House, NM 88121 housing market
Data through Jul 2026 · Seller's market · leverage 43
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Buyer Leverage Score
43
Jun 2026
Months of Supply
3.1 months
May 2026
Days on Market
355 days
Jun 2026
Price Cut %
0.0%
Jun 2026
Sale-to-List Ratio
100.0%
Nov 2024
Expected Disaster Loss
$235
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 (43/100; U.S.: 54): homes typically sell at or above asking (100.0% of list) (as of Nov 2024); 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $235 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 Quay County, NM
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Tucumcari, NM 88401 | $87.2K | −3.5% | 88 |
| Grady, NM 88120 | – | – | 41 |
| Nara Visa, NM 88430 | – | – | – |
| San Jon, NM 88434 | – | – | 70 |
| Mcalister, NM 88427 | – | – | 14 |
| Bard, NM 88411 | – | – | – |