Silver City, NM
Housing market overview · Updated weekly
$267,000median sale price
Homes sold
5
Last 12 weeks
Days on market
106
Average pace
Active listings
32
6.4 months supply
Sale-to-list
—
Below asking
The Silver City housing market is currently classified as a buyer's market with a median sale price of $267,000. Prices have risen 34.8% compared to last year, with homes spending an average of 106 days on market, indicating 6.4 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
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Frequently asked questions
What is the average home price in Silver City?
The median home sale price in Silver City is $267,000, up 34.8% from last year.
How long do homes stay on market in Silver City?
Homes typically spend 106 days on market before going under contract.
Is Silver City a buyer's or seller's market?
With 6.4 months of supply, Silver City is currently a buyer's market.
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