Thunder Mountain, NM Housing Market & Real Estate

Buyer's market

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Thunder Mountain, NM is $364,500. Homes sell in an average of 347 days. The market is currently a buyer's market.

$364,500median sale price

Is Thunder Mountain a buyer's or seller's market?

Buyer's market347 avg. days on market

Thunder Mountain, NM is currently a buyer's market and homes selling in about 347 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

347

Average pace

Active listings

Sale-to-list

94.3%

Below asking

Thunder Mountain, NM market data

Current housing market statistics for Thunder Mountain, NM
MetricValue
Median sale price$364,500
Median list price$480,000
Average days on market347 days
Sale-to-list price ratio94.3%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Thunder Mountain housing market is currently classified as a buyer's market with a median sale price of $364,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 347 days on market.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 Thunder Mountain

Explore homes currently listed for sale in Thunder Mountain, New Mexico across major real estate platforms.

Sale-to-list:94.3%

Explore nearby cities in NM

Frequently asked questions

What is the average home price in Thunder Mountain?

The median home sale price in Thunder Mountain is $364,500, down 0.0% from last year.

How long do homes stay on market in Thunder Mountain?

Homes typically spend 347 days on market before going under contract.

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