San Miguel County, NM Housing Market Brief
county · NM · score computed October 2026
What is San Miguel County, NM’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 3 of 5 (population 20,431–39,126) · comparable within its band
Where is San Miguel County, NM in its market cycle?
San Miguel County, NM is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for San Miguel County, NM?
County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
San Miguel County, NM housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $354K | ▼ -11.4% | Redfin |
| Median Days on Market | 83 days | ▲ +29.7% | Redfin |
| Months of Supply | 5.2 | ▼ -29.7% | Redfin |
| Homes for Sale | 81 | ▲ +20.9% | Redfin |
| Homes Sold | 15 | ▲ +66.7% | Redfin |
| Median Price / Sq Ft | $209 | ▲ +18.8% | Redfin |
How has San Miguel County, NM’s Alpha Score moved?
Markets like San Miguel County, NM
- Sierra County, NM, NMcounty44
- Lavaca County, TX, TXcounty38
- Lassen County, CA, CAcounty33
- Jackson County, TN, TNcounty44
- Franklin County, MA, MAcounty33
- Henry County, TN, TNcounty41
- Cleburne County, AR, ARcounty41
- Randolph County, AL, ALcounty53
- Cherokee County, OK, OKcounty42
- Edmonson County, KY, KYcounty57
Frequently asked questions
Is San Miguel County, NM a buyer's or seller's market?
In the scores computed October 2026, San Miguel County, NM is classified as a Buyer's Market, based on its Alpha Score of 35 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in San Miguel County, NM?
The median sale price in San Miguel County, NM is $354K, having fallen 11.4% over the past year, according to Redfin.
How affordable is San Miguel County, NM?
San Miguel County, NM scores 22 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving San Miguel County, NM's Alpha Score?
San Miguel County, NM's strongest dimension is Price Momentum (96/100) and its weakest is Inventory Health (0/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of San Miguel County, NM? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.