San Miguel County, NM Housing Market Brief
county · NM · as of May 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.
Where is San Miguel County, NM in its market cycle?
San Miguel County, NM is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
San Miguel County, NM housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $175K | ▼ -30% |
| Median Days on Market | 13 days | ▼ -83.9% |
| Months of Supply | 7.7 | ▲ +71.1% |
| Homes for Sale | 69 | ▲ +19% |
| Homes Sold | 9 | ▼ -30.8% |
| Median Price / Sq Ft | $124 | ▼ -29.9% |
| Sale-to-List Ratio | 96.2% | ▲ +4.8% |
How has San Miguel County, NM’s Alpha Score moved?
Markets like San Miguel County, NM
Frequently asked questions
Is San Miguel County, NM a buyer's or seller's market?
As of May 2026, San Miguel County, NM is classified as a Balanced Market, based on its Alpha Score of 42 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 19 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 (57/100) and its weakest is Affordability (19/100). 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.