Picacho Hills, NM

Leaning buyer's+36.9% YoY

Housing market overview · Updated weekly

$445,000median sale price

Homes sold

7

Last 12 weeks

Days on market

135

Average pace

Active listings

32

4.6 months supply

Sale-to-list

Below asking

The Picacho Hills housing market is currently classified as a leaning buyer's with a median sale price of $445,000. Prices have risen 36.9% compared to last year, with homes spending an average of 135 days on market, indicating 4.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Picacho Hills?

The median home sale price in Picacho Hills is $445,000, up 36.9% from last year.

How long do homes stay on market in Picacho Hills?

Homes typically spend 135 days on market before going under contract.

Is Picacho Hills a buyer's or seller's market?

With 4.6 months of supply, Picacho Hills is currently a leaning buyer's.

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