South River, NM
Housing market overview · Updated weekly
$950,000median sale price
Homes sold
1
Last 12 weeks
Days on market
160
Average pace
Active listings
7
7.0 months supply
Sale-to-list
—
Below asking
The South River housing market is currently classified as a buyer's market with a median sale price of $950,000. Prices have risen 46.4% compared to last year, with homes spending an average of 160 days on market, indicating 7.0 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 South River
There are currently 7 homes listed for sale in South River, New Mexico. The median listing price is $250K.
Active listings
7
Homes on market
Median list price
$250K
Avg. days on market
160
Days until sale
New this week
2
Newly listed
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Frequently asked questions
What is the average home price in South River?
The median home sale price in South River is $950,000, up 46.4% from last year.
How long do homes stay on market in South River?
Homes typically spend 160 days on market before going under contract.
Is South River a buyer's or seller's market?
With 7.0 months of supply, South River is currently a buyer's market.
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