Photo: Matthew.kowal · CC BY-SA 4.085 homes sold in Silver City in the last year, at a typical $264K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Silver City homes are listed.
Every place Silver City homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Silver City.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 94% of Silver City’s sales, at a typical $268K
85 homes sold in the year to May 2026.
typical sale · 80 sold in 12 months
- Per square foot
- $174NM $212
- Days to sell
- 77
- Sold over asking
- 0%
- Listings with a price cut
- 19%
Multi-family (2–4 units): 1 sold, typical $265K
Condos: 4 sold, typical $249K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.7 times the 2016 price
85 sales in the last year, against 168 in 2021 and a low of 58 in 2014. The typical sale went from $159K in 2016 to $264K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Silver City
Check a listing against what Silver City homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Silver City are back to pre-pandemic levels, but 15% fewer homes come up for sale
We read every month of Silver City’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 85 sales.
If you’re buying in Silver City
- Shop in March. It brings about 12 new listings a month, close to the busiest month, with fewer bidding wars (0% over asking).
- You’ll usually have time. Only 27% of homes go under contract within two weeks; the typical one takes 78 days.
Summer brings the homes; winter brings the bidding wars
August has the most new listings (about 14 a month), but December is the most competitive: 1% of December sales close over asking. March offers nearly as much choice with fewer homes bid up (0%). January has the least competition (0%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like New Mexico as a whole
| Silver City now | 2017–19 | 2021 peak | NM now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 0% | 0% | 0% | 3% |
| Gone within two weeksShare of homes under contract within 14 days | 27% | 1% | 0% | 26% |
| Listings with a price cutShare of homes for sale that cut their price | 19% | — | — | 21% |
| Price paid vs. askingAverage sale price ÷ list price | — | 89.6% | — | 96.5% |
| Days to sellMedian days from listing to contract | 78 | 110 | 73 | 64 |
40 homes for sale on a typical day
That’s 1.4 times the 2023 low (29), 15% fewer than in 2017–19 and well under 2017’s 53.
1 in 5 listings has cut its price
19% in the last year, against — in 2017–19 and 21% across New Mexico.
Silver City ranks 20th of 24 busy New Mexico markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Silver City is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Silver City home costs about $1,480 a month
Price: Silver City’s typical sale, last 12 months. Property tax at Silver City’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Silver City is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. December has the fewest, about 6.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $264K home, about $1,230 a year.
Taxes vs. neighborsSchools
The schools grade for Silver City, from test results, graduation and how much students grow.
Schools in Silver CityTypical commute
The average one-way trip to work for people who live in Silver City.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Silver City, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Silver City. People who follow the town see it, and so do people comparing Silver City with their own town. No commission, no listing fee.
Questions about buying a home in Silver City
What do homes sell for in Silver City, NM?
85 homes sold in the year to May 2026 at a typical $264K, $174 a square foot.
Is Silver City a buyer’s or seller’s market?
A balanced market: 35 homes were for sale in May 2026 and 7 sold, about 5 months of supply., and 19% of listings cut their price.
When is the best time to buy in Silver City?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Silver City?
About 0.5% of a home’s value a year. On a $264K home that’s near $1,230.
Where can I see homes for sale in Silver City?
Zillow, Redfin, Realtor.com and Homes.com all carry Silver City’s MLS listings; the search links above open each one filtered to Silver City.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).