Housing in Red River, NM
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$1,165,000
Median List Price
$575,000
Price Per Sq Ft
$445
Days on Market
254
Active Inventory
14
Months of Supply
7.0
Buyer's market
Zillow Home Value
$402,702
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
95.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
2
New Listings
2
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$445
Median List $/SF
$315
Red River vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Red River is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$432,400
Median Rent
$935
Total Housing Units
984
Vacancy Rate
68.3%
Owner Occupied
34.3%
Renter Occupied
65.7%
Median Property Tax
N/A
per year
Monthly Cost (w/ Mortgage)
$852
Housing Types
The current median sale price in Red River, NM is $1,165,000 according to Redfin data. Homes spend a median of 254 days on the market. 0.0% of homes sold above asking price. The market has 7.0 months of supply. The median price per square foot is $445. The median rent is $935 per month (Census ACS). About 34.3% of housing units are owner-occupied. The median year homes were built is 1979. There are 984 total housing units.