$5,047 Closing Credit*
$425,000
1,400 SqFt
2 Beds
•1 Full Bath
David Cordova, Listing Office: Sotheby's Int. RE/Grant
Housing Prices in Velarde, NM
How much do homes in Velarde, NM cost?
Median List Price
$324,500
$172/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
-$13,000(-3.9%)
Key Takeaway
The list price of homes in Velarde has decreased by 3.9% since last year.
Summary: The median home list price in Velarde was $324,500 in October 2024, down 3.9% from the previous year, and the median price per square foot was $172.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $338.5K | $350K | +3.4% |
| 3 Bedrooms | $330K | $262K | -20.6% |
| 4 Bedrooms | $1.2M | $450K | -64.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Velarde housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 20.6%, 4 bedroom homes decreased by 64%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| South Rio Arriba | $337.5K | $380K | +12.6% |
| Dixon | $469K | $525K | +11.9% |
| Velarde | $337.5K | $324.5K | -3.9% |
Housing Supply in Velarde, NM
How many homes are available in Velarde, NM?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Summary: The Velarde real estate market had 5 homes for sale in October 2024, a 66.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Velarde housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Velarde, NM
How long does it take to sell a home in Velarde, NM?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 187 Days | 46 Days | -75.2% |
Summary: Homes in Velarde had an average listing age of 46 days in Oct 2024, down by 75.2% compared to the previous year.
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.