Silver City, NM Housing Market
Cold MarketMetro-level monthly sale metrics for rental investors — prices, inventory, pace, and negotiation signals. Figures represent the Silver City, NM metro area.
Data period: May 2026
Market snapshot
- Median sale price
- $333K
- Median days on market
- 116 days
- Months of supply
- 6.5
- Active inventory
- 130
- Homes sold
- 20
- Listings with price drop
- 19.2%
- Data month
- May 2026
Pair this view with the rental property calculator, DSCR calculator, and cap rate calculator — or browse all calculators.
Rental Investor Snapshot
Labels below come from monthly sale-market indicators only. True cash flow requires local rent, taxes, insurance, vacancy, and expense assumptions — model those in the rental calculator, then sanity-check against sale-speed signals here.
- Market temperature
- Cooling
- Buyer leverage
- High
- Pricing signal vs. U.S. median
- Easier buy-in vs. U.S. median (price only)
- Investor fit (heuristic)
- Buy-in vs. U.S. · Negotiation
Watch-outs
- Slower sales (longer days on market) can mean more time to diligence — but also weaker demand.
Suggested next step: Run a rental property analysis with your own rent, financing, vacancy, and expense assumptions — then sanity-check against this market's sale-speed and negotiation signals.
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Silver City, NM market summary
The Silver City, NM metro area housing market is cooling down. As of May 2026, the median home sale price is $333K, up 67.1% year-over-year. Homes are spending a median of 116 days on the market, 20.8% longer than a year ago.
There are 130 homes for sale — 12.1% more than last year. With 6.5 months of supply, this is a buyer's market. 24 new listings were added during this period, down 33.3% year-over-year.
0.0% of homes sell above their asking price. 19.2% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
80
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. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. Prices are 26% below the national median on this sale snapshot — that can mean lower buy-in, but cash flow still depends on local rent, financing, and expenses.
Silver City, NM market trends
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Detailed market metrics
Median list price
$330K
Price per sq ft
$176
Sale-to-list ratio
N/A
Months of supply
6.5
Sold above list
0.0%
Price drops
19.2%
New listings
24
↓ 33.3% YoY
Pending sales
18
Off market in 2 weeks
22.2%
Silver City, NM housing market FAQs
What is the median home price in Silver City, NM?
For the latest published month, the median sale price in Silver City, NM is $333K. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.
Is Silver City, NM a buyer's or seller's market?
With about 6.5 months of supply, conditions often favor buyers (inventory is relatively high versus sales pace). That can mean more time to negotiate and compare listings.
How long do homes stay on the market in Silver City, NM?
For the latest published month, the median days on market in Silver City, NM is 116 days — half of homes went pending faster and half slower.
Is Silver City, NM good for rental property investors?
Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Silver City, NM can still work for rentals if the numbers work on a deal-by-deal basis — use local rent comps, financing, vacancy, and expenses in the rental property calculator.
How should investors analyze a rental property in Silver City, NM?
Start with purchase price, financing, rent, vacancy, operating expenses, and capital repairs. Stress-test rates and rent. Will It Flow’s rental property calculator is built to translate those inputs into cash flow, DSCR, cap rate, and cash-on-cash return for Silver City, NM deals.
Compare more New Mexico metro markets
Explore nearby sale-market pace and pricing, then run a shortlist through the rental property calculator.
Las Cruces, NM
$330K · 53d on market
Santa Fe, NM
$645K · 50d on market
Carlsbad, NM
$334K · 29d on market
Alamogordo, NM
$251K · 60d on market
Farmington, NM
$324K · 30d on market
Hobbs, NM
$280K · 14d on market
Taos, NM
$549K · 100d on market
Roswell, NM
$214K · 25d on market
National context
Step up to the U.S. housing market hub for national trends, then browse top metro markets by sales activity.
Underwrite a Silver City, NM deal with real numbers
Use Will It Flow for cash flow, DSCR, cap rate, and cash-on-cash return — free and fast.
Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.