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Is Lemitar, NM 87823 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Lemitar 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 list—Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market—Listing to accepted offer
Median price per sq ft—

Run the numbers for 87823

Prefilled for 87823Can I win this house?Multiple-offer likelihood for a listing Prefilled for 87823Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bosque 87006Seller’s market $233 /sq ftMagdalena 87825 — /sq ftSan Acacia 87831Buyer’s market $164 /sq ftSan Antonio 87832 — /sq ft Browse all markets →

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