3
$30,000
508 S Texas St
Silver City, NM 88061
Land4,792 sqft lot
Sydney Thayer · Smith Real Estate & Prop. Mgmt.
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Compass Real Estate · Silver City, NM
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Silver City, NM Housing Market & Real Estate
Balanced market+30.3% YoY
Housing market overview · Updated monthly ·
$215,000median sale price
How is the Silver City, NM housing market right now?
The median home sale price in Silver City, NM is $215,000, up 30.3% year-over-year. Homes sell in an average of 40 days with 35 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Silver City a buyer's or seller's market?
Balanced market5.0 months of supply40 avg. days on market
Silver City, NM is currently a balanced market, based on 5.0 months of supply and homes selling in about 40 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
40
Average pace
Active listings
35
5.0 months supply
Sale-to-list
—
Below asking
What does the Silver City housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $215,000 |
| Median list price | $310,000 |
| Year-over-year price change | +30.3% |
| Average days on market | 40 days |
| Active inventory | 35 listings |
| Months of supply | 5.0 months |
| Median price per sq ft | $144/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 11 |
| Listings with a price cut | 11.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Silver City by property type?
How the Silver City, NM market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $215,000 | $144/sq ft | 7 | 40 days |
| Condo / Co-op | $260,000 | $154/sq ft | 1 | 26 days |
Source: Redfin · Updated monthly
The Silver City housing market is currently classified as a balanced market with a median sale price of $215,000. Prices have risen 30.3% compared to last year, with homes spending an average of 40 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.7x provides context for how home values compare to local earning capacity.
Homes for sale in Silver City
There are currently 35 homes listed for sale in Silver City, New Mexico. The median listing price is $310K. Featured listings range from $30,000 to $485,000.
New Listing
11
$50,000
90 Country Rd
Silver City, NM 88061
Land10.00 acres
Margaret "Peggy" Humble · Wagon Wheel Realty
View photos & details
New Listing
11
$52,000
Ridge Rd
Silver City, NM 88061
Land6.00 acres
Georgia Bearup · Mimbres Realty
View photos & details
New Listing
19
$68,500
2815 Chitalpa Ct
Silver City, NM 88061
3 bd2 ba1,280 sqft$54/ft²
Mobile home
Jessica Ybarra · Wagon Wheel Realty
View photos & details
New Listing
14
$215,000
2104 N Cedar Ave
Silver City, NM 88061
3 bd2 ba1,491 sqft$144/ft²
House6,098 sqft lot
Eric Escobar · Better Homes and Gardens Real Estate | Silver City
View photos & details
New Listing
12
$279,000
3309 N Mann Dr
Silver City, NM 88061
3 bd2 ba2,358 sqft$118/ft²
House8,712 sqft lot
Alexa Trujillo · Enchantment Realty
View photos & details
New Listing
35
$280,000
3300 N Mann Dr
Silver City, NM 88061
4 bd3 ba2,946 sqft$95/ft²
House19,166 sqft lot
Blake Farley · Century 21 Hacienda Realty
View photos & details
New Listing
25
$299,000
601 E Lance Dr
Silver City, NM 88061
3 bd2 ba2,135 sqft$140/ft²
House34,848 sqft lot
Linda Rowse · Enchantment Realty
View photos & details
New Listing
43
$384,000
11807 E Highway 180
Silver City, NM 88061
3 bd2 ba2,079 sqft$185/ft²
House3.36 acres
Samilla Andrews · Saenz & Smith Real Estate, Co
View photos & details
New Listing
7
$389,000
601 E Trailing Heart Dr
Silver City, NM 88061
3 bd2 ba2,450 sqft$159/ft²
House1.00 acres
Beverly Hamill · Century 21 Hacienda Realty
View photos & details
New Listing
41
$460,000
105 Wendy Rd
Silver City, NM 88061
3 bd2 ba1,739 sqft$265/ft²
House4.00 acres
Sam Castello · Century 21 Hacienda Realty
View photos & details
New Listing
49
$485,000
621 N California Ave
Silver City, NM 88061
2 bd3 ba2,280 sqft$213/ft²
House16,553 sqft lot
Blake Farley · Century 21 Hacienda Realty
View photos & details
Looking to buy in Silver City?
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Active listings
35
Homes on market
Median list price
$310K
Avg. days on market
40
Days until sale
New this week
11
Newly listed
Price drops:11.4%of listings
Who lives in Silver City?
Population
9,574
Median income
$39,025/yr
Median age
40.2 years
Owner-occupied
57.0%
College grads
32.4%
Avg commute
16.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Silver City?
Zillow home value
$220,605
Zillow rent index
$1,350/mo
Price-to-rent ratio
13.6x
Price-to-income
5.7x
Source: Zillow Research
What is it like to live in Silver City?
Silver City is a community of approximately 10K residents with a median age of 40.2 years.The median household income is $39,025, which represents a working-class community with solid middle-income opportunities. 32.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.0%, showing a blend of owner and renter-occupied properties. The average commute time is 16.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Silver City offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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
HARRISON SCHMITT ELEMENTARY
Grades 1-6 · 333 students
G.W.STOUT ELEMENTARY
Grades 1-6 · 314 students
LA PLATA MIDDLE
Grades 7-8 · 288 students
JOSE BARRIOS ELEMENTARY
Grades 1-6 · 212 students
ALDO LEOPOLD CHARTER
Grades 6-12 · 196 students
SIXTH STREET ELEMENTARY
Grades K · 135 students
SILVER SCHOLARS ACADEMY
Grades PK · 38 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 Silver City, NM?
Want a head-to-head view? Compare Silver City side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Silver City?
Is Silver City a good real estate investment market?
For investors evaluating Silver City, the price-to-rent ratio of 13.6x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 30.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Silver City's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Silver City's median home price.
Frequently asked questions
What is the average home price in Silver City?
The median home sale price in Silver City is $215,000, up 30.3% from last year.
How long do homes stay on market in Silver City?
Homes typically spend 40 days on market before going under contract.
What is the median income in Silver City?
The median household income is $39,025 per year.
Is Silver City a buyer's or seller's market?
With 5.0 months of supply, Silver City is currently a balanced market.
How many homes are for sale in Silver City?
There are currently 35 homes listed for sale in Silver City, NM.
What is the Zillow home value estimate for Silver City?
The Zillow Home Value Index (ZHVI) for Silver City is $220,605, representing the typical home value in the area.
What is the median condo price in Silver City?
The median condo/co-op sale price in Silver City, NM is $260,000, compared to $215,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Silver City?
The median single-family home price in Silver City, NM is $215,000 (about $144 per square foot).
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