Elida, NM 88116 housing market
Data through Aug 2026 · Seller's market · leverage 72
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Buyer Leverage Score
72
Jul 2025
Months of Supply
3.0 months
Nov 2024
Days on Market
356 days
Jul 2025
Price Cut %
0.0%
Jun 2026
Expected Disaster Loss
$531
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 (72/100; U.S.: 54) (as of Jul 2025): 0% of listings had a price cut (U.S.: 26%) (as of Jun 2026).
- Disaster risk. FEMA expects about $531 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 Roosevelt County, NM
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Portales, NM 88130 | $148.5K | +1.5% | 55 |
| Floyd, NM 88118 | – | – | 48 |
| Rogers, NM 88132 | – | – | 66 |
| Causey, NM 88113 | – | – | – |
| ZIP 88115 | – | – | 61 |
| Pep, NM 88126 | – | – | – |
| ZIP 88125 | – | – | – |