| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $311,000 | -11.7% YoY |
| Median price per sq ft | $177 | 1,818 sq ft median |
| Median days on market | 94 | +22% YoY |
| Active listings | 133 | -14% YoY |
| New listings this month | 20 | September 2026 |
| Listings with a price cut | 16% | Share of active |
| Median sale price (closed) | $259,750 | -22.5% 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 |
| Pending-to-active ratio | 26.7% | 36 pending |
| Inventory vs 2019 | 66% | Active listings vs same month in 2019 |
Metropolitan market · New Mexico · September 2026 data
What is the Silver City, NM real estate market doing?
As of September 2026, the median home listed in Silver City, NM asks $311,000, down 11.7% year over year. Homes spend a median of 94 days on market, with 133 active listings and 16% carrying a price cut; pending contracts equal 27% of active listings, and inventory sits at 66% of the same month in 2019 — a buyer-leaning market. Figures come from public records and industry data, updated monthly.
Median listing price
$311,000
▼ 11.7% YoY
Median $ / sq ft
$177
1,818 sq ft median
Median days on market
94
September 2026
Active listings
133
For sale now
New listings
20
September 2026
Listings with price cuts
16%
Share of active
Inventory vs 2019
66%
Same month, 2019 = 100
Pending / active
27%
Contract activity
Median sale price (closed)
$259,750
▼ 22.5% 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
20
Closed sales · July 2026, seasonally adjusted
What is the Silver City, NM housing market doing right now?
The Silver City, NM housing market lists at a $311,000 median as of September 2026, down 11.7% year over year, with a 94-day median market time and 133 homes for sale (16% with a price cut). Active inventory is 66% of the 2019 level, reading as a buyer-leaning market by days-on-market pace.
Silver City housing market statistics
The table summarizes Silver City'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 Silver City.
How have home prices changed in Silver City?
Silver City home prices are down 11.7% year over year and +3.7% month over month as of September 2026, at a $311,000 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Silver City NM · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Silver City NM · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Silver City?
Silver City has 133 active listings, 20 new this month, 36 pending as of September 2026. About 16% of active listings have cut their price, and inventory sits at 66% of its 2019 level — a buyer-leaning market by pace.
Is Silver City a good real estate investment?
Silver City scores 40/100 on WealthyBud's composite Investor Score, ranking #659 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
40/100
#659 of 933 covered metros
Silver City scores 40/100 on our composite Investor Score (#659 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 66% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 11.7% 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 Silver City ranks on the trending markets index.
How much is a monthly mortgage payment in Silver City?
A home at Silver City's $311,000 median listing runs about $1,702 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%
$1,537/mo
−$166/mo vs today
At today's rate · 7.28%
$1,702/mo
National weekly average
If rates rise 1% · 8.28%
$1,874/mo
+$172/mo vs today
Principal & interest on the $311,000 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 Silver City?
To buy Silver City’s $311,000 median listing with 20% down, a household needs about $78,000 a year in gross income, keeping principal, interest and property tax ($1,822/mo) at 28% of income. That is 1.7× the area’s $45,921 median household income, so a typical Silver City household cannot afford the median listing on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $311,000 | September 2026 |
| Down payment (20%) | $62,200 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $1,702/mo | Rate as of 2026-10-01 |
| Property tax (0.46% effective rate) | $119/mo | Census ACS |
| Income needed (28% rule) | $78,000 | Gross household income / yr |
| Median household income | $45,921 | Census 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 Silver City housing market?
Longer-run demand in Silver City shows up in net migration of -5 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Net migration (2022–2023)
-5
▼ people, via tax-return records
net income flow +$1.38M/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.
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ReadSilver City housing market FAQ
What is the median home price in Silver City?
As of September 2026, the median listing price in Silver City, NM is $311,000, down 11.7% year over year (source: public records and industry data). Figures cover the Silver City, NM metro area.
How much does it cost to buy a home in Silver City?
The median home listed in Silver City asks $311,000 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,702 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Silver City?
The median property in Silver City spends 94 days on the market, with 133 homes actively listed and 16% of them carrying a price cut — a buyer-leaning market as of September 2026.
Is it a buyer's or seller's market in Silver City?
With a median 94 days on market and 16% of active listings carrying a price cut, pending contracts at 27% of active listings, Silver City reads as a buyer-leaning market as of September 2026. Lean is based on days-on-market pace when closed-sale ratios are unavailable. Conditions shift monthly.
Is Silver City a good place to invest in real estate?
Silver City scores 40/100 on WealthyBud's Investor Score, ranking #659 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 Silver City?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Silver City 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 Silver City, 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.
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