Is Arroyo Hondo, NM 87513 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Arroyo Hondo is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market64Listing to accepted offer
Median price per sq ft$304

The Arroyo Hondo housing market right now

In the three months ending August 31, 2026, 0% of homes in Arroyo Hondo, NM 87513 sold above their list price, the typical home went under contract in 64 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Within Taos County, homes here sell faster than in 89% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby markets

Arroyo Seco 87514Buyer’s market $432 /sq ftCarson 87517Seller’s market $451 /sq ftCerro 87519Buyer’s market $191 /sq ftCostilla 87524 — /sq ft Browse all markets →

Where Arroyo Hondo is

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Questions about Arroyo Hondo real estate

Is Arroyo Hondo a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Arroyo Hondo, NM 87513 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 Arroyo Hondo?

The typical home went under contract in 64 days in the latest three months.

Do homes in Arroyo Hondo sell over asking?

0% of homes sold above their original list price.

What are property taxes in Arroyo Hondo?

About 0.29% of a home’s value a year in Taos County, or roughly $1,160 on a $400,000 home.

What is the median home price in Arroyo Hondo?

The median sale price was $574,751 in the three months ending August 31, 2026, about $304 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