All Home Types
87540, NM Housing Market
What is the housing market like in 87540 today?
In January 2025, 87540 home prices were down 15.1% compared to last year, selling for a median price of $824K. On average, homes in 87540 sell after 136 days on the market compared to 216 days last year. There were 4 homes sold in January this year, down from 5 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$824,000
-15.1% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
87540, NM
$824,000
-15.1%
United States
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 87540.
Provided by First Street Foundation
About us
Find us
Subsidiaries
United States
CanadaCopyright: © 2025 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.