60Alpha

Clovis, NM metro area Housing Market Brief

metro · as of May 2026

Seller's

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%
-11.272
Inventory Health25%
+6.064
Affordability20%
64
Economic Strength20%
No data
50
Rental Yield15%
45

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

EmergingGrowingMaturePeakingDecliningRecovering

Clovis, NM metro area is classified as Growingstrengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Clovis, NM metro area housing market data

MetricValueYoY
Median Sale Price$240K▲ +18.5%
Median Days on Market37 days-21.3%
Months of Supply5.5▲ +27.9%
Homes for Sale209-18.4%
Homes Sold38-36.7%
Median Price / Sq Ft$137▲ +11.5%
Sale-to-List Ratio99.2%

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

Now: 60
3-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 May 2026, Clovis, NM metro area is classified as a Seller's 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 $240K, having risen 18.5% over the past year.

How affordable is Clovis, NM metro area?

Clovis, NM metro area scores 64 out of 100 on affordability — relatively 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 Price Momentum (72/100) and its weakest is Rental Yield (45/100). 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.