Is Silver City, NM 88061 a buyer’s or seller’s market?

The Silver City housing market right now

In the three months ending August 31, 2026, 0% of homes in Silver City, NM 88061 sold above their list price, the typical home went under contract in 85 days and there were 6.8 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 (68 days then) and the median sale price fell 4% to $298,371. Overall, Silver City is less competitive than a year ago, which gives buyers more room.

Within Grant County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.