The 87547 housing market is very competitive. The median sale price of a home in 87547 was $674K last month, up 11.7% since last year. The median sale price per square foot in 87547 is $301, up 1.0% since last year.
In October 2024, 87547 home prices were up 11.7% compared to last year, selling for a median price of $674K. On average, homes in 87547 sell after 13 days on the market compared to 9 days last year. There were 35 homes sold in October this year, up from 28 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$674,000
+11.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
87547, NM
$674,000
+11.7%
United States
To compare other locations to the 87547 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.
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How hot is the 87547 housing market?
87547 is very competitive. Homes sell in 20 days.
0
100
85
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 20 days.
Hot homes
can sell for about 4% above list price and go pending in around 7 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
87547, NM
102.8%
-1.3 pt
United States
Schools in 87547
Learn about schools in the 87547 area
Elementary
Middle
High
GreatSchools Rating
9/10
Pinon Elementary School
Public • PreK-6
296
Students
5 reviews
8/10
Chamisa Elementary School
Public • K-6
243
Students
3 reviews
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 5,852 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.