New - 4 hours on Rocket
$2,138 Closing Credit¹
#1076674, Brad Leigh Patton, Listing Office: Talia Freedman and Co.
Valencia County Housing Market Report December 2024•Valencia County, New Mexico
Housing Prices in Valencia County, NM
How much do homes in Valencia County, NM cost?
Housing Market Conditions
Is Valencia County, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Valencia County is a Seller's Market
Difference Since December 2023
Since last year, Valencia County has remained a Seller's Market.
Insight
Valencia County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$300,218$190/SqFt
+$9,471
+3.3%
Based on all homes sold in the last 12 months
Insight
Homes in Valencia County have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Valencia County was $300,218 in December 2024, up 3.3% from last year, and the median price per square foot was $190.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Torrance County | $220.5K | $233.6K | +6.0% |
| Bernalillo County | $335.2K | $350K | +4.4% |
| Valencia County | $290.7K | $300.2K | +3.3% |
| Socorro County | $197K | $196K | -0.5% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $44K | $322.5K | +633.0% |
| 22 Bedrooms | $220K | $235K | +6.8% |
| 33 Bedrooms | $280K | $297.5K | +6.3% |
| 44 Bedrooms | $329.9K | $350K | +6.1% |
| 55+ Bedrooms | $366K | $373.5K | +2.0% |
Summary: Valencia County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +633.0%. The home price for 2 bedroom homes increased by +6.8%. The home price for 3 bedroom homes increased by +6.3%. The home price for 4 bedroom homes increased by +6.1%. The home price for 5 bedroom homes increased by +2.0%.
Housing supply in Valencia County, NM
How many homes are available in Valencia County, NM?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 253Last MonthDec 2024 | ||
| 2832 months agoNov 2024 | -10.6 % Change MoMNov – Dec |
Summary: The Valencia County real estate market had 253 homes for sale in Dec 2024, a 10.6 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 47Last MonthDec 2024 | ||
| 552 months agoNov 2024 | -14.5 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 3 | 2 | -33.3% |
| 22 Bedrooms | 18 | 16 | -11.1% |
| 33 Bedrooms | 181 | 159 | -12.2% |
| 44 Bedrooms | 63 | 60 | -4.8% |
| 55+ Bedrooms | 18 | 16 | -11.1% |
Summary: Valencia County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -33.3%. The inventory for 2 bedroom homes decreased by -11.1%. The inventory for 3 bedroom homes decreased by -12.2%. The inventory for 4 bedroom homes decreased by -4.8%. The inventory for 5 bedroom homes decreased by -11.1%.
Asking Price vs. Sold Price
How much do homes in Valencia County, NM cost?
Over Asking Price12 Homes
At Asking Price14 Homes
Under Asking Price21 Homes
Insight
If you're buying a home in Valencia County, you may be able to get a good deal. 44.7% of homes here sold below asking price last month.
Summary: A total of 47 homes were sold or pending in Valencia County in December 2024, down by 14.5% month-over-month. Of the 47 sold homes, 45% were sold under asking, 30% were sold at asking, and and 26% were sold over asking.
Days on Market for Valencia County, NM
How long does it take to sell a home in Valencia County, NM?
Breakdown of Home Sale Times
Under 30 Days18 Homes
30 – 90 Days14 Homes
Over 90 Days15 Homes
Insight
Many homes in Valencia County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 47 homes were sold in Valencia County; 38% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 62 DaysThis YearDec 2024 | ||
| 52 Days1 year agoDec 2023 | +19.7 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Valencia County had an average listing age of 62 days in Dec 2024, up by 19.7% compared to the previous year.
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Newest Listings in Valencia County, NM
What homes are available in Valencia County, NM?
New - 12 hours on Rocket
$4,216 Closing Credit¹
#1076589, David A Castillo, Listing Office: Coldwell Banker Legacy
New - 19 hours on Rocket
#1076588, David A Duerksen, Listing Office: Simply Real Estate
New - 1 day on Rocket
$4,036 Closing Credit¹
#1075249, Tracy A Norton, Listing Office: LGI Homes
New - 1 day on Rocket3D tour
$6,056 Closing Credit¹
#1076390, Elaine Larranaga, Listing Office: Keller Williams Realty
New - 1 day on Rocket
$3,324 Closing Credit¹
#1076532, Delilah B Armendarez Perea, Listing Office: Keller Williams Realty
New - 2 days on Rocket
$2,553 Closing Credit¹
#1076527, Amarah Hindi, Listing Office: HomeSmart Realty Pros
New - 2 days on Rocket
$6,056 Closing Credit¹
#1075416, Renee C Sanchez, Listing Office: The M Real Estate Group
New - 3 days on Rocket
#1076447, Frank X Villalobos, Listing Office: Gerald Chavez Realty Inc
New - 3 days on Rocket
$3,503 Closing Credit¹
#1075191, Nicolas V Ceccacci, Listing Office: Coldwell Banker Legacy
New - 3 days on Rocket
$4,453 Closing Credit¹
#1076414, Eric E Eichwald, Listing Office: Altura Real Estate
New - 4 days on Rocket
$2,969 Closing Credit¹
#1076388, Tiffany L Degraffenreid, Listing Office: Blue Diamond Realty LLC
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MLS Disclaimers and Copyright
Based on information from Southwest Multiple Listing Service, and Santa Fe MLS for the period 01/01/2023 - 01/01/2025
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: 1/17/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. 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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright © 2025 Santa Fe Association of REALTORS® 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: 1/17/2025, 11:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.