Is Springer, NM 87747 a buyer’s or seller’s market?

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

Springer is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market169Listing to accepted offer
Median price per sq ft$27▼ −73.5% vs. last year

Nearby markets

Angel Fire 87710Buyer’s market $280 /sq ftCimarron 87714 — /sq ftEagle Nest 87718Buyer’s market $232 /sq ftMaxwell 87728 — /sq ft Browse all markets →

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