Is San Jose, NM 87565 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

San Jose 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 San Jose housing market right now

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

About the area

San Miguel County, NM

Population	147
Median income	$24,190
Average income	$28,944
Median home value	$228,200
Owner-occupied	100% of homes
Median year built	1972

Natural hazard riskWildfire (relatively high), winter storms (relatively high)

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 87565; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 87565

Prefilled for 87565Can I win this house?Multiple-offer likelihood for a listing Prefilled for 87565Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Conchas Dam 88416Balanced $128 /sq ft Ilfeld 87538Seller’s market $207 /sq ft Las Vegas 87701Balanced $147 /sq ft Montezuma 87731Buyer’s market $438 /sq ft Browse all markets →

Where San Jose is

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Questions about San Jose real estate

What are property taxes in San Jose?

About 0.57% of a home’s value a year in San Miguel County, or roughly $2,280 on a $400,000 home.

Local agents

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More tools for 87565

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 Miguel County property taxes San Miguel 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