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
City | Median Est. Value | City | Median 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 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $480K | $401.7K | -16.31% |
Median Sold Price | $297.8K | $401.7K | 34.91% |
Homes For Sale | 21 | 32 | 52.38% |
Homes Sold | 324 | 348 | 7.41% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lincoln County, NM
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- AuctionsAlto 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.
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More Real Estate Resources for Lincoln County, NM
Guide for Lincoln County, NM
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