Silver City, NMHousing Market

Name: Silver City, NM Housing Market - Price Trend Analysis
Creator: Houzeo
License: https://www.houzeo.com/terms-of-use/

Silver City is a balanced market, giving buyers and sellers room to negotiate. With 4.8 months of supply and homes averaging 108 days on the market, you can make decisions without the pressure of a highly competitive market.

Written By Carol CFeatured Writer

Reviewed By Deepika RHousing Market Analyst

Silver City, NM Housing Market Forecast 2026AI-powered forecast for prices, inventory & market trends

Verified Data

Updated Monthly

Fast Insights

Real-time Analytics

March 2026

Last updated

Live MLS Data |2 active homes tracked

|Data Sources:

Greater Albuquerque AOR (SWMLS) MLS-NM

Silver City, NM Real Estate Market Snapshot

MEDIAN HOME PRICE

$237,500↑ 0.05%

In Mar 2026 . YoY

Sep 2021Jul 2024Mar 2026

MORTGAGE RATES 30-YR 30-YR FIXED

6.23%↓ 0.58%

Current rate . YoY

LOAN TYPE

30-Year Fixed

STATUS

Balanced Market

DAYS ON MARKET

108

↑ 43.00% YoY

INVENTORY

↓ 0.29% YoY

Sep 2021Jul 2024Mar 2026

Overview

Predictions

Supply

Demand

Is Now a Good Time to Buy or Sell in Silver City? Here's What We Think.

It depends on your goals, but Silver City offers a relatively balanced market for both buyers and sellers. Homes are averaging 108 days on the market, with 4.8 months of supply. The median sale price is $237,500, and home sales saw no change from last year. Buyers have room to negotiate, while sellers can still attract serious interest.

Median Sale PriceHomes SoldMedian Days on Market

Median Sale Price

$237,500

↑ 0.05%YoY

Homes Sold

↓ 0%YoY

Median Days on Market

108

↑ 43YoY

What this chart showsMedian Sale Price

This metric shows how home prices are trending in Silver City. The median sale price is currently $237,500, a marginal change from last year. A rising median price can point to stronger demand or limited inventory, while a falling price may give buyers more room to negotiate.

Median Sale Price Trend

AllSingle Family HomesTownhousesCondo

1 Year3 Years5 Years

Silver City

Updated MonthlyLast Updated: March 2026

Silver City Housing Market Forecast for 2026

Silver City's housing market is expected to be balanced in 2026, with modest price growth, steady inventory, and stable conditions for both buyers and sellers.

Market Outlook:

Home prices expected to rise modestly by 2-4%, reflecting sustainable growth
Months of supply forecast to sit around 4-6, keeping the market steady
Neither buyers nor sellers hold a clear advantage, keeping negotiations balanced

Will the Silver City Housing Market Crash in 2026?

Expert consensus points to no. Silver City shows stable fundamentals, with demand and supply moving roughly in step rather than pulling in opposite directions. Both buyers and sellers should expect conditions to hold steady through 2026, with no signs pointing toward a downturn.

UnlikelyCrash MeterLikely

Current Market Indicators

Days on Market:
108 days
Months of Supply:
4.8 months
Sale-to-List Ratio:
0%
Mortgage Rates:
Currently- 6.23% projected to hover between 6.0% and 6.8%

Is There Enough Inventory in Silver City Right Now?

Silver City has a steady flow of homes coming onto the market, keeping inventory relatively balanced. There are currently 29 active listings and 4.8 months of supply, giving buyers a reasonable selection without creating excessive competition among sellers. There were 10 new listings last month, while the inventory had a marginal change year-over-year.

Homes for SaleNewly Listed HomesMonths of Supply

Homes for Sale

↓ 0.29%YoY

Newly Listed Homes

↓ 0.38%YoY

Months of Supply

4.8

↓ 2%YoYBalanced Market

What this chart showsHomes for Sale

This chart shows the total number of homes currently available for sale in Silver City. There are currently 29 active listings. Rising inventory gives buyers more options, while fewer homes for sale can increase competition and give sellers more leverage.

Homes for Sale Trend

AllSingle Family HomesTownhousesCondo

1 Year3 Years5 Years

Silver City

Updated MonthlyLast Updated: March 2026

Are Buyers or Sellers Controlling the Silver City Market?

Buyers and sellers have relatively equal footing in the Silver City housing market. Homes are selling for None% of their asking price, and price reductions saw a marginal change year-over-year. Neither side has a clear advantage, leaving room for both to negotiate.

Homes Sold Above List PriceHomes with Price Drops

Homes Sold Above List Price

↓ 0%YoY

Homes with Price Drops

20.69%

↑ 3.62%YoY

What this chart showsSold Above List

The line tracks the share of homes in Silver City selling above their asking price over time. Currently, 0% of homes sold above asking last month. A rising trend signals strong buyer competition and bidding wars, while a falling trend suggests that competition is easing.

Homes Sold Above List Price Trend

AllSingle Family HomesTownhousesCondo

1 Year3 Years5 Years

Silver City

Updated MonthlyLast Updated: March 2026

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Frequently Asked Questions

How have Silver City house prices changed over the past year?

Median home prices in Silver City have seen a marginal change YoY, and now stand at $237,500. You can check your home's fair market value with our free home value estimator to compare prices in your neighborhood and know where you stand.

What are Silver City real estate market predictions for 2026?

House prices in Silver City, New Mexico, should stabilize in the coming months. However, affordability remains a challenge across the New Mexico housing market, due to rising mortgage rates.

What's the average home price in Silver City?

The average house price in Silver City depends on the property type, size, and local market conditions. Condos cost around $260,000, while single-family homes average $215,000. You can also find cheap homes for sale in Silver City that fit your budget.

What is a good time to buy a home in Silver City?

August to December is typically the best time to buy a house in Silver City, when supply is high and demand is low. Before buying, check if mortgage rates are stable and ensure there's more than 6 months of housing inventory available. Make sure you assess the current housing market trends in Silver City before you invest.

When will the Silver City housing market crash?

According to housing market forecasts, the market is unlikely to crash in the near future. Home prices and demand should increase during the summer, and stabilize by winter. The market is projected to remain steady, with sustained growth through 2026 and beyond.

How to buy a home in Silver City?

Set a clear budget and get a mortgage pre-approval. Then, explore homes for sale in Silver City, submit your offers, secure loans, and complete the closing process.

How can I list my home for sale in Silver City, NM?

You can list your home for sale with a Flat Fee MLS New Mexico listing service. High-tech MLS listing sites like Houzeo automatically assign the right MLS paperwork based on your location. 🚀

What is the average mortgage rate for buyers in Silver City?

The average mortgage rate for buyers fluctuates between 6.4% and 6.9%. It depends on the market and your credit score. Always check current rates with lenders before you apply.

What is a good time to sell a house in Silver City?

February to July is typically the best time to sell a house in Silver City, when demand is high and homes spend fewer days on the market. Carefully assess market trends in your specific area before you act.

Our MLS data sources

All sources updated daily

Median prices, rents and active inventory aggregated from MLS systems across New Mexico.

Greater Albuquerque AOR (SWMLS) MLS-NM

Data provided by Redfin, a national real estate brokerage.

Important Legal Disclosures

*Based on Houzeo calculations of home data from MLS and/or public records.

“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.

All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.

Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Oct 11, 2026, 12:30 PM. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by The Service. © 2026 Greater Albuquerque Association of REALTORS®. All Rights Reserved.