$8,906 Closing Credit*
$750,000
2,872 SqFt
3 Beds
•2 Full Baths
Yolanda Zamora, Listing Office: Sotheby's Int. RE/Washington
Housing Prices in 87538, NM
How much do homes in 87538, NM cost?
Median List Price
$499,999
$257/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
-$97,001(-16.2%)
Key Takeaway
The list price of homes in 87538 has decreased by 16.2% since last year.
Summary: The median home list price in 87538 was $499,999 in October 2024, down 16.2% from the previous year, and the median price per square foot was $257.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $641.7K | $475K | -26.0% |
| 3 Bedrooms | $597K | $547.4K | -8.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 87538 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 decreased by 26%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 87535 | $550K | $575K | +4.5% |
| 87565 | $425K | $385K | -9.4% |
| 87538 | $597K | $499.9K | -16.2% |
Housing Supply in 87538, NM
How many homes are available in 87538, NM?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Summary: The 87538 real estate market had 2 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 87538 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 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 87538, NM
How long does it take to sell a home in 87538, NM?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 121 Days | 270 Days | +122.2% |
Summary: Homes in 87538 had an average listing age of 270 days in Oct 2024, up by 122.2% compared to the previous year.
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.