$10,000 Closing Credit¹
#202500351, Laurie Hilton, Listing Office: Sotheby's Int. RE/Washington
Velarde Housing Market Report February 2025•Rio Arriba County, New Mexico
Housing Prices in Velarde, NM
How much do homes in Velarde, NM cost?
Median List Price
$412,500$182/SqFt
+$75,000
+22.2%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Velarde has increased by 22.2% since last year.
Summary: The median home list price in Velarde was $412,500 in February 2025, up 22.2% from the previous year, and the median price per square foot was $182.
Median List Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Dixon | $397K | $562.5K | +41.7% |
| Velarde | $337.5K | $412.5K | +22.2% |
| South Rio Arriba | $350K | $392.5K | +12.1% |
Median List Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $350K | $535K | +52.9% |
| 33 Bedrooms | $304.5K | $262K | -14.0% |
| 44 Bedrooms | $1.2M | $450K | -64.0% |
| 55+ Bedrooms | - | - | N/A |
Summary: Velarde housing price by bedroom type for February 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 +52.9%. The home price for 3 bedroom homes decreased by -14.0%. The home price for 4 bedroom homes decreased by -64.0%. The home price for 5 bedroom homes did not change.
How does Velarde, NM compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Velarde, NM
Housing supply in Velarde, NM
How many homes are available in Velarde, 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 Velarde 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 | 3 | 3 | 0.0% |
| 33 Bedrooms | 1 | 2 | +100.0% |
| 44 Bedrooms | 0 | 0 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Velarde 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 remained the same. The inventory for 3 bedroom homes increased by +100.0%. 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 Velarde, NM cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Velarde, 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 Velarde 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 Velarde, NM
How long does it take to sell a home in Velarde, NM?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in Velarde 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 Velarde; 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 |
|---|---|---|
| 119 DaysThis YearFeb 2025 | ||
| 120 Days1 year agoFeb 2024 | -0.8 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Velarde had an average listing age of 119 days in Feb 2025, down by 0.8% compared to the previous year.
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Newest Listings in Velarde, NM
What homes are available in Velarde, NM?
#202401990, David Mowry, Listing Office: Donna Saiz RE Group
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MLS Disclaimers and Copyright
Based on information from Santa Fe MLS, for the period 03/01/2023 - 03/01/2025
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: 3/14/2025, 8:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.