OfferBackedBuyer Tools

Is Ranchos De Taos, NM 87557 a buyer’s or seller’s market?

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

Ranchos De Taos is a buyer’s market. With about 8.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8.8Under 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 market104Listing to accepted offer
Median price per sq ft$350▲ +5.3% vs. last year

The Ranchos De Taos housing market right now

In the three months ending August 31, 2026, 0% of homes in Ranchos De Taos, NM 87557 sold above their list price, the typical home went under contract in 104 days and there were 8.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 12 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (116 days then) and the median sale price fell 11% to $612,235. Overall, Ranchos De Taos is more competitive than a year ago, so tougher for buyers.

Within Taos County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Run the numbers for 87557

Prefilled for 87557Can I win this house?Multiple-offer likelihood for a listing Prefilled for 87557Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Arroyo Hondo 87513Buyer’s market $304 /sq ftArroyo Seco 87514Buyer’s market $432 /sq ftCarson 87517Seller’s market $451 /sq ftCerro 87519Buyer’s market $191 /sq ft Browse all markets →

Towns like Ranchos De Taos nearby

Find towns like Ranchos De Taos in other states →
Ohkay Owingeh, NM87566 · 32 miles away72% similarcheaper homes ($118K less) · smaller Espanola, NM87532 · 35 miles away63% similarcheaper homes ($118K less) · larger Taos, NM87571 · 4 miles away61% similarpricier homes ($103K more) · larger Hernandez, NM87537 · 35 miles away53% similarcheaper homes ($106K less) · smaller

Where Ranchos De Taos is

Loading map…

Questions about Ranchos De Taos real estate

Is Ranchos De Taos a buyer’s or seller’s market?

A buyer’s market: there were 8.8 months of supply in Ranchos De Taos, NM 87557 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 Ranchos De Taos?

The typical home went under contract in 104 days in the latest three months.

Do homes in Ranchos De Taos sell over asking?

0% of homes sold above their original list price.

What are property taxes in Ranchos De Taos?

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 Ranchos De Taos?

The median sale price was $612,235 in the three months ending August 31, 2026, about $350 per square foot.

Local agents

See all agents in 87557 →

No sponsored agents in 87557 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 87557

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 Taos County property taxesTaos County loan limitsClosing costs in New MexicoHottest ZIP codes in New Mexico
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

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