Encino, NM 88321 housing market
Data through Aug 2026 · Balanced market · leverage 54
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Buyer Leverage Score
54
Nov 2025
Months of Supply
3.1 months
May 2021
Days on Market
244 days
Dec 2025
Price Cut %
0.0%
Nov 2025
Sale-to-List Ratio
94.3%
Aug 2026
Expected Disaster Loss
$191
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 (54/100; U.S.: 54) (as of Nov 2025): homes sell for about 5.7% below their final list price; 0% of listings had a price cut (U.S.: 26%) (as of Nov 2025).
- Disaster risk. FEMA expects about $191 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Torrance County, NM
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Moriarty, NM 87035 | $237.5K | +3.8% | 44 |
| McIntosh, NM 87016 | $209.7K | +7.2% | 88 |
| Mountainair, NM 87036 | $171.6K | +2.0% | 62 |
| Torreon, NM 87061 | – | – | 34 |
| Willard, NM 87063 | – | – | 25 |
| ZIP 87032 | – | – | 8 |
| ZIP 87070 | – | – | – |