Melrose, NM 88124 housing market
Data through Sep 2026 · Balanced market · leverage 63
Open on the mapMarket report (PDF)Compare
Buyer Leverage Score
63
Sep 2026
Months of Supply
2.1 months
Aug 2026
Days on Market
110 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
91.8%
Aug 2026
Expected Disaster Loss
$374
Dec 2025
What this means
- Supply. There are 13% more homes for sale than the 2017-19 norm and falling (−40% vs. a year ago), so buyers have more to choose from than before the pandemic.
- Negotiating. Buyer leverage is moderate (63/100; U.S.: 54): homes sell for about 8.2% below their final list price; 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $374 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from wildfire. Check insurance costs before buying.
Follow Melrose, NM 88124
One email a month: what changed in prices, supply and the outlook. Unsubscribe any time.
Other ZIP codes in Curry County, NM
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Clovis, NM 88101 | $164.9K | +1.0% | 35 |
| Texico, NM 88135 | – | – | 81 |
| Broadview, NM 88112 | – | – | – |
| ZIP 88103 | – | – | – |