Clovis, NM metro area Housing Market
Cool MarketComprehensive housing market data for the Clovis, NM metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$215K
↑ 12.0% YoY
Days on Market
77 days
↑ 10.0% YoY
Active Inventory
209
↓ 8.3% YoY
Homes Sold
56
↑ 3.7% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Clovis, NM metro area Market Summary
The Clovis, NM metro area housing market is cooling down. As of March 2026, the median home sale price is $215K, up 12.0% year-over-year. Homes are spending a median of 77 days on the market, 10.0% longer than a year ago.
There are 209 homes for sale — 8.3% fewer than last year. With 3.7 months of supply, this is a seller's market. 85 new listings were added during this period, down 1.2% year-over-year.
0.0% of homes sell above their asking price. 18.7% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
68
Contributing Factors
How This Market Compares
vs. National Median
vs. New Mexico Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 51% below the national median, which could indicate stronger cash flow potential.
Clovis, NM metro area Market Trends
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Detailed Market Metrics
Median List Price
$240K
Price per Sq Ft
$132
Sale-to-List Ratio
N/A
Months of Supply
3.7
Sold Above List
0.0%
Price Drops
18.7%
New Listings
85
↓ 1.2% YoY
Pending Sales
60
Off Market in 2 Weeks
25.0%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.