$1,366 Closing Credit*
$115,000
1,296 SqFt
3 Beds
•1 Full Bath
#1075383, Mariah Nicole Salazar, Listing Office: Simply Real Estate
Housing Prices in 87823, NM
How much do homes in 87823, NM cost?
Median List Price
$199,000
$112/sqft
Based on all homes listed in December 2024.
Difference Since Last Month
+$84,000(+73.0%)
Key Takeaway
The list price of homes in 87823 has increased by 73% since November.
Summary: The median home list price in 87823 was $199,000 in December 2024, up 73% from the previous month, and the median price per square foot was $112.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $115K | $199K | +73.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 87823 housing prices by bedroom type for December 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 increased by 73%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 87823 | $115K | $199K | +73.0% |
| 87828 | $309K | $309K | 0.0% |
| 87831 | $349K | $349K | 0.0% |
Housing Supply in 87823, NM
How many homes are available in 87823, NM?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Summary: The 87823 real estate market had 3 homes for sale in December 2024, a 40.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 87823 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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for 87823, NM
How long does it take to sell a home in 87823, NM?
Average Listing Age
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 143 Days | 126 Days | -12.0% |
Summary: Homes in 87823 had an average listing age of 126 days in Dec 2024, down by 12% compared to the previous month.
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.