53Alpha

San Miguel County, NM Housing Market Brief

county · NM · as of July 2026

Balanced

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.

Price Momentum20%
57
Inventory Health25%
34
Affordability20%
65
Economic Strength20%
41
Rental Yield15%
77

Where is San Miguel County, NM in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

San Miguel County, NM is classified as Growing strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

San Miguel County, NM housing market data

MetricValueYoY
Median Sale Price$175K-30%
Median Days on Market13 days-83.9%
Months of Supply7.7▲ +71.1%
Homes for Sale69▲ +19%
Homes Sold9-30.8%
Median Price / Sq Ft$124-29.9%

How has San Miguel County, NM’s Alpha Score moved?

Now: 53
12-period trend
Median sale price · 12 mo

Markets like San Miguel County, NM

Frequently asked questions

Is San Miguel County, NM a buyer's or seller's market?

As of July 2026, San Miguel County, NM is classified as a Balanced Market, based on its Alpha Score of 53 out of 100. The classification reflects current price, inventory, 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 $175K, having fallen 30% over the past year.

How affordable is San Miguel County, NM?

San Miguel County, NM scores 65 out of 100 on affordability — relatively affordable 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 Rental Yield (77/100) and its weakest is Inventory Health (34/100). 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.