Housing Prices in 87402, NM

How much do homes in 87402, NM cost?

Median List Price

$475,000

$201/sqft

Based on all homes listed in November 2024.

Difference Since Last Month

+$96,000(+25.3%)

Key Takeaway

The list price of homes in 87402 has increased by 25.3% since October.

Summary: The median home list price in 87402 was $475,000 in November 2024, up 25.3% from the previous month, and the median price per square foot was $201.

Median List Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $350K$495K
+41.4%
4 --
N/A
5+ $379K$379K
0.0%

Summary: 87402 housing prices by bedroom type for November 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 increased by 41.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

87402
+25.3%
87410
0.0%
87401
-29.9%

Housing Supply in 87402, NM

How many homes are available in 87402, NM?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
330.0%

Summary: The 87402 real estate market had 3 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 00
0.0%
5+ 11
0.0%

Summary: The 87402 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 87402, NM

How long does it take to sell a home in 87402, NM?

Average Listing Age

Oct 2024Nov 2024CHANGE
174 Days179 Days+2.9%

Summary: Homes in 87402 had an average listing age of 179 days in Nov 2024, up by 2.9% compared to the previous month.

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

Report Updated 22 Days Ago

Newest Listings in 87402, NM

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