Market Intelligence Report — NM-500

Silver City, NM

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NM-05
As of the latest 2026 data
Very Weak

Median Listing

$349K
+0.0% YoY

Pending Ratio

0.21
-10.0% YoY

Active Inventory

138
+22.1% YoY

Median DOM

89 Days
+21.9% YoY

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Silver City, NM is currently experiencing very weak market conditions, with a pending ratio of 0.21 indicating that demand absorption is significantly lagging behind supply. Active listings have expanded by 22.1% year-over-year, further contributing to the subdued market environment.

Market Analysis

What's moving the Silver City market right now.

The market in Silver City is characterized by contracting demand and expanding inventory. New listings have decreased by 22.2% year-over-year, yet active listings have risen by 22.1% over the same period, suggesting that properties are lingering on the market. The median listing price shows no year-over-year growth, reflecting the prevalent downward pressure. Concurrently, the pending ratio has declined by 10.0% year-over-year, confirming a slowdown in transactional activity.

Historical Analysis

Market Trends

Median Price

$349K+4.7% MoM

Active Inventory

138+22.1% YoY

Days on Market

89+21.9% YoY

Sold Score™

20-10.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

20
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

In the current Silver City market, negotiating leverage has shifted considerably away from sellers due to the significant imbalance between demand and available inventory. The extended median days on market, at 89, further emphasizes the slower pace of transactions. Price discipline for sellers is paramount, given the prevailing market dynamics that favor buyers capable of extended consideration and offering lower bids.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

138 active listings represent the current floor, with new supply arriving at roughly 28 per month.

Pricing Pressure
12.4%

of active listings carry a price reduction, +0.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -4.2% year-over-year.

Absorption
0.21

Pending-to-active ratio — Very Weak.

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Metro Demographics

Metro Area
Silver City, NM
CBSA Code
43500
State
NM