Housing Prices in 87825, NM

How much do homes in 87825, NM cost?

Median List Price

$200,000

$137/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

+$42,500(+27.0%)

Key Takeaway

The list price of homes in 87825 has increased by 27% since last year.

Summary: The median home list price in 87825 was $200,000 in December 2024, up 27% from the previous year, and the median price per square foot was $137.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $122.5K$180K
+46.9%
2 $220K$220K
0.0%
3 $100K$174.7K
+74.8%
4 $172.5K-
N/A
5+ --
N/A

Summary: 87825 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.9%, 2 bedroom homes did not change, 3 bedroom homes increased by 74.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

87825
+27.0%
87821
-8.7%

Housing Supply in 87825, NM

How many homes are available in 87825, NM?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
660.0%

Summary: The 87825 real estate market had 6 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 44
0.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 87825 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 87825, NM

How long does it take to sell a home in 87825, NM?

Average Listing Age

Dec 2023Dec 2024CHANGE
147 Days309 Days+110.2%

Summary: Homes in 87825 had an average listing age of 309 days in Dec 2024, up by 110.2% compared to the previous year.

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

Report Updated 2 Days Ago

Newest Listings in 87825, NM

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