Timberlake, NM

Buyer's market

Housing market overview · Updated weekly

$174,000median sale price

Homes sold

1

Last 12 weeks

Days on market

195

Average pace

Active listings

4

4.0 months supply

Sale-to-list

87.4%

Below asking

The Timberlake housing market is currently classified as a buyer's market with a median sale price of $174,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 195 days on market, indicating 4.0 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 Timberlake

There are currently 4 homes listed for sale in Timberlake, New Mexico. The median listing price is $260K.

Active listings

4

Homes on market

Median list price

$260K

Avg. days on market

195

Days until sale

New this week

2

Newly listed

Sale-to-list:87.4%

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Frequently asked questions

What is the average home price in Timberlake?

The median home sale price in Timberlake is $174,000, down 0.0% from last year.

How long do homes stay on market in Timberlake?

Homes typically spend 195 days on market before going under contract.

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

With 4.0 months of supply, Timberlake is currently a buyer's market.

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