Is Arenas Valley, NM 88022 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Arenas Valley 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 Arenas Valley housing market right now

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

About the area

Grant County, NM

Population	1,326
Median income	$37,147
Average income	$51,355
Median home value	$173,100
Owner-occupied	75% of homes
Median year built	1991
Walkability	6.0 of 20Below average

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 88022; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA); walkability from the EPA National Walkability Index.

Run the numbers for 88022

Prefilled for 88022Can I win this house?Multiple-offer likelihood for a listing Prefilled for 88022Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bayard 88023Buyer’s market $85 /sq ft Buckhorn 88025 — /sq ft Cliff 88028Buyer’s market $95 /sq ft Faywood 88034 — /sq ft Browse all markets →

Towns like Arenas Valley nearby

Find towns like Arenas Valley in other states →

Santa Clara, NM88026 · 2 miles away45% similarcheaper homes ($32K less) · younger residents Silver City, NM88061 · 5 miles away38% similarpricier homes ($31K more) · larger Hurley, NM88043 · 10 miles away34% similarcheaper homes ($79K less) · 6 min longer commute Bayard, NM88023 · 4 miles away20% similarcheaper homes ($55K less) · larger

Where Arenas Valley is

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Questions about Arenas Valley real estate

What are property taxes in Arenas Valley?

About 0.46% of a home’s value a year in Grant County, or roughly $1,840 on a $400,000 home.

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More tools for 88022

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 Grant County property taxes Grant 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