Is Jarales, NM 87023 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market

Sold above original list50%Share of sales, last 3 months

Median sale-to-list90.1%Sold price ÷ list price

Median days on market106Listing to accepted offer

Median price per sq ft$89

Run the numbers for 87023

Prefilled for 87023Can I win this house?Multiple-offer likelihood for a listing Prefilled for 87023Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Belen 87002Seller’s market $172 /sq ft Los Lunas 87031Balanced $198 /sq ft Peralta 87042Balanced $211 /sq ft Browse all markets →

More tools for 87023

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

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