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 neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Jemez-Zia 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-Zia, NM

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

Median Sold Price

$475,000

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$125,000(+35.7%)

Key Takeaway

Homes in Jemez-Zia have sold for 35.7% more than they did a year ago.

Summary: The median home sold price in Jemez-Zia was $475,000 in October 2024, up 35.7% from last year, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $215K$168.2K
-21.7%
2 $315K$343K
+8.9%
3 $375K$535K
+42.7%
4 $549K$603K
+9.8%
5+ $540K$725K
+34.3%

Summary: Jemez-Zia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.7%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 42.7%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 34.3%.

Median Sold Price Compared To Nearby Cities

Jemez Springs
+39.5%
Jemez-Zia
+35.7%

Housing Supply in Jemez-Zia, NM

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2526+4.0%

Summary: The Jemez-Zia real estate market had 26 homes for sale in October 2024, a 4.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 32
-33.3%
2 912
+33.3%
3 85
-37.5%
4 46
+50.0%
5+ 11
0.0%

Summary: The Jemez-Zia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Jemez-Zia in October 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% 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

Oct 2023Oct 2024CHANGE
1 Day34 Days+3300.0%

Summary: Homes in Jemez-Zia had an average of 34 days on market in Oct 2024, up by 3300% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jemez-Zia are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Jemez-Zia; 50% of homes were sold within 30 days, 50% 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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