Springer, NM 87747 housing market
Data through Sep 2026 · Balanced market · leverage 58
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Buyer Leverage Score
58
Sep 2026
Months of Supply
4.8 months
Aug 2026
Days on Market
105 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
120.6%
Sep 2022
Expected Disaster Loss
$283
Dec 2025
What this means
- Supply. Listings are 12% below the 2017-19 norm and falling (−17% vs. a year ago), still somewhat tight.
- Negotiating. Buyer leverage is moderate (58/100; U.S.: 54): homes typically sell at or above asking (120.6% of list) (as of Sep 2022); 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $283 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from wildfire. Check insurance costs before buying.
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Other ZIP codes in Colfax County, NM
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Raton, NM 87740 | $150.9K | +4.9% | 63 |
| Angel Fire, NM 87710 | $507.1K | −2.4% | 80 |
| Cimarron, NM 87714 | – | – | 30 |
| Eagle Nest, NM 87718 | – | – | 68 |
| Maxwell, NM 87728 | – | – | 43 |
| Capulin, NM 88414 | – | – | 40 |
| Miami, NM 87729 | – | – | 27 |
| Ute Park, NM 87749 | – | – | 12 |