Is Glenwood, NM 88039 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Glenwood 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 Glenwood housing market right now

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

About the area

Catron County, NM

Population	859
Median income	$31,484
Average income	$46,863
Median home value	$150,500
Median rent	$718/month
Owner-occupied	84% of homes
Median year built	1980
Walkability	4.9 of 20Least walkable

Natural hazard riskWildfire (very high), winter storms (moderate)

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 88039; 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 88039

Prefilled for 88039Can I win this house?Multiple-offer likelihood for a listing Prefilled for 88039Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Datil 87821Buyer’s market $210 /sq ft Luna 87824Seller’s market $237 /sq ft Pie Town 87827Buyer’s market $391 /sq ft Quemado 87829Buyer’s market $250 /sq ft Browse all markets →

Where Glenwood is

Loading map…

Questions about Glenwood real estate

What are property taxes in Glenwood?

About 0.36% of a home’s value a year in Catron County, or roughly $1,440 on a $400,000 home.

Local agents

See all agents in 88039 →

No sponsored agents in 88039 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 88039

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 Catron County property taxes Catron 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="88039"><a href="https://offerbacked.com/market/88039">Glenwood, NM 88039 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