Newkirk, NM 88416 housing market
Data through Sep 2026 · Balanced market · leverage 59
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Buyer Leverage Score
59
Sep 2026
Months of Supply
4.8 months
Aug 2026
Days on Market
161 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
93.0%
Feb 2025
Expected Disaster Loss
$224
Dec 2025
What this means
- Supply. Listings are 25% below the 2017-19 norm: still a tight market.
- Negotiating. Buyer leverage is moderate (59/100; U.S.: 54): homes sell for about 7.1% below their final list price (as of Feb 2025); 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $224 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 San Miguel County, NM
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Las Vegas, NM 87701 | $236.9K | +10.1% | 37 |
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| Montezuma, NM 87731 | – | – | 94 |
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| ZIP 87583 | – | – | 10 |
| San Jose, NM 87565 | – | – | 25 |
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| Garita, NM 88421 | – | – | – |
| ZIP 88439 | – | – | – |