Picacho Hills, NM Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Picacho Hills, NM is $445,000, up 36.9% year-over-year. Homes sell in an average of 135 days with 32 active listings. The market is currently a leaning buyer's.
$445,000median sale price
Is Picacho Hills a buyer's or seller's market?
Picacho Hills, NM is currently a leaning buyer's, based on 4.6 months of supply and homes selling in about 135 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
135
Average pace
Active listings
32
4.6 months supply
Sale-to-list
—
Below asking
Picacho Hills, NM market data
| Metric | Value |
|---|---|
| Median sale price | $445,000 |
| Median list price | $479,950 |
| Year-over-year price change | +36.9% |
| Average days on market | 135 days |
| Active inventory | 32 listings |
| Months of supply | 4.6 months |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The Picacho Hills housing market is currently classified as a leaning buyer's with a median sale price of $445,000. Prices have risen 36.9% compared to last year, with homes spending an average of 135 days on market, indicating 4.6 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 Picacho Hills
There are currently 32 homes listed for sale in Picacho Hills, New Mexico. The median listing price is $480K.
Active listings
32
Homes on market
Median list price
$480K
Avg. days on market
135
Days until sale
New this week
8
Newly listed
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Frequently asked questions
What is the average home price in Picacho Hills?
The median home sale price in Picacho Hills is $445,000, up 36.9% from last year.
How long do homes stay on market in Picacho Hills?
Homes typically spend 135 days on market before going under contract.
Is Picacho Hills a buyer's or seller's market?
With 4.6 months of supply, Picacho Hills is currently a leaning buyer's.
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