The 87015 housing market is very competitive. The median sale price of a home in 87015 was $439K last month, down 4.0% since last year. The median sale price per square foot in 87015 is $239, up 14.9% since last year.
In May 2025, 87015 home prices were down 4.0% compared to last year, selling for a median price of $439K. On average, homes in 87015 sell after 25 days on the market compared to 19 days last year. There were 29 homes sold in May this year, up from 29 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$439,000
-4.0% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
87015, NM
$439,000
-4.0%
United States
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How hot is the 87015 housing market?
87015 is very competitive. Homes sell in 34 days.
0
100
70
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 34 days.
Hot homes
can sell for around list price and go pending in around 20 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 87015 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 87015.
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
87015 has a moderate risk of flooding. 995 properties in 87015 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 87015. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
87015 has a major risk of wildfire. There are 10,318 properties in 87015 that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in 87015.