Silver City, NM Home Values & Market Trends

Real estate market trends reflect that there have been 0 transactions over the past year in Silver City. The median value for residential home transactions that occurred over the previous year is $279,884.36. The number of current listings in Silver City is 59, and the percentage of properties for sale in the city is 59.00%. Silver City, NM currently has 2 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 59 properties for sale.

Silver City, NM Real Estate Market Overview

ZipMedian Est. Value
88061

$ 287,224

$ 158/sqft

Housing Market Summary for Silver City, NM

Apr 2023March 2024Change
Median Listing Price$256.9K$0-100.00%
Median Sold Price$0$0-
Homes For Sale6854-20.59%
Homes Sold00-
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Recently Sold Homes

Explore recent offers and recently sold homes in Silver City, NM

No data to show

Browse Homes in Silver City, NM

Silver City home values range from $37,513 to $1,694,010. The median estimated value of a home in Silver City is $279,884.36. The median list price of a home is 275,000, and the total count of properties in the city is 7,938.

Foreclosure
There is 1 zips within Silver City, NM; within this zips, the median estimated home value for homes in foreclosure ranges from $377,199 in 88061 to the lowest value of $169,103 in 88061. Foreclosure homes account for 0.00% of properties in Silver City, NM with 88061 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Silver City, NM with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Silver City, NM; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Silver City, NM ranges from the highest value of $169,103 in 88061 to the lowest value of $169,103 in 88061. Bank owned homes and properties account for 0.01% of properties in Silver City, NM. There is 1 zips within Silver City, NM; 88061 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    88061 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Silver City, NM. Auction homes and other auction properties account for 0.01% of all properties in Silver City, NM. There is 1 zips within Silver City, NM; of that zips, the median estimated home value for homes going to auction ranges from $377,199 in 88061 to the lowest value of $377,199 in 88061.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.74% of residential properties in Silver City, NM with 88061 containing 59 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Silver City, NM; homes for sale in that zips, have a range of median values from $1,250,000 in 88061 to the lowest value of $68,873 in 88061.
    Sold Homes
    The median value for recently sold homes ranges from $0 in $[recently-sold-highest-avm-region] to the lowest price of $0 in $[recently-sold-highest-avm-region]. There is 1 zips within Silver City, NM. $[recently-sold-highest-count-region] has 0 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0% of properties in Silver City, NM.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Silver City, NM
      $
      $

      Guide for Silver City, NM

      Market Reports
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      gavel for real estate auction
      Home Buying Guides & Tips
      New Mexico Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      See More Articles
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      Market Reports|posted 17 April 2024

      This article describes the fluctuating real estate market of Santa Fe and neighboring cities from July 2023 to March 2024, focusing on property values, sale prices, and number of sold homes.

      gavel for real estate auction
      New Mexico Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Recently Listed Homes Silver City, NM

      No data to show