Housing Prices in 87535, NM

How much do homes in 87535, NM cost?

Median List Price

$517,900

$361/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$32,100(-5.8%)

Key Takeaway

The list price of homes in 87535 has decreased by 5.8% since last year.

Summary: The median home list price in 87535 was $517,900 in April 2024, down 5.8% from the previous year, and the median price per square foot was $361.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $317K$368.5K
+16.2%
2 $498K$496.5K
-0.3%
3 $599K$435K
-27.4%
4 $1.4M$925K
-35.9%
5+ --
N/A

Summary: 87535 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.2%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes decreased by 27.4%, 4 bedroom homes decreased by 35.9%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

87501
+13.4%
87505
+8.4%
87508
+3.4%
87535
-5.8%
87552
-7.1%

Housing Supply in 87535, NM

How many homes are available in 87535, NM?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
35+66.7%

Summary: The 87535 real estate market had 5 homes for sale in April 2024, a 66.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 00
0.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The 87535 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for 87535, NM

How long does it take to sell a home in 87535, NM?

Average Listing Age

Apr 2023Apr 2024CHANGE
210 Days119 Days-43.3%

Summary: Homes in 87535 had an average listing age of 119 days in Apr 2024, down by 43.3% 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 87535, NM

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