Silver City, NM Housing Market

Silver City, NM's median home value is $183K, down 6.5% over the past year. Homes here sell in a median 89 days. Its PropertyIQ Score of 2 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

Understanding the Silver City, NM housing market requires looking beyond headline price figures. The PropertyIQ Score reads both sides of market strength: Zillow price momentum across 3- and 12-month windows, and Realtor.com flow signals — days on market and the share of listings with price cuts. Together they predict how this NM metro is set to perform relative to the rest of its state.

Mountain West markets combine outdoor lifestyle appeal with booming tech and remote-work migration. Cities across Colorado, Utah, Arizona, and Nevada have experienced some of the nation's fastest appreciation, though rising interest rates have introduced new dynamics to these previously red-hot markets. Within the Mountain West, Silver City, NM's PropertyIQ Score of 2 runs below the Mountain West norm.

Each month, PropertyIQ updates its score for Silver City, NM using four inputs: Zillow ZHVI twelve-month and three-month momentum, Realtor.com median days on market, and the Realtor.com share of listings with price cuts. These four signals are combined into a single 1 to 99 score computed across all metro markets and calibrated so 50 represents the state average, making it a direct read of how this market is positioned to perform relative to its state.

View Silver City, NM's complete market profile including historical price trends, score history, and AI-generated analysis. Compare this market against any other US metro to find the best opportunities for your investment strategy.