$35,000
4.13 Acres
Land
Tonia Russell, Listing Office: Realty One of New Mexico
Housing Prices in 87821, NM
How much do homes in 87821, NM cost?
Median List Price
$185,000
$157/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
-$42,500(-18.7%)
Key Takeaway
The list price of homes in 87821 has decreased by 18.7% since last year.
Summary: The median home list price in 87821 was $185,000 in October 2024, down 18.7% from the previous year, and the median price per square foot was $157.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $345K | +50.0% |
| 2 Bedrooms | $212K | $185K | -12.7% |
| 3 Bedrooms | $225K | $166.5K | -26.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 87821 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 12.7%, 3 bedroom homes decreased by 26%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 87825 | $172.5K | $209.5K | +21.4% |
| 87827 | $335K | $379K | +13.1% |
| 87821 | $227.5K | $185K | -18.7% |
Housing Supply in 87821, NM
How many homes are available in 87821, NM?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Summary: The 87821 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 | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 87821 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 87821, NM
How long does it take to sell a home in 87821, NM?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 210 Days | 576 Days | +173.9% |
Summary: Homes in 87821 had an average listing age of 576 days in Oct 2024, up by 173.9% compared to the previous year.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.