Lincoln County, NM Home Values & Market Trends

The median home price in Lincoln County, NM is $348,446.05. There were 693 home sales in Lincoln County, NM over the past 12 months. The median residential Lincoln County, NM home value for transactions over the previous year is $0. The number of current listings in Lincoln County, NM is 38, and the percentage of properties for sale is 38.00%. The county has 9 foreclosures, 2 bank owned properties, 2 headed for auction, and 38 properties for sale.

Lincoln County, NM Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Ruidoso

$ 538,738

$ 240/sqft

Fort Stanton

$ --

$ --

Alto

$ 898,905

$ 390/sqft

San Patricio

$ --

$ --

Carrizozo

$ 142,550

$ 96/sqft

Nogal

$ --

$ --

Ruidoso Downs

$ 319,994

$ 236/sqft

Picacho

$ --

$ --

Capitan

$ 508,000

$ 321/sqft

Hondo

$ --

$ --

Tinnie

$ --

$ --

Corona

$ --

$ --

Glencoe

$ --

$ --

Lincoln

$ --

$ --

Housing Market Summary for Lincoln County, NM

Mar 2023February 2024Change
Median Listing Price$480K$401.7K-16.31%
Median Sold Price$297.8K$401.7K34.91%
Homes For Sale213252.38%
Homes Sold3243487.41%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lincoln County, NM

Lincoln County, NM home values range from $36,000 to $5,851,066. Capitan is the priciest city with a median listing home price of $1,250,000, and Carrizozo is most affordable with average house prices of around $50,000.

Foreclosure
There are 14 cities within Lincoln County, NM; within these cities, the median estimated home value for homes in foreclosure ranges from $874,318 in Ruidoso to the lowest value of $187,804 in Ruidoso. Foreclosure homes account for 0.00% of properties in Lincoln County, NM with Alto containing 4 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.03% of all residential properties in Lincoln County, NM with Ruidoso containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 14 cities within Lincoln County, NM; of those cities, the estimated home value for pre-foreclosure homes ranges from $501,959 in Ruidoso to the lowest home value of $233,909 in Alto.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lincoln County, NM ranges from the highest value of $0 in Alto to the lowest value of $188,953 in Alto. Bank owned homes and properties account for 0.01% of properties in Lincoln County, NM. There are 14 cities within Lincoln County, NM; Capitan containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Alto has 1 auction properties, the highest number of properties going to auction in a single city in the state of Lincoln County, NM. Auction homes and other auction properties account for 0.01% of all properties in Lincoln County, NM. There are 14 cities within Lincoln County, NM; of those cities, the median estimated home value for homes going to auction ranges from $239,632 in Alto to the lowest value of $187,804 in Alto.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.23% of residential properties in Lincoln County, NM with Ruidoso containing 23 homes for sale, the highest number of listed properties in a single city. There are 14 cities within Lincoln County, NM; homes for sale in those cities, have a range of median values from $508,000 in Capitan to the lowest value of $88,088 in Carrizozo.
    Sold Homes
    The median value for recently sold homes ranges from $559,800 in San Patricio to the lowest price of $76,440 in San Patricio. There are 14 cities within Lincoln County, NM. Ruidoso has 172 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.87% of properties in Lincoln County, NM.

      Compare Nearby Cities

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      Guide for Lincoln County, NM

      gavel for real estate auction
      Home Buying Guides & Tips
      New Mexico Foreclosure Laws
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Home Buying Guides & Tips
      How Do You Buy a House if You’re Broke?
      See More Articles
      gavel for real estate auction
      New Mexico Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      How Do You Buy a House if You’re Broke?
      Home Buying Guides & Tips|posted 20 March 2024

      What can you do when you want to buy a house when you’re strapped for cash?

      Recently Listed Homes Lincoln County, NM

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