Red River, NM
Housing market overview · Updated weekly
$850,000median sale price
Homes sold
1
Last 12 weeks
Days on market
18
Fast-moving
Active listings
15
15.0 months supply
Sale-to-list
—
Below asking
The Red River housing market is currently classified as a buyer's market with a median sale price of $850,000. Prices have risen 50.4% compared to last year, with homes spending an average of 18 days on market, indicating 15.0 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 Red River
There are currently 15 homes listed for sale in Red River, New Mexico. The median listing price is $346K.
Active listings
15
Homes on market
Median list price
$346K
Avg. days on market
18
Days until sale
New this week
2
Newly listed
Explore nearby cities in NM
Frequently asked questions
What is the average home price in Red River?
The median home sale price in Red River is $850,000, up 50.4% from last year.
How long do homes stay on market in Red River?
Homes typically spend 18 days on market before going under contract.
Is Red River a buyer's or seller's market?
With 15.0 months of supply, Red River is currently a buyer's market.
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