87005, NM Housing Market

Homes for sale

The median sale price of a home in 87005 was $75K last month, down 81.7% since last year.

Trends
Demand
Schools
Climate

87005 Housing Market Trends

What is the housing market like in 87005 today?

In July 2024, 87005 home prices were down 81.7% compared to last year, selling for a median price of $75K.

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Sale $/Sq. Ft.

Over List Price

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Days on Market

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Total Homes Sold

To compare other locations to the 87005 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.

View houses in 87005 that sold recently

Recently sold homes

SOLD APR 15, 2025
Unknown Last Sold Price
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LOT 7, 8, 9 Tbd Red Rd, Bluewater, NM 87005
List Price
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Sale to List
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Days on Market
94 days
LOT 7, 8, 9 Tbd Red Rd, Bluewater, NM 87005

Schools in 87005

Learn about schools in the 87005 area

Elementary
Middle
High

GreatSchools Rating

10/10 Bluewater Elementary School Public • K-6	70 Students	N/A
3/10 Milan Elementary School Public • PreK-6	436 Students	1 reviews

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 87005 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 87005.

Heat Factor - Moderate

96% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 87005

New Listings in 87005

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