Mule Creek, NM 88051 housing market
Data through Jan 2026 · Seller's market · leverage 69
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Buyer Leverage Score
69
Aug 2021
Days on Market
235 days
Nov 2021
Price Cut %
0.0%
Aug 2021
Expected Disaster Loss
$413
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 high (69/100; U.S.: 54) (as of Aug 2021): 0% of listings had a price cut (U.S.: 26%) (as of Aug 2021).
- Disaster risk. FEMA expects about $413 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 Grant County, NM
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Silver City, NM 88061 | $224.4K | −5.6% | 81 |
| Bayard, NM 88023 | $108.8K | −7.2% | 90 |
| Santa Clara, NM 88026 | $97.6K | −1.2% | 99 |
| Arenas Valley, NM 88022 | $213.6K | −2.4% | 37 |
| Hurley, NM 88043 | $112.8K | −8.7% | 65 |
| Hanover, NM 88041 | $172.2K | −2.3% | 61 |
| Silver City, NM 88065 | $180.8K | −3.9% | 1 |
| Hanover, NM 88049 | $235.6K | −6.0% | 91 |
| Gila, NM 88038 | $202.9K | +0.9% | 0 |
| Cliff, NM 88028 | $260.9K | −1.4% | 33 |
| Silver City, NM 88053 | $205.6K | −2.0% | 64 |
| Buckhorn, NM 88025 | – | – | 89 |
| Faywood, NM 88034 | – | – | 70 |
| Redrock, NM 88055 | – | – | – |