87701, NM Housing Market
The 87701 housing market is somewhat competitive. The median sale price of a home in 87701 was $208K over the last 3 months, down 9.61% since the same period last year. The median sale price per square foot in 87701 is $121, down 22.2% since last year.
87701 Housing Market Trends
Over the three months ending June 2026, 87701 home prices were down 9.61% compared to the same period last year, selling for a median price of $208K. On average, homes in 87701 sell after 44 days on the market compared to 29 days last year. There were 29 homes sold in June this year, up from 9 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 87701 housing market?
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 12 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 76 days.
- Hot homescan sell for around list price and go pending in around 47 days.
View houses in 87701 that sold recently
Recently sold homes
- Unknown Last Sold Price3 beds2 baths1,500 sq ft10 Acres 260 Cr A111, Las Vegas, NM 87701List Price—Sale to List—Days on Market42 days10 Acres 260 Cr A111, Las Vegas, NM 87701
- Unknown Last Sold Price3 beds2 baths1,206 sq ft609 Dalbey Dr, Las Vegas, NM 87701List Price—Sale to List—Days on Market45 days609 Dalbey Dr, Las Vegas, NM 87701
- Unknown Last Sold Price3 beds1 bath2,334 sq ft1319 4th St, Las Vegas, NM 87701List Price—Sale to List—Days on Market102 days1319 4th St, Las Vegas, NM 87701
- Unknown Last Sold Price4 beds2.5 baths2,163 sq ft250 County Rd A3, Las Vegas, NM 87701List Price—Sale to List—Days on Market326 days250 County Rd A3, Las Vegas, NM 87701
- Unknown Last Sold Price3 beds2 baths1,555 sq ft868 Highland Dr, Las Vegas, NM 87701List Price—Sale to List—Days on Market85 days868 Highland Dr, Las Vegas, NM 87701
- $349,900 Last List Price3 beds1.5 baths2,589 sq ft1117 8th St, Las Vegas, NM 87701List Price—Sale to List—Days on Market47 days1117 8th St, Las Vegas, NM 87701
- Unknown Last Sold Price2 beds2 baths1,059 sq ft1811 New Mexico Ave, Las Vegas, NM 87701List Price—Sale to List—Days on Market39 days1811 New Mexico Ave, Las Vegas, NM 87701
- $240,000 Last List Price3 beds2 baths1,503 sq ft603 Lutheran Ln, Las Vegas, NM 87701List Price—Sale to List—Days on Market55 days603 Lutheran Ln, Las Vegas, NM 87701
See all recently sold homes in 87701.
See listings
Schools in 87701
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Los Ninos Elementary School Public • PreK-3 | 314 Students | 1 reviews |
4/10 Union Elementary School Public • 5 | 90 Students | 1 reviews |
3/10 Tony Serna Jr. Elementary School Public • 4 | 115 Students | 1 reviews |
3/10 Sierra Vista Elementary School Public • 4-6 | 251 Students | 1 reviews |
2/10 Don Cecilio Mtz Elementary School Public • 2-3 | 189 Students | 3 reviews |
Climate's impact on 87701 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 87701.
Flood Factor - Minor
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Fire Factor - Severe
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Wind Factor - Minimal
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Heat Factor - Minor
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