Is Waterflow, NM 87421 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Waterflow 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 Waterflow housing market right now

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

About the area

San Juan County, NM

Population	1,468
Median income	$51,029
Average income	$60,763
Median home value	$122,800
Median rent	$1,616/month
Owner-occupied	72% of homes
Median year built	1991

Natural hazard riskWinter storms (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 87421; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 87421

Prefilled for 87421Can I win this house?Multiple-offer likelihood for a listing Prefilled for 87421Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Aztec 87410Seller’s market $196 /sq ft Bloomfield 87413Seller’s market $177 /sq ft Farmington 87401Seller’s market $183 /sq ft Farmington 87402Seller’s market $201 /sq ft Browse all markets →

Towns like Waterflow nearby

Find towns like Waterflow in other states →

Fruitland, NM87416 · 7 miles away83% similarcheaper homes ($28K less) · larger Kirtland, NM87417 · 9 miles away64% similarpricier homes ($57K more) · larger Bloomfield, NM87413 · 30 miles away63% similarpricier homes ($53K more) · larger Shiprock, NM87420 · 14 miles away61% similarlarger · more renters

Where Waterflow is

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Questions about Waterflow real estate

What are property taxes in Waterflow?

About 0.68% of a home’s value a year in San Juan County, or roughly $2,720 on a $400,000 home.

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More tools for 87421

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 San Juan County property taxes San Juan 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