Is Cleveland, NM 87715 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Cleveland 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 Cleveland housing market right now

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

About the area

Mora County, NM

Population	63
Owner-occupied	51% of homes
Median year built	1995

Natural hazard riskWildfire (very 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 87715; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 87715

Prefilled for 87715Can I win this house?Multiple-offer likelihood for a listing Prefilled for 87715Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Guadalupita 87722 — /sq ft Mora 87732 $262 /sq ft Ocate 87734 — /sq ft Browse all markets →

Where Cleveland is

Loading map…

Questions about Cleveland real estate

What are property taxes in Cleveland?

About 0.72% of a home’s value a year in Mora County, or roughly $2,880 on a $400,000 home.

Local agents

See all agents in 87715 →

No sponsored agents in 87715 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 87715

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 Mora County property taxes Mora County loan limits Closing costs in New Mexico Hottest 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

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="87715"><a href="https://offerbacked.com/market/87715">Cleveland, NM 87715 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

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

Preview Dark version

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