Housing Prices in 87535, NM

How much do homes in 87535, NM cost?

Median List Price

$599,000

$314/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$51,500(+9.4%)

Key Takeaway

The list price of homes in 87535 has increased by 9.4% since last year.

Summary: The median home list price in 87535 was $599,000 in November 2024, up 9.4% from the previous year, and the median price per square foot was $314.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $499K$319.9K
-35.9%
2 $536.4K$474K
-11.6%
3 $531.4K$599K
+12.7%
4 $1.1M$779K
-29.2%
5+ --
N/A

Summary: 87535 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.9%, 2 bedroom homes decreased by 11.6%, 3 bedroom homes increased by 12.7%, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

87501
+13.1%
87535
+9.4%
87552
+6.3%
87505
+3.8%
87508
0%

Housing Supply in 87535, NM

How many homes are available in 87535, NM?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
660.0%

Summary: The 87535 real estate market had 6 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 44
0.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 87535 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 87535, NM

How long does it take to sell a home in 87535, NM?

Average Listing Age

Nov 2023Nov 2024CHANGE
237 Days94 Days-60.3%

Summary: Homes in 87535 had an average listing age of 94 days in Nov 2024, down by 60.3% compared to the previous year.

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

Report Updated 17 Days Ago

Newest Listings in 87535, NM

Nearby Markets to 87535, NM