Metropolitan market · New Mexico · September 2026 data

What is the Clovis, NM real estate market doing?

As of September 2026, the median home listed in Clovis, NM asks $239,950, up 4.3% year over year. Homes spend a median of 68 days on market, with 244 active listings and 16% carrying a price cut; pending contracts equal 39% of active listings, and inventory sits at 67% of the same month in 2019 — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$239,950
▲ 4.3% YoY
Median $ / sq ft
$129
1,806 sq ft median
Median days on market
68
September 2026
Active listings
244
For sale now
New listings
66
September 2026
Listings with price cuts
16%
Share of active
Inventory vs 2019
67%
Same month, 2019 = 100
Pending / active
39%
Contract activity
Median sale price (closed)
$237,500
▲ 10.5% YoY · closed sales · July 2026
Sale-to-list ratio
n/a
Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Homes sold / month
60
Closed sales · July 2026, seasonally adjusted

What is the Clovis, NM housing market doing right now?

The Clovis, NM housing market lists at a $239,950 median as of September 2026, up 4.3% year over year, with a 68-day median market time and 244 homes for sale (16% with a price cut). Active inventory is 67% of the 2019 level, reading as a balanced market by days-on-market pace.

Clovis housing market statistics

The table summarizes Clovis's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Clovis.

Clovis, NM housing market at a glance — September 2026
MetricLatestDetail
Median listing price$239,950+4.3% YoY
Median price per sq ft$1291,806 sq ft median
Median days on market68+1% YoY
Active listings244-25% YoY
New listings this month66September 2026
Listings with a price cut16%Share of active
Median sale price (closed)$237,500+10.5% YoY · closed sales, July 2026
Sale-to-list ration/aNon-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Pending-to-active ratio39.1%96 pending
Inventory vs 201967%Active listings vs same month in 2019

How have home prices changed in Clovis?

Clovis home prices are up 4.3% year over year and +0.6% month over month as of September 2026, at a $239,950 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$240K$234K$229K$223K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Clovis NM · trailing 8 quarters · source: public records and industry data.

The 10-year view
$244K$223K$202K$181K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Clovis NM · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Clovis?

Clovis has 244 active listings, 66 new this month, 96 pending as of September 2026. About 16% of active listings have cut their price, and inventory sits at 67% of its 2019 level — a balanced market by pace.

Active listings
244
New this month
66
Pending
96
Price-reduced
39

Is Clovis a good real estate investment?

Clovis scores 70/100 on WealthyBud's composite Investor Score, ranking #102 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
70/100
#102 of 933 covered metros
12-month outlook
+4.8%
▲ Rising · model output, not advice
Momentum
75
Value
69
Rental yield
76
Supply risk
24
Market heat
48

Clovis scores 70/100 on our composite Investor Score (#102 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 67% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 4.3% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Clovis ranks on the trending markets index.

How much is a monthly mortgage payment in Clovis?

A home at Clovis's $239,950 median listing runs about $1,313 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,186/mo
−$128/mo vs today
At today's rate · 7.28%
$1,313/mo
National weekly average
If rates rise 1% · 8.28%
$1,446/mo
+$133/mo vs today

Principal & interest on the $239,950 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Clovis?

To buy Clovis’s $239,950 median listing with 20% down, a household needs about $61,000 a year in gross income, keeping principal, interest and property tax ($1,417/mo) at 28% of income. That is 1.1× the area’s $55,193 median household income, so a typical Clovis household cannot afford the median listing on these terms.

Income needed to buy the median home in Clovis, NM — September 2026
ItemAmountBasis
Median listing price$239,950September 2026
Down payment (20%)$47,990Assumption
Principal & interest (7.28%, 30-yr fixed)$1,313/moRate as of 2026-10-01
Property tax (0.52% effective rate)$104/moCensus ACS
Income needed (28% rule)$61,000Gross household income / yr
Median household income$55,193Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Clovis housing market?

Longer-run demand in Clovis shows up in 62 homes permitted in 2025; net migration of -218 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
62
▼ 69.0% vs 2024
0.9 per 1,000 residents
Net migration (2022–2023)
-218
▼ people, via tax-return records
net income flow −$14.1M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

Client-ready report

Send a branded Clovis market report to your clients.

Open report gallery
Find the best in Clovis

Clovis housing market FAQ

What is the median home price in Clovis?
As of September 2026, the median listing price in Clovis, NM is $239,950, up 4.3% year over year (source: public records and industry data). Figures cover the Clovis, NM metro area.
How much does it cost to buy a home in Clovis?
The median home listed in Clovis asks $239,950 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,313 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Clovis?
The median property in Clovis spends 68 days on the market, with 244 homes actively listed and 16% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Clovis?
With a median 68 days on market and 16% of active listings carrying a price cut, pending contracts at 39% of active listings, Clovis reads as a balanced market as of September 2026. Lean is based on days-on-market pace when closed-sale ratios are unavailable. Conditions shift monthly.
Is Clovis a good place to invest in real estate?
Clovis scores 70/100 on WealthyBud's Investor Score, ranking #102 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Clovis?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Clovis and the wider New Mexico market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Clovis, NM metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More New Mexico housing markets

Naomi Whitfield Real Estate Data Analyst

Naomi Whitfield is a real estate data analyst who builds metro-level price, inventory and days-on-market datasets from public MLS aggregates and county records. She reviews WealthyBud's market pages for data accuracy before they publish.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.