The 87002 housing market is somewhat competitive. The median sale price of a home in 87002 was $287K over the last 3 months, up 2.0% since the same period last year. The median sale price per square foot in 87002 is $177, up 1.1% since last year.
Over the three months ending June 2026, 87002 home prices were up 2.0% compared to the same period last year, selling for a median price of $287K. On average, homes in 87002 sell after 82 days on the market compared to 58 days last year. There were 78 homes sold in June this year, up from 55 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$287,435
+2.0% YoY | Jun 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2026
Growth
% YoY
87002, NM
$287,435
+2.0%
United States
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How hot is the 87002 housing market?
87002 is somewhat competitive. Homes sell in 90 days.
0
100
44
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 90 days.
Hot homes
can sell for around list price and go pending in around 30 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 87002 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 87002.
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
87002 has a moderate risk of flooding. 4,448 properties in 87002 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 87002. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
87002 has a moderate risk of wildfire. There are 93,188 properties in 87002 that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in 87002.