Is Clovis, NM 88101 a buyer’s or seller’s market?

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

Clovis is a seller’s market. With about 3.9 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score32/ 100

More competitive than 28% of U.S. ZIP codes, and #33 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 supply3.9Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market57Listing to accepted offer
Median price per sq ft$138▲ +3.3% vs. last year

The Clovis housing market right now

In the three months ending August 31, 2026, 0% of homes in Clovis, NM 88101 sold above their list price, the typical home went under contract in 57 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 169 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (1% then), homes sold more slowly (50 days then) and the median sale price rose 4% to $234,798. Overall, Clovis is about as competitive as it was a year ago.

On our competition score, Clovis ranks #33 of 51 NM ZIP codes with enough sales (score 32 out of 100).

Nearby markets

Melrose 88124Seller’s market $148 /sq ftTexico 88135 — /sq ft Browse all markets →

Where Clovis is

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Questions about Clovis real estate

Is Clovis a buyer’s or seller’s market?

A seller’s market: there were 3.9 months of supply in Clovis, NM 88101 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 Clovis?

The typical home went under contract in 57 days in the latest three months.

Do homes in Clovis sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Clovis?

About 0.59% of a home’s value a year in Curry County, or roughly $2,360 on a $400,000 home.

What is the median home price in Clovis?

The median sale price was $234,798 in the three months ending August 31, 2026, about $138 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