The 87004 housing market is somewhat competitive. The median sale price of a home in 87004 was $435K over the last 3 months, up 13.0% since the same period last year. The median sale price per square foot in 87004 is $231, up 8.2% since last year.
Over the three months ending September 2026, 87004 home prices were up 13.0% compared to the same period last year, selling for a median price of $435K. On average, homes in 87004 sell after 41 days on the market compared to 20 days last year. There were 16 homes sold in September this year, down from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$434,872
+13.0% YoY | Sep 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Sep 2026
Growth
% YoY
87004, NM
$434,872
+13.0%
United States
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How hot is the 87004 housing market?
87004 is somewhat competitive. Homes sell in 48 days.
0
100
61
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 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 48 days.
Hot homes
can sell for around list price and go pending in around 16 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 87004 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 87004.
Flood Factor - Minor
42% of properties are at risk of severe flooding over the next 30 years
Flood Factor
87004 has a minor risk of flooding. 14 properties in 87004 are likely to be
severely affected
by flooding over the next 30 years. This represents 42% of all properties in 87004. Flood risk is increasing slower than the national average.
98% of properties are at risk of wildfire over the next 30 years
Fire Factor
87004 has a major risk of wildfire. There are 5,238 properties in 87004 that have some risk of being affected by wildfire over the next 30 years. This represents 98% of all properties in 87004.