Spencerville, NM

Seller's market

Housing market overview · Updated weekly

$265,000median sale price

Homes sold

1

Last 12 weeks

Days on market

20

Fast-moving

Active listings

2

2.0 months supply

Sale-to-list

Below asking

The Spencerville housing market is currently classified as a seller's market with a median sale price of $265,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 20 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Spencerville

There are currently 2 homes listed for sale in Spencerville, New Mexico.

Active listings

2

Homes on market

Avg. days on market

20

Days until sale

Price drops:100.0%of listings

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Frequently asked questions

What is the average home price in Spencerville?

The median home sale price in Spencerville is $265,000, down 0.0% from last year.

How long do homes stay on market in Spencerville?

Homes typically spend 20 days on market before going under contract.

Is Spencerville a buyer's or seller's market?

With 2.0 months of supply, Spencerville is currently a seller's market.

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