60Alpha

Clovis, NM metro area Housing Market Brief

metro · NM · as of August 2026

Balanced

What is Clovis, NM metro area’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%
-12.160
Inventory Health25%
+13.978
Affordability20%
+0.650
Economic Strength20%
32
Rental Yield15%
+2.378

Where is Clovis, NM metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Clovis, NM metro area is classified as Mature holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Clovis, NM metro area?

Our model forecasts Clovis, NM metro area’s home prices to decline about 1.4% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Clovis, NM metro area housing market data

MetricValueYoY
Median Sale Price$244K▲ +13.6%
Median Days on Market64 days-3%
Months of Supply3.7-9.8%
Homes for Sale204-20%
Homes Sold58-9.4%
Median Price / Sq Ft$140▲ +5.5%

How has Clovis, NM metro area’s Alpha Score moved?

Now: 60
12-period trend
Median sale price · 12 mo

Markets like Clovis, NM metro area

Frequently asked questions

Is Clovis, NM metro area a buyer's or seller's market?

As of August 2026, Clovis, NM metro area is classified as a Balanced Market, based on its Alpha Score of 60 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Clovis, NM metro area?

The median sale price in Clovis, NM metro area is $244K, having risen 13.6% over the past year.

How affordable is Clovis, NM metro area?

Clovis, NM metro area scores 50 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Clovis, NM metro area's Alpha Score?

Clovis, NM metro area's strongest dimension is Inventory Health (78/100) and its weakest is Economic Strength (32/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Clovis, NM metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.