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Featured local agent — Mora, NM
Sarah Mitchell
Compass Real Estate · Mora, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mora, NM Housing Market
The last median sale price Redfin published was $125,000 (through May 2026). With 1.0 months of supply and homes going under contract in about 2436 days, Mora is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $125,000 home is about $667/mo in principal and interest.
Key numbers for Mora, NM
Median sale price
$125,000
Last published period
Redfin, through July 2022
Days on market
2436
Slow-moving
Redfin, through July 2022
Active listings
1
1.0 months of supply
Redfin, through July 2022
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$69,063
Home costs 1.8x income
U.S. Census ACS, 2023
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Mora a buyer's or seller's market?
Mora, NM is a seller's market, based on 1.0 months of supply and homes selling in about 2436 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Mora housing market data show?
Every row below is Redfin's final published month for Mora, NM. Redfin, through July 2022
| Metric | Value |
|---|---|
| Median sale price | $125,000 |
| Median price per sq ft | $93/sq ft |
| Median days on market | 2436 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Homes sold (that month) | 1 |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Mora is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Mora is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Mora home prices moved?
We hold fewer than three months of sale history for Mora, NM, which is not enough to draw a trend line without misleading you. The Zillow value figures above are the current read for this city.
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What does it cost to buy a home in Mora?
Priced off the median sale price of $125,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $25,000 | $100,000 | $667/mo |
| 5% | $6,250 | $118,750 | $792/mo |
Redfin, through July 2022 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $667, that implies roughly $28,599 a year before you add taxes and insurance. The median household in Mora earns $69,063, about $40,464 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 1.8x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Mora in the next 12 months?
Tell us your timeline. We send the Mora market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Mora?
Zillow does not publish a rent index (ZORI) for Mora, NM, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Mora?
We hold fewer than two months of inventory readings for Mora, NM, so there is no trend to report yet. The most recent count we have is 1 active listings (Redfin, through May 2026).
How does Mora compare to New Mexico and the U.S.?
Mora homes sell for $125,000 — 68% below the New Mexico median of $395,500. Against the national median of $410,700, Mora runs 70% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Mora, NM | $125,000 | not published | 2436 days |
| New Mexico statewide | $395,500 | +10.8% | 53 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through July 2022 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Mora
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $125 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $125,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Mora listing goes under contract in 2436 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Comparable ZIP-level pricing inside Mora varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Mora
There are currently 1 homes listed for sale in Mora, New Mexico.
Active listings
1
Homes on market
Avg. days on market
2436
Days until sale
How much do homes cost in Mora by property type?
How the Mora, NM market breaks down across single-family homes, condos and townhouses. Redfin, through July 2022
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $125,000 | $93/sq ft | 1 | 2436 days |
Who lives in Mora?
American Community Survey estimates for Mora. U.S. Census ACS, 2023
Population
518
Households
229
Median income
$69,063/yr
Median age
42.1 years
Owner-occupied
84.3%
Median home value
$213,600
84.3% of occupied homes in Mora are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which public schools serve Mora?
4 schools tracked · 452 students
The largest public schools serving Mora, NM by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
MORA ELEMENTARY
Grades 1-5 · 160 students
MORA HIGH
Grades 9-12 · 114 students
HOLMAN ELEMENTARY
Grades PK-K · 94 students
LAZARO LARRY GARCIA MIDDLE
Grades 6-8 · 84 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Mora, NM?
Ordered by distance from Mora, not by size. Compare Mora side by side with any of them.
Mora housing market FAQ
Is Mora a buyer's or seller's market?
Mora, NM is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 2436 days in the last month Redfin published (May 2026).
How much do homes cost in Mora?
The median sale price in the last month Redfin published was $125,000, about $93 per square foot.
Is Mora cheaper than the rest of New Mexico?
Mora's median sale price of $125,000 is 68% lower than the New Mexico statewide median of $395,500, and 70% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Mora?
Homes in Mora, NM spent a median of 2436 days on market before going under contract, versus 53 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Mora?
At the current 30-year fixed rate of 7.03%, 20% down on a $125,000 home is about $667 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $28,599 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $69,063.
Are home prices rising in Mora?
We do not hold a complete 12-month value series for Mora, NM yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Mora?
Mora ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Mora?
That depends on your timeline, not on a headline. What the data says today: Mora, NM is a seller's market with 1.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $125,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.