Luna, NM 87824 housing market
Data through Sep 2026 · Balanced market · leverage 29
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Buyer Leverage Score
29
Sep 2026
Months of Supply
3.2 months
Aug 2026
Days on Market
215 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
85.9%
Oct 2020
Expected Disaster Loss
$679
Dec 2025
What this means
- Supply. Listings are 70% below the 2017-19 norm and falling (−100% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is low (29/100; U.S.: 54): homes sell for about 14.1% below their final list price (as of Oct 2020); 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $679 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding. Flood isn't covered by standard homeowners insurance.
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Other ZIP codes in Catron County, NM
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Datil, NM 87821 | $201.6K | +8.8% | 69 |
| Glenwood, NM 88039 | – | – | 20 |
| Reserve, NM 87830 | $205K | +10.3% | 4 |
| Quemado, NM 87829 | $250.8K | +13.1% | 92 |
| Pie Town, NM 87827 | $246.3K | +16.3% | 100 |
| Aragon, NM 87820 | – | – | 75 |