Monticello, NM 87939 housing market
Data through Sep 2026 · Seller's market · leverage 41
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Buyer Leverage Score
41
Aug 2026
Months of Supply
3.1 months
May 2025
Days on Market
292 days
Aug 2026
Price Cut %
0.0%
Aug 2026
Expected Disaster Loss
$304
Dec 2025
What this means
- Supply. Listings are 100% below the 2017-19 norm and falling (−100% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is moderate (41/100; U.S.: 54): 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $304 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 Sierra County, NM
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Truth or Consequences, NM 87901 | $165.1K | +5.1% | 84 |
| Elephant Butte, NM 87935 | $239.9K | +2.1% | 95 |
| Williamsburg, NM 87942 | $183.3K | +0.4% | 57 |
| Arrey, NM 87930 | – | – | 1 |
| Caballo, NM 87931 | $198.7K | +4.7% | 94 |
| Hanover, NM 88042 | $245.3K | +7.0% | 50 |
| Winston, NM 87943 | – | – | 12 |
| Derry, NM 87933 | – | – | 70 |