$10,000 Closing Credit*
$1,495,000
3,346 SqFt
3 Beds
•2 Full Baths
#818523, Justin Osborn, Listing Office: The Wells Group of Durango, LLC
Housing Prices in 87551, NM
How much do homes in 87551, NM cost?
Median List Price
$324,900
$225/sqft
Based on all homes listed in the last 12 months.
Difference Since December 2023
+$125,000(+62.5%)
Key Takeaway
The list price of homes in 87551 has increased by 62.5% since last year.
Summary: The median home list price in 87551 was $324,900 in December 2024, up 62.5% from the previous year, and the median price per square foot was $225.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $127.4K | $105K | -17.6% |
| 2 Bedrooms | $199.9K | $324.9K | +62.5% |
| 3 Bedrooms | $284.5K | $427K | +50.1% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 87551 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.6%, 2 bedroom homes increased by 62.5%, 3 bedroom homes increased by 50.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 87520 | $199.9K | $364.4K | +82.3% |
| 87551 | $199.9K | $324.9K | +62.5% |
Housing Supply in 87551, NM
How many homes are available in 87551, NM?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Summary: The 87551 real estate market had 2 homes for sale in December 2024, a 50.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 87551 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for 87551, NM
How long does it take to sell a home in 87551, NM?
Average Listing Age
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 301 Days | 344 Days | +14.2% |
Summary: Homes in 87551 had an average listing age of 344 days in Dec 2024, up by 14.2% 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. 
PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.