The 87047 housing market is not very competitive. The median sale price of a home in 87047 was $625K over the last 3 months, down 0.46% since the same period last year. The median sale price per square foot in 87047 is $268, up 3.9% since last year.
Over the three months ending June 2026, 87047 home prices were down 0.46% compared to the same period last year, selling for a median price of $625K. On average, homes in 87047 sell after 81 days on the market compared to 45 days last year. There were 20 homes sold in June this year, down from 25 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$624,634
-0.46% YoY | Jun 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2026
Growth
% YoY
87047, NM
$624,634
-0.46%
United States
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How hot is the 87047 housing market?
87047 is not very competitive. Homes sell in 82.5 days.
0
100
20
Not 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 6 months
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 83 days.
Hot homes
can sell for around list price and go pending in around 29 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 87047 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 87047.
Flood Factor - Minor
1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
87047 has a minor risk of flooding. 61 properties in 87047 are likely to be
severely affected
by flooding over the next 30 years. This represents 1% of all properties in 87047. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
87047 has a severe risk of wildfire. There are 5,294 properties in 87047 that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in 87047.