Is White Rock, NM a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White Rock is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, White Rock has remained a Seller's Market.

Key Takeaway

White Rock is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in White Rock, NM

How much do homes in White Rock, NM cost?

Median Sold Price

$658,000

$317/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$73,750(+12.6%)

Key Takeaway

Homes in White Rock have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in White Rock was $658,000 in October 2024, up 12.6% from last year, and the median price per square foot was $317.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $362K$473K
+30.7%
3 $535K$598.7K
+11.9%
4 $734K$701K
-4.5%
5+ $655K$815K
+24.4%

Summary: White Rock 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 30.7%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 24.4%.

Median Sold Price Compared To Nearby Cities

Santa Fe North
+14.6%
White Rock
+12.6%
Los Alamos
+7.8%
Santa Fe South
-1.0%

Housing Supply in White Rock, NM

How many homes are available in White Rock, NM?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3544+25.7%

Summary: The White Rock real estate market had 44 homes for sale in October 2024, a 25.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 1622
+37.5%
4 1618
+12.5%
5+ 32
-33.3%

Summary: The White Rock 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 100%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
816+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in White Rock, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.

Summary: A total of 16 homes were sold or pending in White Rock in October 2024, up by 100.0% month-over-month. Of the 16 sold homes, 31% were sold under asking, 38% were sold at asking, and 31% were sold over asking.

Days on Market for White Rock, NM

How long does it take to sell a home in White Rock, NM?

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days30 Days-17.9%

Summary: Homes in White Rock had an average of 30 days on market in Oct 2024, down by 17.9% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in White Rock are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 16 homes were sold in White Rock; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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 20 Days Ago

Newest Listings in White Rock, NM

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