Market Intelligence Report — NM-500

Silver City, NM

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

Ref. No: 2026-NM-09
As of the latest 2026 data
Cooling

Median Listing

$311K
-11.7% YoY

Pending Ratio

0.27
+3.7% YoY

Active Inventory

133
-13.9% YoY

Median DOM

94 Days
+22.2% YoY

Primary Intelligence Tool — Sold Score™

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The Silver City market is exhibiting Cooling conditions, characterized by a pending ratio of 0.27 and a year-over-year decline in active listings by 13.9%. Despite a positive year-over-year change in the pending ratio from a lower base, the overall demand absorption remains subdued relative to available supply.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Silver City market right now.

Inventory levels continue to contract, with active listings declining 13.9% year-over-year and new listings down 16.7% over the past year. Concurrently, the median listing price has decreased by 11.7% year-over-year, even as the median days on market extended by 22.2%. The pending ratio registered at 0.27, representing a modest 3.7% increase year-over-year, indicating limited improvement in demand dynamics.

Historical Analysis

Market Trends

Median Price

$311K+3.7% MoM

Active Inventory

133-13.9% YoY

Days on Market

94+22.2% YoY

Sold Score™

44+3.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

44
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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 this environment, buyers are likely to experience extended periods for property evaluation and negotiation, given the pace of sales activity. The current inventory pressure, despite year-over-year declines in active listings, does not exert upward force on prices, suggesting a market where price discipline is paramount for sellers aiming to facilitate transactions.

Luxury Segment

A notable divergence is observed in the luxury segment, where the average listing price has increased by 12.5% year-over-year, significantly outpacing the median listing price which declined by 11.7% over the same period. This suggests a widening spread between average and median pricing, alongside an increase in median $/sqft by 1.2% year-over-year, indicating potential isolated strength at the higher end despite broader market softness.

Supply Dynamics

133 active listings represent the current floor, with new supply arriving at roughly 20 per month.

Pricing Pressure
15.9%

of active listings carry a price reduction, -3.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +1.2% year-over-year.

Absorption
0.27

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Silver City, NM? Homes here are taking 17 days longer to sell than last year.

Buyers have leverage in Silver City, NM. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
27%
Median Days on Market
94 days
Inventory YoY
−14%

In a buyer's market, strategy beats timing. See how your home scores in Silver City, NM and what moves the number.

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Metro Demographics

Metro Area
Silver City, NM
CBSA Code
43500
State
NM
Analysis FAQ
  • What is the current market condition in Silver City?+

    As of the latest 2026 data, the Silver City metro is classified as Cooling. Pending ratio is 0.27 with median days on market at 94.

  • Are home prices dropping in Silver City?+

    Median listing price is $311K, -11.7% year over year. 15.9% of active listings carry a price reduction.

  • How fast are homes selling in Silver City?+

    The typical listing sits 94 days on market, a +22.2% change YoY. New listings are arriving at 20 per month.

  • What's happening in the Silver City luxury market?+

    A notable divergence is observed in the luxury segment, where the average listing price has increased by 12.5% year-over-year, significantly outpacing the median listing price which declined by 11.7% over the same period. This suggests a widening spread between average and median pricing, alongside an increase in median $/sqft by 1.2% year-over-year, indicating potential isolated strength at the higher end despite broader market softness.

  • Where can I find a trusted Silver City real estate expert?+

    Primpted maintains a vetted registry of Silver City agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 43500 · 36mo history