Thoreau, NM 87323 housing market
Data through Sep 2026 · Buyer's market · leverage 61
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Buyer Leverage Score
61
Sep 2026
Months of Supply
12.8 months
Aug 2026
Days on Market
122 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
100.0%
Aug 2026
Expected Disaster Loss
$84
Dec 2025
What this means
- Supply. There are 0% more homes for sale than the 2017-19 norm and rising (+67% vs. a year ago), so buyers have more to choose from than before the pandemic.
- Negotiating. Buyer leverage is moderate (61/100; U.S.: 54): homes sell for about 0.0% below their final list price; 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $84 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in McKinley County, NM
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Gallup, NM 87301 | $224.3K | −1.3% | 54 |
| ZIP 87327 | – | – | – |
| Crownpoint, NM 87313 | – | – | – |
| ZIP 87311 | – | – | – |
| Yatahey, NM 87375 | – | – | 70 |
| ZIP 86515 | – | – | – |
| Prewitt, NM 87045 | – | – | 54 |
| ZIP 87319 | – | – | 39 |
| Vanderwagen, NM 87326 | – | – | 28 |
| Tohatchi, NM 87325 | – | – | 72 |
| Fort Wingate, NM 87316 | – | – | – |
| ZIP 87305 | – | – | 44 |
| Gallup, NM 87317 | – | – | 47 |
| ZIP 87310 | – | – | – |
| Continental Divide, NM 87312 | – | – | 68 |
| Mexican Springs, NM 87320 | – | – | – |
| Rehoboth, NM 87322 | – | – | 16 |
| Jamestown, NM 87347 | – | – | 37 |
| ZIP 87365 | – | – | – |