Lincoln County, NM Home Values & Market Trends

The median home price in Lincoln County, NM is $360,514.66. There were 638 home sales in Lincoln County, NM over the past 12 months. The median residential Lincoln County, NM home value for transactions over the previous year is $0. The number of current listings in Lincoln County, NM is 35, and the percentage of properties for sale is 35.00%. The county has 6 foreclosures, 1 bank owned properties, 0 headed for auction, and 35 properties for sale.

Lincoln County, NM Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Ruidoso

$ 624,156

$ 284/sqft

Fort Stanton

$ --

$ --

Alto

$ 969,500

$ 313/sqft

San Patricio

$ --

$ --

Ruidoso Downs

$ 387,242

$ 283/sqft

Nogal

$ --

$ --

Carrizozo

$ 132,800

$ 67/sqft

Picacho

$ --

$ --

Capitan

$ 508,300

$ 321/sqft

Hondo

$ --

$ --

Tinnie

$ --

$ --

Corona

$ --

$ --

Glencoe

$ --

$ --

Lincoln

$ --

$ --

Housing Market Summary for Lincoln County, NM

Apr 2023March 2024Change
Median Listing Price$339.9K$419.3K23.37%
Median Sold Price$279.9K$419.3K49.82%
Homes For Sale273633.33%
Homes Sold2682939.33%
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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%.

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Browse Homes in Lincoln County, NM

Lincoln County, NM home values range from $34,817 to $6,154,923. Capitan is the priciest city with a median listing home price of $989,900, and Carrizozo is most affordable with average house prices of around $70,000.

Foreclosure
There are 14 cities within Lincoln County, NM; within these cities, the median estimated home value for homes in foreclosure ranges from $525,298 in Alto to the lowest value of $167,464 in Alto. Foreclosure homes account for 0.00% of properties in Lincoln County, NM with Alto containing 3 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.03% of all residential properties in Lincoln County, NM with Ruidoso containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 14 cities within Lincoln County, NM; of those cities, the estimated home value for pre-foreclosure homes ranges from $525,298 in Ruidoso to the lowest home value of $206,297 in Alto.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lincoln County, NM ranges from the highest value of $167,464 in Alto to the lowest value of $167,464 in Alto. Bank owned homes and properties account for 0.01% of properties in Lincoln County, NM. There are 14 cities within Lincoln County, NM; Alto containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of Lincoln County, NM. Auction homes and other auction properties account for 0% of all properties in Lincoln County, NM. There are 14 cities within Lincoln County, NM; of those cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.21% of residential properties in Lincoln County, NM with Ruidoso containing 23 homes for sale, the highest number of listed properties in a single city. There are 14 cities within Lincoln County, NM; homes for sale in those cities, have a range of median values from $1,266,006 in Alto to the lowest value of $82,043 in Carrizozo.
    Sold Homes
    The median value for recently sold homes ranges from $528,111 in Corona to the lowest price of $74,747 in Corona. There are 14 cities within Lincoln County, NM. Ruidoso has 157 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.72% of properties in Lincoln County, NM.

      Compare Nearby Cities

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      Guide for Lincoln County, NM

      Market Reports
      2023 Review: Sioux Falls Real Estate Sees 9% Drop in Property Value, 11% Rise in Sale Price Per Square Foot
      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
      See More Articles
      2023 Review: Sioux Falls Real Estate Sees 9% Drop in Property Value, 11% Rise in Sale Price Per Square Foot
      Market Reports|posted 8 April 2024

      The Sioux Falls real estate market has seen fluctuating property values, sale prices, and sale volumes between May 2023 to March 2024, reflecting a dynamic market condition.

      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.

      Recently Listed Homes Lincoln County, NM

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