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Featured local agent — Velarde, NM
Sarah Mitchell
Compass Real Estate · Velarde, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Velarde, NM Housing Market & Real Estate
Housing market overview · Updated monthly ·
$290,000median sale price
How is the Velarde, NM housing market right now?
The median home sale price in Velarde, NM is $290,000. Homes sell in an average of 280 days with 1 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Velarde a buyer's or seller's market?
Velarde, NM is currently a balanced market, based on 1.0 months of supply and homes selling in about 280 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
280
Average pace
Active listings
1
1.0 months supply
Sale-to-list
89.2%
Below asking
What does the Velarde housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $290,000 |
| Average days on market | 280 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 89.2% |
| Median price per sq ft | $243/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Velarde by property type?
How the Velarde, NM market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $290,000 | $243/sq ft | 1 | 280 days |
Source: Redfin · Updated monthly
The Velarde housing market is currently classified as a balanced market with a median sale price of $290,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 280 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Velarde
There are currently 1 homes listed for sale in Velarde, New Mexico.
Active listings
1
Homes on market
Avg. days on market
280
Days until sale
Who lives in Velarde?
Population
248
Median income
$63,707/yr
Median age
47.8 years
Owner-occupied
40.4%
College grads
33.3%
Avg commute
34.4 min
Source: U.S. Census Bureau ACS
What is it like to live in Velarde?
Velarde is a community of approximately 0K residents with a median age of 47.8 years.The median household income is $63,707, which represents a working-class community with solid middle-income opportunities. 33.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 40.4%, showing a blend of owner and renter-occupied properties. The average commute time is 34.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Velarde offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Velarde?
1 schools tracked · 58 students
The largest public schools serving Velarde, NM by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
VELARDE ELEMENTARY
Grades K-6 · 58 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Velarde, NM?
Want a head-to-head view? Compare Velarde side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Velarde?
The median home sale price in Velarde is $290,000, down 0.0% from last year.
How long do homes stay on market in Velarde?
Homes typically spend 280 days on market before going under contract.
What is the median income in Velarde?
The median household income is $63,707 per year.
Is Velarde a buyer's or seller's market?
With 1.0 months of supply, Velarde is currently a balanced market.
How much does a single-family home cost in Velarde?
The median single-family home price in Velarde, NM is $290,000 (about $243 per square foot).
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