Roswell housing market

Neutral marketRoswell, NM metro areaData through Sep 2026
Typical home value
$171K
▲ 0.4% 1 yr
Typical rent
$1,263/mo
▲ 7.5% 1 yr
12-month forecast
−0.6%
#498 of 546 metros
Gross rent yield
8.8%
#21 of 546 · U.S. 6.3%
Days to pending
64 days
▼ −2 days 1 yr
Listings with a price cut
19%
▲ +0.4 pts 1 yr

Key takeaways

  • 1The typical home is worth $171,272, up 0.4% in a year and down 4% over five years.
  • 2Zillow forecasts home values falling 0.6% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,263/mo (+7.5% YoY), a 8.8% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $941/mo in principal and interest, $322 less than renting.
  • 5Homes go under contract in 64 days (−2 days vs last year); 19% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 45/100, #213 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $171K
$127K$145K$163K$182K2016201920222025
Typical monthly rent
Latest $1,263
$1,046$1,115$1,183$1,25220222023202420252026

How fast homes are selling

Days to go under contract
Latest 64
57667584202420252026
Share of listings with a price cut
Latest 19.5%
10.9%14.0%17.1%20.2%20182020202220242026
Homes for sale vs new listings
Latest 227
For saleNew listings
5914222530820182020202220242026
Share of homes sold above list price
Latest 15.0%
4.0%9.3%14.5%19.7%202420252026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Roswell compares

MeasureRoswellUnited StatesRank of 546
Home value, 1-yr change+0.4%+1.2%#416
Home value, 5-yr change−4.2%+19.7%
12-month forecast−0.6%+1.1%#498
Rent, 1-yr change+7.5%+2.7%#44
Gross rent yield8.8%6.3%#21
Price-to-rent ratio11.315.8
Mortgage P&I on typical home$941$2,012
Days to pending6456

Cities in the Roswell metro

1 cities with home value and rent data.

Roswell$175K▲ 0.8%$1,263▲ 7.7%8.7%

Run the numbers

Other New Mexico metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.