87020, NM Housing Market
The 87020 housing market is somewhat competitive. The median sale price of a home in 87020 was $186K last month, down 13.2% since last year.
87020 Housing Market Trends
In May 2025, 87020 home prices were down 13.2% compared to last year, selling for a median price of $186K. On average, homes in 87020 sell after 28 days on the market compared to 85 days last year. There were 20 homes sold in May this year, up from 14 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 87020 housing market?
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 12 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 32 days.
- Hot homescan sell for about 2% below list price and go pending in around 13 days.
View houses in 87020 that sold recently
Recently sold homes
- Unknown Last Sold Price2 beds1 bath1,170 sq ft646 E Stephens St, Grants, NM 87020List Price—Sale to List—Days on Market343 days646 E Stephens St, Grants, NM 87020
- Unknown Last Sold Price—beds—baths—sq ftIron St, Grants, NM 87020List Price—Sale to List—Days on Market45 daysIron St, Grants, NM 87020
- Unknown Last Sold Price3 beds2 baths1,120 sq ft1260 Cortez St, Grants, NM 87020List Price—Sale to List—Days on Market74 days1260 Cortez St, Grants, NM 87020
- Unknown Last Sold Price3 beds2 baths2,232 sq ft51 Lobo Draw Rd, Grants, NM 87020List Price—Sale to List—Days on Market56 days51 Lobo Draw Rd, Grants, NM 87020
- Unknown Last Sold Price3 beds1 bath1,314 sq ft808 Melvin St, Grants, NM 87020List Price—Sale to List—Days on Market351 days808 Melvin St, Grants, NM 87020
- $2,200,000—beds—baths—sq ft1604 E Santa Fe Ave, Grants, NM 87020List Price—Sale to List—Days on Market—1604 E Santa Fe Ave, Grants, NM 87020
- Unknown Last Sold Price3 beds2 baths1,536 sq ft1213 Estancia Ave, Grants, NM 87020List Price—Sale to List—Days on Market119 days1213 Estancia Ave, Grants, NM 87020
- Unknown Last Sold Price2 beds1.5 baths2,166 sq ft7873 Zuni Rd, Grants, NM 87020List Price—Sale to List—Days on Market125 days7873 Zuni Rd, Grants, NM 87020
See all recently sold homes in 87020.
See listings
Schools in 87020
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Bluewater Elementary School Public • K-6 | 70 Students | N/A |
8/10 San Rafael Elementary School Public • K-6 | 53 Students | 1 reviews |
7/10 Mesa View Elementary School Public • PreK-6 | 475 Students | 1 reviews |
6/10 Mount Taylor Elementary School Public • PreK-6 | 413 Students | N/A |
3/10 Thoreau Elementary School Public • PreK-5 | 400 Students | 2 reviews |
Climate's impact on 87020 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 87020.
Flood Factor - Moderate
Flood Factor

Fire Factor - Major
Fire Factor

Wind Factor - Minimal
Wind Factor

Heat Factor - Moderate
Heat Factor

More real estate resources for 87020
New Listings in 87020
County Housing Markets
City Housing Markets
Nearby Zip Code Housing Markets
County Listings
City Listings
Nearby Zip Code Listings
About us
Find us
Subsidiaries
Copyright: © 2025 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.