Market Intelligence Report — NM-500

Silver City, NM

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

Ref. No: 2026-NM-07
As of the latest 2026 data
Cooling

Median Listing

$310K
-8.2% YoY

Pending Ratio

0.29
+2.6% YoY

Active Inventory

141
+14.6% YoY

Median DOM

88 Days
+16.7% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Silver City market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Silver City, NM.

Free ReportNo Sign-up~60 Seconds

The Silver City, NM market is characterized by a "Cooling" condition, indicated by a pending ratio of 0.29. This suggests demand absorption is lagging supply, despite a positive year-over-year change in this metric from a lower base.

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.

Active listings have increased by 14.6% year-over-year to 141 units, while new listings saw a substantial 87.5% year-over-year increase to 30. Concurrently, the median listing price has declined, registering an 8.2% reduction year-over-year to $310,000, alongside a 9.3% month-over-month decrease. The median days on market extended by 16.7% year-over-year to 88 days, further signaling a deceleration in market pace.

Historical Analysis

Market Trends

Median Price

$310K-9.3% MoM

Active Inventory

141+14.6% YoY

Days on Market

88+16.7% YoY

Sold Score™

33+2.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

33
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 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

The elevated active listing count and extended days on market suggest that properties are taking longer to move from active to pending status. This environment necessitates greater price discipline from sellers, with limited pressure for rapid absorption. Buyers may find an opportunity for more considered evaluations and negotiation.

Luxury Segment

The average listing price has seen a notable year-over-year decline of 20.1% to $366,742, outpacing the 8.2% year-over-year decline in the median listing price. This disparity, coupled with a 2.2% year-over-year reduction in median $/sqft, indicates softening at the higher price tiers of the market.

Supply Dynamics

141 active listings represent the current floor, with new supply arriving at roughly 30 per month.

Pricing Pressure
16.2%

of active listings carry a price reduction, -2.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -2.2% year-over-year.

Absorption
0.29

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Silver City, NM? Homes here are taking 13 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
29%
Median Days on Market
88 days
Inventory YoY
+15%

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

See my Sold Score & selling strategy

Prefer the data first? Get the monthly Silver City, NM briefing and watch the market before you list.

How the Sold Score works →

Agents: no featured expert covers Silver City, NM yet — claim this market →

How these recommendations are chosen →

The Monthly Briefing

Stay ahead of the Silver City market.

One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.

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 0.29 with median days on market at 88.

  • Are home prices dropping in Silver City?+

    Median listing price is $310K, -8.2% year over year. 16.2% of active listings carry a price reduction.

  • How fast are homes selling in Silver City?+

    The typical listing sits 88 days on market, a +16.7% change YoY. New listings are arriving at 30 per month.

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

    The average listing price has seen a notable year-over-year decline of 20.1% to $366,742, outpacing the 8.2% year-over-year decline in the median listing price. This disparity, coupled with a 2.2% year-over-year reduction in median $/sqft, indicates softening at the higher price tiers of the market.

  • 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