Is Pie Town, NM a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pie Town is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Pie Town has remained a Seller's Market.

Key Takeaway

Pie Town is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pie Town, NM

How much do homes in Pie Town, NM cost?

Median Sold Price

$500,000

$178/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$240,000(+92.3%)

Key Takeaway

Homes in Pie Town have sold for 92.3% more than they did a month ago.

Summary: The median home sold price in Pie Town was $500,000 in April 2024, up 92.3% from last month, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $260K-
N/A
3 --
N/A
4 --
N/A
5+ -$500K
N/A

Summary: Pie Town housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pie Town
+92.3%
Quemado
-20.8%

Housing Supply in Pie Town, NM

How many homes are available in Pie Town, NM?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
54-20.0%

Summary: The Pie Town real estate market had 4 homes for sale in April 2024, a 20.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 10
-100.0%
3 11
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Pie Town housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pie Town, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Pie Town in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Pie Town, NM

How long does it take to sell a home in Pie Town, NM?

Average Sale Time

Mar 2024Apr 2024CHANGE
107 Days132 Days+23.4%

Summary: Homes in Pie Town had an average of 132 days on market in Apr 2024, up by 23.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Pie Town are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Pie Town; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 15 Days Ago

Newest Listings in Pie Town, NM

Nearby Markets to Pie Town, NM

What housing markets are near Pie Town, NM?