$25,000
0.16 Acres
Land
David W Meyer, Listing Office: DM & BM Realty, Inc.
Housing Prices in 87901, NM
How much do homes in 87901, NM cost?
Median List Price
$159,900
$122/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
-$107,600(-40.2%)
Key Takeaway
The list price of homes in 87901 has decreased by 40.2% since last year.
Summary: The median home list price in 87901 was $159,900 in October 2024, down 40.2% from the previous year, and the median price per square foot was $122.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | $243.7K | -30.4% |
| 2 Bedrooms | - | $152.5K | N/A |
| 3 Bedrooms | $267.5K | $218.7K | -18.2% |
| 4 Bedrooms | $123.2K | $123.2K | 0.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: 87901 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.4%, 2 bedroom homes did not change, 3 bedroom homes decreased by 18.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 87901, NM
How many homes are available in 87901, NM?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Summary: The 87901 real estate market had 4 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 | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 87901 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 87901, NM
How long does it take to sell a home in 87901, NM?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 575 Days | 112 Days | -80.5% |
Summary: Homes in 87901 had an average listing age of 112 days in Oct 2024, down by 80.5% 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. 
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by other brokerage firms are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers.