Housing Prices in 87016, NM
How much do homes in 87016, NM cost?
Median List Price
$212,500
$156/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in 87016 has decreased by 3.4% since last year.
Summary: The median home list price in 87016 was $212,500 in April 2024, down 3.4% from the previous year, and the median price per square foot was $156.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $177K | +68.6% |
| 2 Bedrooms | $200K | $315K | +57.5% |
| 3 Bedrooms | $150K | $212.5K | +41.7% |
| 4 Bedrooms | $665K | $360K | -45.9% |
| 5+ Bedrooms | $630K | $361K | -42.7% |
Summary: 87016 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 68.6%, 2 bedroom homes increased by 57.5%, 3 bedroom homes increased by 41.7%, 4 bedroom homes decreased by 45.9%, and 5+ bedroom homes decreased by 42.7%.
Housing Supply in 87016, NM
How many homes are available in 87016, NM?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The 87016 real estate market had 5 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 87016 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Days on Market for 87016, NM
How long does it take to sell a home in 87016, NM?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 182 Days | 71 Days | -60.9% |
Summary: Homes in 87016 had an average listing age of 71 days in Apr 2024, down by 60.9% 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. 
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. 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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.