87031, NM Housing Market

The 87031 housing market is somewhat competitive. The median sale price of a home in 87031 was $324K last month, up 1.5% since last year. The median sale price per square foot in 87031 is $196, up 3.7% since last year.

Trends
Demand
Schools
Climate

87031 Housing Market Trends

What is the housing market like in 87031 today?

$324K

Sale Price

+1.5%
since last year

$196

Sale $/Sq. Ft.

+3.7%
since last year

Under List Price

Days on Market

Down Payment

0.0%

Total Homes Sold

To compare other locations to the 87031 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 87031 housing market?

87031 is somewhat competitive. Homes sell in 47 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 47 days.
Hot homes
can sell for around list price and go pending in around 18 days.

Compare With Nearby Zip codes

87107

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 26 days.
Hot homes
can sell for around list price and go pending in around 10 days.

87110

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 28 days.
Hot homes
can sell for around list price and go pending in around 12 days.

See more nearby cities and neighborhoods

View houses in 87031 that sold recently

Recently sold homes

SOLD NOV 25, 2024
$175,000
—beds
—baths
—sq ft
3 Summer Ct, Los Lunas, NM 87031
List Price
—
Sale to List
—
Days on Market
—
3 Summer Ct, Los Lunas, NM 87031
SOLD NOV 14, 2024
$340,000
—beds
—baths
—sq ft
1305 Valle Vista Ct NW, Los Lunas, NM 87031
List Price
—
Sale to List
—
Days on Market
—
1305 Valle Vista Ct NW, Los Lunas, NM 87031
SOLD NOV 8, 2024
$145,000
—beds
—baths
—sq ft
1083 Aragon Ct SE, Los Lunas, NM 87031
List Price
—
Sale to List
—
Days on Market
—
1083 Aragon Ct SE, Los Lunas, NM 87031
SOLD NOV 5, 2024
$380,000
—beds
—baths
—sq ft
4 Terry Dr, Los Lunas, NM 87031
List Price
—
Sale to List
—
Days on Market
—
4 Terry Dr, Los Lunas, NM 87031
SOLD OCT 25, 2024
$158,600
—beds
—baths
—sq ft
49 Turner Dr, Los Lunas, NM 87031
List Price
—
Sale to List
—
Days on Market
—
49 Turner Dr, Los Lunas, NM 87031
SOLD OCT 25, 2024
$90,000
—beds
—baths
—sq ft
43 High Deal Rd, Los Lunas, NM 87031
List Price
—
Sale to List
—
Days on Market
—
43 High Deal Rd, Los Lunas, NM 87031
SOLD OCT 3, 2024
3D WALKTHROUGH
Unknown Last Sold Price
3 beds
2.5 baths
2,262 sq ft
1084 Mesa Loop, Los Lunas, NM 87031
List Price
—
Sale to List
—
Days on Market
66 days
1084 Mesa Loop, Los Lunas, NM 87031
SOLD OCT 2, 2024
$205,561
—beds
—baths
—sq ft
9 Calle Granada, Los Lunas, NM 87031
List Price
—
Sale to List
—
Days on Market
—
9 Calle Granada, Los Lunas, NM 87031
See all recently sold homes in 87031.
See listings

Schools in 87031

Learn about schools in the 87031 area

Elementary
Middle
High

GreatSchools Rating

9/10 Gil Sanchez Elementary School Public • PreK-6	271 Students	5 reviews
9/10 The Family School Public • 1-8	143 Students	1 reviews
8/10 Sundance Elementary School Public • PreK-6	499 Students	9 reviews
8/10 Katherine Gallegos Elementary School Public • PreK-6	622 Students	3 reviews
7/10 Bosque Farms Elementary School Public • PreK-6	460 Students	9 reviews

Only showing 5 of 19 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 87031 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 87031.

Heat Factor - Major

95% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 87031

New Listings in 87031

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