Housing Prices in 87525, NM

How much do homes in 87525, NM cost?

Median List Price

$2,295,000

$1,885/sqft

Based on all homes listed in August 2024.

Difference Since Last Month

-$1,327,500(-36.6%)

Key Takeaway

The list price of homes in 87525 has decreased by 36.6% since July.

Summary: The median home list price in 87525 was $2,295,000 in August 2024, down 36.6% from the previous month, and the median price per square foot was $1,885.

Median List Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 -$299K
N/A
2 $2.2M$2.2M
0.0%
3 --
N/A
4 $4.9M$4.9M
0.0%
5+ --
N/A

Summary: 87525 housing prices by bedroom type for August 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 List Price Compared To Nearby Zip Codes

87514
0.0%
87556
0.0%
87525
-36.6%

Housing Supply in 87525, NM

How many homes are available in 87525, NM?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
23+50.0%

Summary: The 87525 real estate market had 3 homes for sale in August 2024, a 50.0% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 01
+100.0%
2 11
0.0%
3 00
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 87525 housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 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 87525, NM

How long does it take to sell a home in 87525, NM?

Average Listing Age

Jul 2024Aug 2024CHANGE
321 Days240 Days-25.0%

Summary: Homes in 87525 had an average listing age of 240 days in Aug 2024, down by 25% compared to the previous month.

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

Report Updated 20 Days Ago

Newest Listings in 87525, NM

Nearby Markets to 87525, NM