$1,186 Closing Credit*
$99,900
1,220 SqFt
3 Beds
•2 Full Baths
Michael B James, Listing Office: N.M. REO Specialists
Housing Prices in 87020, NM
How much do homes in 87020, NM cost?
Median List Price
$216,500
$119/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$76,550(+54.7%)
Key Takeaway
The list price of homes in 87020 has increased by 54.7% since last year.
Summary: The median home list price in 87020 was $216,500 in October 2024, up 54.7% from the previous year, and the median price per square foot was $119.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $230K | 0.0% |
| 2 Bedrooms | $140K | $285K | +103.6% |
| 3 Bedrooms | $87.4K | $199K | +127.7% |
| 4 Bedrooms | $143K | $304.9K | +113.2% |
| 5+ Bedrooms | $154.9K | - | N/A |
Summary: 87020 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 103.6%, 3 bedroom homes increased by 127.7%, 4 bedroom homes increased by 113.2%, and 5+ bedroom homes did not change.
Housing Supply in 87020, NM
How many homes are available in 87020, NM?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The 87020 real estate market had 9 homes for sale in October 2024, a 10.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 87020 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for 87020, NM
How long does it take to sell a home in 87020, NM?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 136 Days | 102 Days | -25.0% |
Summary: Homes in 87020 had an average listing age of 102 days in Oct 2024, down by 25% compared to the previous year.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. 
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.