Is Veguita, NM 87062 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Veguita 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—

The Veguita housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Socorro County, NM

Population	1,922
Median income	$20,539
Average income	$32,050
Median home value	$64,600
Owner-occupied	100% of homes
Median year built	1992

Natural hazard riskWinter storms (relatively high), hail (relatively high), wildfire (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 87062; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 87062

Prefilled for 87062Can I win this house?Multiple-offer likelihood for a listing Prefilled for 87062Over-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 ft Lemitar 87823 — /sq ft Magdalena 87825 — /sq ft San Acacia 87831Buyer’s market $164 /sq ft Browse all markets →

Towns like Veguita nearby

Find towns like Veguita in other states →

Magdalena, NM87825 · 38 miles away12% similarpricier homes ($39K more) · older residents Belen, NM87002 · 12 miles away6% similarhigher income ($31K more) · pricier homes ($121K more) Mountainair, NM87036 · 29 miles away6% similarhigher income ($27K more) · pricier homes ($145K more) Socorro, NM87801 · 31 miles away5% similarhigher income ($26K more) · pricier homes ($101K more)

Where Veguita is

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Questions about Veguita real estate

What are property taxes in Veguita?

About 0.61% of a home’s value a year in Socorro County, or roughly $2,440 on a $400,000 home.

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More tools for 87062

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Socorro County property taxes Socorro County loan limits Closing costs in New Mexico Hottest ZIP codes in New Mexico

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