South River, NM

Buyer's market+46.4% YoY

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

Price drops:28.6%of listings

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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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