#1078857, Tonia Falls, Listing Office: Realty One of New Mexico
Magdalena Housing Market Report February 2025•Socorro County, New Mexico
Housing Prices in Magdalena, NM
How much do homes in Magdalena, NM cost?
Median List Price
$172,500$137/SqFt
Based on all homes listed in the last 12 months
Insight
The list price of homes in Magdalena has remained the same since last year.
Summary: The median home list price in Magdalena was $172,500 in February 2025, the same as the previous year, and the median price per square foot was $137.
Median List Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $122.5K | $180K | +46.9% |
| 22 Bedrooms | $220K | $165K | -25.0% |
| 33 Bedrooms | $50K | $174.7K | +249.5% |
| 44 Bedrooms | $172.5K | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Magdalena housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +46.9%. The home price for 2 bedroom homes decreased by -25.0%. The home price for 3 bedroom homes increased by +249.5%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Magdalena, NM
How many homes are available in Magdalena, NM?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthFeb 2025 | ||
| 42 months agoJan 2025 | +25.0 % Change MoMJan – Feb |
Summary: The Magdalena real estate market had 5 homes for sale in Feb 2025, a 25.0 % increase compared to Jan 2025.
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 3 | +50.0% |
| 33 Bedrooms | 2 | 2 | 0.0% |
| 44 Bedrooms | 0 | 0 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Magdalena housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Magdalena, NM cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Magdalena, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Magdalena in February 2025, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Magdalena, NM
How long does it take to sell a home in Magdalena, NM?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in Magdalena are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 1 homes were sold in Magdalena; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 308 DaysThis YearFeb 2025 | ||
| 225 Days1 year agoFeb 2024 | +36.9 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Magdalena had an average listing age of 308 days in Feb 2025, up by 36.9% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Magdalena, NM
What homes are available in Magdalena, NM?
$1,841 Closing Credit¹
#1078448, Karolyn M Chavez, Listing Office: Realty One of New Mexico
#1072570, Anna T Carabajal, Listing Office: Realty One of New Mexico
#1055672, Karolyn M Chavez, Listing Office: Realty One of New Mexico
$2,672 Closing Credit¹
#1059145, Karolyn M Chavez, Listing Office: Realty One of New Mexico
$594 Closing Credit¹
#1032536, Karolyn M Chavez, Listing Office: Realty One of New Mexico
$4,453 Closing Credit¹
#1058806, Karolyn M Chavez, Listing Office: Realty One of New Mexico
Nearby markets
Nearby markets aren't available for Magdalena, NM
Popular Cities with Homes for Sale in New Mexico
- Homes for sale in Albuquerque, NM
- Homes for sale in Anthony, NM
- Homes for sale in Belen, NM
- Homes for sale in Bernalillo, NM
- Homes for sale in Cerrillos, NM
- Homes for sale in Corrales, NM
- Homes for sale in Edgewood, NM
- Homes for sale in Espanola, NM
- Homes for sale in Los Lunas, NM
- Homes for sale in Moriarty, NM
- Homes for sale in Placitas, NM
- Homes for sale in Rio Rancho, NM
- Homes for sale in Sandia Park, NM
- Homes for sale in Santa Fe, NM
- Homes for sale in Tijeras, NM
MLS Disclaimers and Copyright
Based on information from Southwest Multiple Listing Service, for the period 03/01/2023 - 03/01/2025
The 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: 3/6/2025, 6:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.