Is Monticello, NM 87939 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Monticello 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 87939

Prefilled for 87939Can I win this house?Multiple-offer likelihood for a listing Prefilled for 87939Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Arrey 87930 — /sq ft Caballo 87931Buyer’s market $124 /sq ft Elephant Butte 87935Buyer’s market $166 /sq ft Hillsboro 88042Balanced $200 /sq ft Browse all markets →

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