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Enchanted Hills Housing Market Report June 2025•Sandoval County, New Mexico

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Housing Prices in Enchanted Hills, NM

How much do homes in Enchanted Hills, NM cost?

Housing Market Conditions

Is Enchanted Hills, NM a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Enchanted Hills is a Seller's Market

Difference Since June 2024

At the same time last year, Enchanted Hills was a Neutral Market.

Insight

Enchanted Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$362,500$201/SqFt
+$22,500
+6.6%

Based on all homes sold in the last 12 months

Insight

Homes in Enchanted Hills have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Enchanted Hills was $362,500 in June 2025, up 6.6% from last year, and the median price per square foot was $201.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Enchanted Hills
+6.6%
Lomas Encantadas
+2.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1--
N/A
2$235K$260K
+10.6%
3$315K$345.5K
+9.7%
4$382.2K$400.2K
+4.7%
5$387.5K$455K
+17.4%

Summary: Enchanted Hills housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +10.6%. The home price for 3 bedroom homes increased by +9.7%. The home price for 4 bedroom homes increased by +4.7%. The home price for 5 bedroom homes increased by +17.4%.

How does Enchanted Hills, NM compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Enchanted Hills, NM

Housing supply in Enchanted Hills, NM

How many homes are available in Enchanted Hills, NM?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
28Last MonthJun 2025
362 months agoMay 2025
-22.2 %
Change MoMMay – Jun

Summary: The Enchanted Hills real estate market had 28 homes for sale in Jun 2025, a 22.2 % decrease compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
11Last MonthJun 2025
92 months agoMay 2025
+22.2 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
100
0.0%
211
0.0%
31817
-5.6%
4118
-27.3%
562
-66.7%

Summary: Enchanted Hills housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -5.6%. The inventory for 4 bedroom homes decreased by -27.3%. The inventory for 5 bedroom homes decreased by -66.7%.

Asking Price vs. Sold Price

How much do homes in Enchanted Hills, NM cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price6 Homes

Under Asking Price4 Homes

Insight

If you're buying a home in Enchanted Hills, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in Enchanted Hills in June 2025, up by 22.2% month-over-month. Of the 11 sold homes, 36% were sold under asking, 55% were sold at asking, and and 9% were sold over asking.

Days on Market for Enchanted Hills, NM

How long does it take to sell a home in Enchanted Hills, NM?

Breakdown of Home Sale Times

Under 30 Days11 Homes

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Enchanted Hills are selling fast, if you're buying plan to act quickly.

Summary: During June 2025, 11 homes were sold in Enchanted Hills; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
13 DaysThis YearJun 2025
36 Days1 year agoJun 2024
-63.1 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in Enchanted Hills had an average listing age of 13 days in Jun 2025, down by 63.1% compared to the previous year.

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Newest Listings in Enchanted Hills, NM

What homes are available in Enchanted Hills, NM?

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MLS Disclaimers and Copyright

Based on information from Southwest Multiple Listing Service, for the period 07/01/2023 - 07/01/2025

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/7/2025, 3:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.