87701, NM Housing Market
The 87701 housing market is not very competitive. The median sale price of a home in 87701 was $300K last month, up 33.3% since last year. The median sale price per square foot in 87701 is $197, up 41.2% since last year.
87701 Housing Market Trends
In September 2025, 87701 home prices were up 33.3% compared to last year, selling for a median price of $300K. On average, homes in 87701 sell after 91 days on the market compared to 47 days last year. There were 22 homes sold in September this year, up from 15 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
- Multiple offers are rare.
- The average homes sell for about 6% below list price and go pending in around 88 days.
- Hot homescan sell for around list price and go pending in around 34 days.
View houses in 87701 that sold recently
Recently sold homes
- Unknown Last Sold Price2 beds1 bath1,390 sq ft1007 Union St, Las Vegas, NM 87701List Price—Sale to List—Days on Market225 days1007 Union St, Las Vegas, NM 87701
- Unknown Last Sold Price4 beds1.5 baths2,016 sq ft1033 Railroad Ave, Las Vegas, NM 87701List Price—Sale to List—Days on Market154 days1033 Railroad Ave, Las Vegas, NM 87701
- Unknown Last Sold Price2 beds2 baths983 sq ft1210 San Francisco St, Las Vegas, NM 87701List Price—Sale to List—Days on Market175 days1210 San Francisco St, Las Vegas, NM 87701
- Unknown Last Sold Price3 beds2 baths1,700 sq ft90 Sheridan Rd, Las Vegas, NM 87701List Price—Sale to List—Days on Market39 days90 Sheridan Rd, Las Vegas, NM 87701
- Unknown Last Sold Price3 beds1 bath1,184 sq ft619 El Creston Cir, Las Vegas, NM 87701List Price—Sale to List—Days on Market41 days619 El Creston Cir, Las Vegas, NM 87701
- Unknown Last Sold Price7 beds6 baths4,683 sq ft1301/1303/1305 Chavez St, Las Vegas, NM 87701List Price—Sale to List—Days on Market90 days1301/1303/1305 Chavez St, Las Vegas, NM 87701
- Unknown Last Sold Price2 beds2 baths1,479 sq ft2002 Church St, Las Vegas, NM 87701List Price—Sale to List—Days on Market48 days2002 Church St, Las Vegas, NM 87701
- Unknown Last Sold Price3 beds2 baths1,400 sq ft2204 Moreland Dr, Las Vegas, NM 87701List Price—Sale to List—Days on Market26 days2204 Moreland Dr, 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 | 339 Students | 1 reviews |
4/10 Union Elementary School Public • 5 | 111 Students | 1 reviews |
3/10 Tony Serna Jr. Elementary School Public • 4 | 109 Students | 1 reviews |
3/10 Sierra Vista Elementary School Public • 4-6 | 253 Students | 1 reviews |
2/10 Don Cecilio Mtz Elementary School Public • 2-3 | 190 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 - Moderate
Flood Factor

Fire Factor - Severe
Fire Factor

Wind Factor - Minimal
Wind Factor

Heat Factor - Minor
Heat Factor

More real estate resources for 87701
New Listings in 87701
Nearby Zip Code Housing Markets
County Housing Markets
City Housing Markets
Nearby Zip Code Listings
City Listings
About us
Find us
Subsidiaries
Affiliated Business
Copyright: © 2025 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.
Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.