Mesilla, NM

Buyer's market-31.6% YoY

Housing market overview · Updated weekly

$225,000median sale price

Homes sold

1

Last 12 weeks

Days on market

244

Average pace

Active listings

12

12.0 months supply

Sale-to-list

Below asking

The Mesilla housing market is currently classified as a buyer's market with a median sale price of $225,000. Prices have fallen 31.6% compared to last year, with homes spending an average of 244 days on market, indicating 12.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Mesilla

There are currently 12 homes listed for sale in Mesilla, New Mexico. The median listing price is $937K.

Active listings

12

Homes on market

Median list price

$937K

Avg. days on market

244

Days until sale

New this week

2

Newly listed

Price drops:16.7%of listings

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Frequently asked questions

What is the average home price in Mesilla?

The median home sale price in Mesilla is $225,000, down 31.6% from last year.

How long do homes stay on market in Mesilla?

Homes typically spend 244 days on market before going under contract.

Is Mesilla a buyer's or seller's market?

With 12.0 months of supply, Mesilla is currently a buyer's market.

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