Silver City, NM Housing Market & Real Estate

Buyer's market+34.8% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Silver City, NM is $267,000, up 34.8% year-over-year. Homes sell in an average of 106 days with 32 active listings. The market is currently a buyer's market.

$267,000median sale price

Is Silver City a buyer's or seller's market?

Buyer's market6.4 months of supply106 avg. days on market

Silver City, NM is currently a buyer's market, based on 6.4 months of supply and homes selling in about 106 days. How we determine this →

Homes sold

5

Last 12 weeks

Days on market

106

Average pace

Active listings

32

6.4 months supply

Sale-to-list

Below asking

Silver City, NM market data

Current housing market statistics for Silver City, NM
MetricValue
Median sale price$267,000
Median list price$225,000
Year-over-year price change+34.8%
Average days on market106 days
Active inventory32 listings
Months of supply6.4 months
Market conditionBuyer's market

Source: Redfin · Updated weekly

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

Homes for sale in Silver City

There are currently 32 homes listed for sale in Silver City, New Mexico. The median listing price is $225K. Featured listings range from $30,000 to $485,000.

land for sale at 508 S Texas St Silver City 88061 - $30,000
3
$30,000

508 S Texas St

Silver City, NM 88061

Land4,792 sqft lot
Est. $146K

Sydney Thayer · Smith Real Estate & Prop. Mgmt.

More about this property
land for sale at 90 Country Rd Silver City 88061 - $50,000
New listing
11
$50,000

90 Country Rd

Silver City, NM 88061

Land10.00 acres

Margaret "Peggy" Humble · Wagon Wheel Realty

More about this property
land for sale at Ridge Rd Silver City 88061 - $52,000
New listing
11
$52,000

Ridge Rd

Silver City, NM 88061

Land6.00 acres

Georgia Bearup · Mimbres Realty

More about this property
3 bedroom mobile home for sale at 2815 Chitalpa Ct Silver City 88061 - $68,500
New listing
19
$68,500

2815 Chitalpa Ct

Silver City, NM 88061

3 bd2 ba1,280 sqft
Mobile home

Jessica Ybarra · Wagon Wheel Realty

More about this property
3 bedroom house for sale at 2104 N Cedar Ave Silver City 88061 - $215,000
New listing
14
$215,000

2104 N Cedar Ave

Silver City, NM 88061

3 bd2 ba1,491 sqft
House6,098 sqft lot
Est. $214K

Eric Escobar · Better Homes and Gardens Real Estate | Silver City

More about this property
3 bedroom house for sale at 3309 N Mann Dr Silver City 88061 - $279,000
New listing
12
$279,000

3309 N Mann Dr

Silver City, NM 88061

3 bd2 ba2,358 sqft
House8,712 sqft lot
Est. $285K

Alexa Trujillo · Enchantment Realty

More about this property
4 bedroom house for sale at 3300 N Mann Dr Silver City 88061 - $280,000
New listing
35
$280,000

3300 N Mann Dr

Silver City, NM 88061

4 bd3 ba2,946 sqft
House19,166 sqft lot
Est. $193K

Blake Farley · Century 21 Hacienda Realty

More about this property
3 bedroom house for sale at 601 E Lance Dr Silver City 88061 - $299,000
New listing
25
$299,000

601 E Lance Dr

Silver City, NM 88061

3 bd2 ba2,135 sqft
House34,848 sqft lot
Est. $339K

Linda Rowse · Enchantment Realty

More about this property
3 bedroom house for sale at 11807 E Highway 180 Silver City 88061 - $384,000
New listing
43
$384,000

11807 E Highway 180

Silver City, NM 88061

3 bd2 ba2,079 sqft
House3.36 acres
Est. $204K

Samilla Andrews · Saenz & Smith Real Estate, Co

More about this property
3 bedroom house for sale at 601 E Trailing Heart Dr Silver City 88061 - $389,000
New listing
7
$389,000

601 E Trailing Heart Dr

Silver City, NM 88061

3 bd2 ba2,450 sqft
House1.00 acres
Est. $363K

Beverly Hamill · Century 21 Hacienda Realty

More about this property
3 bedroom house for sale at 105 Wendy Rd Silver City 88061 - $460,000
New listing
41
$460,000

105 Wendy Rd

Silver City, NM 88061

3 bd2 ba1,739 sqft
House4.00 acres
Est. $341K

Sam Castello · Century 21 Hacienda Realty

More about this property
2 bedroom house for sale at 621 N California Ave Silver City 88061 - $485,000
New listing
49
$485,000

621 N California Ave

Silver City, NM 88061

2 bd3 ba2,280 sqft
House16,553 sqft lot
Est. $487K

Blake Farley · Century 21 Hacienda Realty

More about this property

Looking to buy in Silver City?

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Active listings

32

Homes on market

Median list price

$225K

Avg. days on market

106

Days until sale

New this week

3

Newly listed

Price drops:18.8%of listings

Top public schools in Silver City

8 schools tracked · 2,161 students

The largest public schools serving Silver City, 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.

SILVER HIGH

Grades 9-12 · 645 students

Public

HARRISON SCHMITT ELEMENTARY

Grades 1-6 · 333 students

Public

G.W.STOUT ELEMENTARY

Grades 1-6 · 314 students

Public

LA PLATA MIDDLE

Grades 7-8 · 288 students

Public

JOSE BARRIOS ELEMENTARY

Grades 1-6 · 212 students

Public

ALDO LEOPOLD CHARTER

Grades 6-12 · 196 students

Charter

SIXTH STREET ELEMENTARY

Grades K · 135 students

Public

SILVER SCHOLARS ACADEMY

Grades PK · 38 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in NM

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.

How many homes are for sale in Silver City?

There are currently 32 homes listed for sale in Silver City, NM.

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