Is Jemez Springs, NM a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jemez Springs is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Jemez Springs was a Seller's Market.

Key Takeaway

Jemez Springs is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Jemez Springs, NM

How much do homes in Jemez Springs, NM cost?

Median Sold Price

$450,000

$269/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$70,000(+18.4%)

Key Takeaway

Homes in Jemez Springs have sold for 18.4% more than they did a year ago.

Summary: The median home sold price in Jemez Springs was $450,000 in November 2024, up 18.4% from last year, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $215K$150K
-30.2%
2 $330.5K$389K
+17.7%
3 $405K$600K
+48.1%
4 $549K$357.5K
-34.9%
5+ $540K-
N/A

Summary: Jemez Springs housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.2%, 2 bedroom homes increased by 17.7%, 3 bedroom homes increased by 48.1%, 4 bedroom homes decreased by 34.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jemez-Zia
+26.5%
Jemez Springs
+18.4%

Housing Supply in Jemez Springs, NM

How many homes are available in Jemez Springs, NM?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2021+5.0%

Summary: The Jemez Springs real estate market had 21 homes for sale in November 2024, a 5.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 99
0.0%
3 45
+25.0%
4 44
0.0%
5+ 11
0.0%

Summary: The Jemez Springs housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jemez Springs, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Jemez Springs in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Jemez Springs, NM

How long does it take to sell a home in Jemez Springs, NM?

Average Sale Time

Nov 2023Nov 2024CHANGE
44 Days54 Days+22.6%

Summary: Homes in Jemez Springs had an average of 54 days on market in Nov 2024, up by 22.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jemez Springs has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Jemez Springs; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Jemez Springs, NM

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What housing markets are near Jemez Springs, NM?