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Is Grants, NM 87020 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Grants is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score17/ 100

More competitive than 10% of U.S. ZIP codes, and #46 of 51 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.7Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list94.6%Sold price ÷ list price
Median days on market41Listing to accepted offer
Median price per sq ft$134▲ +42.3% vs. last year

Run the numbers for 87020

Prefilled for 87020Can I win this house?Multiple-offer likelihood for a listing Prefilled for 87020Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bluewater 87005 — /sq ftFence Lake 87315 $391 /sq ftLaguna 87026 $185 /sq ftMilan 87021 — /sq ft Browse all markets →

More tools for 87020

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology