Housing Prices in 87827, NM

How much do homes in 87827, NM cost?

Median List Price

$379,000

$200/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$44,000(+13.1%)

Key Takeaway

The list price of homes in 87827 has increased by 13.1% since last year.

Summary: The median home list price in 87827 was $379,000 in October 2024, up 13.1% from the previous year, and the median price per square foot was $200.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $165K$165K
0.0%
2 $300K$950K
+216.7%
3 $335K-
N/A
4 $379K$379K
0.0%
5+ $560K$560K
0.0%

Summary: 87827 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 increased by 216.7%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

87020
+54.7%
87827
+13.1%
87821
-18.7%

Housing Supply in 87827, NM

How many homes are available in 87827, NM?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
13+200.0%

Summary: The 87827 real estate market had 3 homes for sale in October 2024, a 200.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 02
+100.0%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 87827 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 increased 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 87827, NM

How long does it take to sell a home in 87827, NM?

Average Listing Age

Oct 2023Oct 2024CHANGE
219 Days20 Days-90.7%

Summary: Homes in 87827 had an average listing age of 20 days in Oct 2024, down by 90.7% compared to the previous year.

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

Report Updated 20 Days Ago

Newest Listings in 87827, NM

Nearby Markets to 87827, NM