Housing Prices in 87056, NM

How much do homes in 87056, NM cost?

Median List Price

$325,000

$215/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$145,000(-30.9%)

Key Takeaway

The list price of homes in 87056 has decreased by 30.9% since last year.

Summary: The median home list price in 87056 was $325,000 in November 2024, down 30.9% from the previous year, and the median price per square foot was $215.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$165K
N/A
3 $417K$325K
-22.1%
4 $500K$345K
-31.0%
5+ $385K$1.5M
+289.6%

Summary: 87056 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 22.1%, 4 bedroom homes decreased by 31%, and 5+ bedroom homes increased by 289.6%.

Median List Price Compared To Nearby Zip Codes

87540
+25.8%
87010
+21.3%
87035
0.2%
87056
-30.9%

Housing Supply in 87056, NM

How many homes are available in 87056, NM?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
43-25.0%

Summary: The 87056 real estate market had 3 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 21
-50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 87056 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 87056, NM

How long does it take to sell a home in 87056, NM?

Average Listing Age

Nov 2023Nov 2024CHANGE
100 Days136 Days+35.7%

Summary: Homes in 87056 had an average listing age of 136 days in Nov 2024, up by 35.7% compared to the previous year.

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

Report Updated 3 Days Ago

Newest Listings in 87056, NM

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