Is Tularosa, NM 88352 a buyer’s or seller’s market?

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

Tularosa is a buyer’s market. With about 17.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply17.3Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market55Listing to accepted offer
Median price per sq ft$115▼ −33.7% vs. last year

The Tularosa housing market right now

In the three months ending August 31, 2026, 0% of homes in Tularosa, NM 88352 sold above their list price, the typical home went under contract in 55 days and there were 17.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (265 days then) and the median sale price rose 12% to $234,898. Overall, Tularosa is more competitive than a year ago, so tougher for buyers.

Within Otero County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Chaparral 88081 (8% sold over asking) is even more competitive.

Nearby markets

Alamogordo 88310Seller’s market $161 /sq ftBent 88314 — /sq ftChaparral 88081Balanced $187 /sq ftCloudcroft 88317Buyer’s market $237 /sq ft Browse all markets →

Where Tularosa is

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Questions about Tularosa real estate

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

A buyer’s market: there were 17.3 months of supply in Tularosa, NM 88352 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 Tularosa?

The typical home went under contract in 55 days in the latest three months.

Do homes in Tularosa sell over asking?

0% of homes sold above their original list price.

What are property taxes in Tularosa?

About 0.55% of a home’s value a year in Otero County, or roughly $2,200 on a $400,000 home.

What is the median home price in Tularosa?

The median sale price was $234,898 in the three months ending August 31, 2026, about $115 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