87004, NM Housing Market

The 87004 housing market is somewhat competitive. The median sale price of a home in 87004 was $425K last month, up 11.8% since last year. The median sale price per square foot in 87004 is $223, up 9.3% since last year.

Trends
Demand
Schools
Climate

87004 Housing Market Trends

What is the housing market like in 87004 today?

$425K

Sale Price

+11.8%
since last year

$223

Sale $/Sq. Ft.

+9.3%
since last year

Under List Price

1.3%

Days on Market

46.5

Down Payment

—

Total Homes Sold

To compare other locations to the 87004 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in New Mexico add value to a home.

How hot is the 87004 housing market?

87004 is somewhat competitive. Homes sell in 46.5 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 47 days.
Hot homes
can sell for around list price and go pending in around 26 days.

Compare With Nearby Zip codes

87111

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 32 days.
Hot homes
can sell for around list price and go pending in around 11 days.

87144

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 44 days.
Hot homes
can sell for around list price and go pending in around 20 days.

See more nearby cities and neighborhoods

View houses in 87004 that sold recently

Recently sold homes

SOLD OCT 31, 2024
$180,000
3 beds
2 baths
1,910 sq ft
1260 Calle San Lorenzo, Bernalillo, NM 87004
List Price
—
Sale to List
—
Days on Market
—
1260 Calle San Lorenzo, Bernalillo, NM 87004
SOLD AUG 15, 2024
$575,000
3 beds
2 baths
2,809 sq ft
145 Bosque Loop, Bernalillo, NM 87004
List Price
—
Sale to List
—
Days on Market
—
145 Bosque Loop, Bernalillo, NM 87004

Schools in 87004

Learn about schools in the 87004 area

Elementary
Middle
High

GreatSchools Rating

8/10 Enchanted Hills Elementary School Public • K-5	702 Students	9 reviews
8/10 Sandia Vista Elementary School Public • PreK-5	615 Students	18 reviews
8/10 Vista Grande Elementary School Public • K-5	656 Students	7 reviews
7/10 Corrales Elementary School Public • K-5	312 Students	21 reviews
6/10 Rio Rancho Elementary School Public • K-5	565 Students	15 reviews

Only showing 5 of 8 elementary schools.

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.

Heat Factor - Major

92% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 87004

New Listings in 87004

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