230,000. Homes sell in an average of 260 days with 4 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Medanales a buyer's or seller's market?
Medanales, NM is currently a buyer's market, based on 4.0 months of supply and homes selling in about 260 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
260
Average pace
Active listings
4
4.0 months supply
Sale-to-list
95.8%
Below asking
What does the Medanales housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $230,000 |
| Average days on market | 260 days |
| Active inventory | 4 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 95.8% |
| Median price per sq ft | $257/sq ft |
| Homes sold (latest month) | 1 |
| Listings with a price cut | 25.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Medanales by property type?
How the Medanales, 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 | $230,000 | $257/sq ft | 1 | 260 days |
Source: Redfin · Updated monthly
The Medanales housing market is currently classified as a buyer's market with a median sale price of $230,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 260 days on market, indicating 4.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Medanales
There are currently 4 homes listed for sale in Medanales, New Mexico.
Active listings
4
Homes on market
Avg. days on market
260
Days until sale
Who lives in Medanales?
Population
246
Median age
57.9 years
Owner-occupied
100.0%
Source: U.S. Census Bureau ACS
What is it like to live in Medanales?
Medanales is a community of approximately 0K residents with a median age of 57.9 years.0
Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment.Overall, Medanales offers a distinctive character that appeals to different lifestyle preferences.
Which cities are near Medanales, NM?
Want a head-to-head view? Compare Medanales side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Medanales?
The median home sale price in Medanales is $230,000, down 0.0% from last year.
How long do homes stay on market in Medanales?
Homes typically spend 260 days on market before going under contract.
Is Medanales a buyer's or seller's market?
With 4.0 months of supply, Medanales is currently a buyer's market.
How much does a single-family home cost in Medanales?
The median single-family home price in Medanales, NM is $230,000 (about $257 per square foot).
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