Is Mountainair, NM 87036 a buyer’s or seller’s market?
Mountainair is a buyer’s market. With about 10.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Mountainair housing market right now
In the three months ending August 31, 2026, 0% of homes in Mountainair, NM 87036 sold above their list price, the typical home went under contract in 117 days and there were 10.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (132 days then) and the median sale price rose 89% to $149,935. Overall, Mountainair is more competitive than a year ago, so tougher for buyers.
Within Torrance County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Moriarty 87035 (8% sold over asking) is even more competitive.
Run the numbers for 87036
Nearby markets
Encino 88321 $36 /sq ftEstancia 87016Buyer’s market $102 /sq ftMoriarty 87035Seller’s market $186 /sq ftTorreon 87061 — /sq ft Browse all markets →Towns like Mountainair nearby
Find towns like Mountainair in other states →Where Mountainair is
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Questions about Mountainair real estate
Is Mountainair a buyer’s or seller’s market?
A buyer’s market: there were 10.7 months of supply in Mountainair, NM 87036 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 Mountainair?
The typical home went under contract in 117 days in the latest three months.
Do homes in Mountainair sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.
What are property taxes in Mountainair?
About 0.45% of a home’s value a year in Torrance County, or roughly $1,800 on a $400,000 home.
What is the median home price in Mountainair?
The median sale price was $149,935 in the three months ending August 31, 2026, about $111 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