The 87547 housing market is somewhat competitive. The median sale price of a home in 87547 was $618K last month, down 3.5% since last year. The median sale price per square foot in 87547 is $314, up 7.2% since last year.
In July 2025, 87547 home prices were down 3.5% compared to last year, selling for a median price of $618K. On average, homes in 87547 sell after 30 days on the market compared to 8 days last year. There were 30 homes sold in July this year, up from 26 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$617,500
-3.5% YoY | Jul 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
87547, NM
$617,500
-3.5%
United States
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How hot is the 87547 housing market?
87547 is somewhat competitive. Homes sell in 33 days.
0
100
68
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 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 33 days.
Hot homes
can sell for around list price and go pending in around 9 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 87547 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 87547.
Flood Factor - Minor
2% of properties are at risk of severe flooding over the next 30 years
Flood Factor
87547 has a minor risk of flooding. 86 properties in 87547 are likely to be
severely affected
by flooding over the next 30 years. This represents 2% of all properties in 87547. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
87547 has a major risk of wildfire. There are 5,851 properties in 87547 that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in 87547.