Is Jemez Springs, NM 87025 a buyer’s or seller’s market?
Jemez Springs is a seller’s market. With about 1.6 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 18% of U.S. ZIP codes, and #41 of 52 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 July 31, 2026. See the breakdown
The Jemez Springs housing market right now
In the three months ending August 31, 2026, 0% of homes in Jemez Springs, NM 87025 sold above their list price, the typical home went under contract in 65 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (50 days then) and the median sale price fell 29% to $307,317. Overall, Jemez Springs is less competitive than a year ago, which gives buyers more room.
Within Sandoval County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Los Alamos 87544 (34% sold over asking) and Corrales 87048 (21% sold over asking) are even more competitive.
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Nearby markets
Algodones 87001 — /sq ftBernalillo 87004Balanced $218 /sq ftCochiti Lake 87083Seller’s market $169 /sq ftCorrales 87048Balanced $319 /sq ft Browse all markets →Towns like Jemez Springs nearby
Find towns like Jemez Springs in other states →Where Jemez Springs is
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Questions about Jemez Springs real estate
Is Jemez Springs a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Jemez Springs, NM 87025 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Jemez Springs?
The typical home went under contract in 65 days in the latest three months.
Do homes in Jemez Springs sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.3% of the list price.
What are property taxes in Jemez Springs?
About 0.73% of a home’s value a year in Sandoval County, or roughly $2,920 on a $400,000 home.
What is the median home price in Jemez Springs?
The median sale price was $307,317 in the three months ending August 31, 2026, about $283 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology