Is Taos, NM 87571 a buyer’s or seller’s market?

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

Taos is a buyer’s market. With about 9.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score2/ 100

More competitive than 0% of U.S. ZIP codes, and #51 of 51 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply9.5Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list91%Sold price ÷ list price
Median days on market97Listing to accepted offer
Median price per sq ft$359▲ +3.1% vs. last year

The Taos housing market right now

In the three months ending August 31, 2026, 0% of homes in Taos, NM 87571 sold above their list price, the typical home went under contract in 97 days and there were 9.5 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 37 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (67 days then) and the median sale price held steady to $531,270. Overall, Taos is less competitive than a year ago, which gives buyers more room.

Within Taos County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Taos ranks #51 of 51 NM ZIP codes with enough sales (score 2 out of 100).

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 →

Where Taos is

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Questions about Taos real estate

Is Taos a buyer’s or seller’s market?

A buyer’s market: there were 9.5 months of supply in Taos, NM 87571 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 Taos?

The typical home went under contract in 97 days in the latest three months.

Do homes in Taos sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 91.0% of the list price.

What are property taxes in 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 Taos?

The median sale price was $531,270 in the three months ending August 31, 2026, about $359 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