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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jemez-Zia is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Jemez-Zia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Jemez-Zia, NM

How much do homes in Jemez-Zia, NM cost?

Median Sold Price

$474,500

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$99,500(+26.5%)

Key Takeaway

Homes in Jemez-Zia have sold for 26.5% more than they did a year ago.

Summary: The median home sold price in Jemez-Zia was $474,500 in November 2024, up 26.5% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $215K$168.2K
-21.7%
2 $330K$435K
+31.8%
3 $405K$600K
+48.1%
4 $549K$357.5K
-34.9%
5+ $540K$725K
+34.3%

Summary: Jemez-Zia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.7%, 2 bedroom homes increased by 31.8%, 3 bedroom homes increased by 48.1%, 4 bedroom homes decreased by 34.9%, and 5+ bedroom homes increased by 34.3%.

Median Sold Price Compared To Nearby Cities

Jemez-Zia
+26.5%
Jemez Springs
+18.4%

Housing Supply in Jemez-Zia, NM

How many homes are available in Jemez-Zia, NM?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
26260.0%

Summary: The Jemez-Zia real estate market had 26 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1211
-8.3%
3 56
+20.0%
4 66
0.0%
5+ 11
0.0%

Summary: The Jemez-Zia 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 decreased by 8.3%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

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-Zia, 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-Zia in November 2024, the same as the previous 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-Zia, NM

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

Average Sale Time

Nov 2023Nov 2024CHANGE
44 Days54 Days+22.6%

Summary: Homes in Jemez-Zia 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-Zia has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Jemez-Zia; 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

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