The 87532 housing market is somewhat competitive. The median sale price of a home in 87532 was $375K last month, up 4.9% since last year. The median sale price per square foot in 87532 is $199, down 23.8% since last year.
In May 2025, 87532 home prices were up 4.9% compared to last year, selling for a median price of $375K. On average, homes in 87532 sell after 181 days on the market compared to 104 days last year. There were 6 homes sold in May this year, down from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$375,000
+4.9% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
87532, NM
$375,000
+4.9%
United States
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How hot is the 87532 housing market?
87532 is somewhat competitive. Homes sell in 95 days.
0
100
34
Somewhat 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 9 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 95 days.
Hot homes
can sell for around list price and go pending in around 46 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 87532 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 87532.
Flood Factor - Minor
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
87532 has a minor risk of flooding. 441 properties in 87532 are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in 87532. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
87532 has a major risk of wildfire. There are 7,625 properties in 87532 that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in 87532.