87701, NM Housing Market
The 87701 housing market is not very competitive. The median sale price of a home in 87701 was $238K last month, up 3.3% since last year. The median sale price per square foot in 87701 is $155, up 92.0% since last year.
87701 Housing Market Trends
In July 2025, 87701 home prices were up 3.3% compared to last year, selling for a median price of $238K. On average, homes in 87701 sell after 44 days on the market compared to 62 days last year. There were 18 homes sold in July this year, down from 23 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 4% below list price and go pending in around 76 days.
- Hot homescan sell for around list price and go pending in around 19 days.
View houses in 87701 that sold recently
Recently sold homes
- Unknown Last Sold Price2 beds2 baths1,138 sq ft1044 Fourth St, Las Vegas, NM 87701List Price—Sale to List—Days on Market103 days1044 Fourth St, Las Vegas, NM 87701
- Unknown Last Sold Price4 beds2 baths2,676 sq ft1016 5th St, Las Vegas, NM 87701List Price—Sale to List—Days on Market162 days1016 5th St, Las Vegas, NM 87701
- Unknown Last Sold Price—beds—baths—sq ftStorrie Avenue Ave, Las Vegas, NM 87701List Price—Sale to List—Days on Market27 daysStorrie Avenue Ave, Las Vegas, NM 87701
- Unknown Last Sold Price7 beds2 baths2,350 sq ft1102 Lincoln Ave, Las Vegas, NM 87701List Price—Sale to List—Days on Market144 days1102 Lincoln Ave, Las Vegas, NM 87701
- Unknown Last Sold Price4 beds4 baths2,801 sq ft478 Christine Dr, Las Vegas, NM 87701List Price—Sale to List—Days on Market54 days478 Christine Dr, Las Vegas, NM 87701
- Unknown Last Sold Price3 beds2.5 baths2,332 sq ft806 Friedman Ave, Las Vegas, NM 87701List Price—Sale to List—Days on Market30 days806 Friedman Ave, Las Vegas, NM 87701
- Unknown Last Sold Price2 beds2 baths1,650 sq ft1909 Hot Blvd, Las Vegas, NM 87701List Price—Sale to List—Days on Market341 days1909 Hot Blvd, Las Vegas, NM 87701
- Unknown Last Sold Price1 bed1 bath697 sq ft719 6th St, Las Vegas, NM 87701List Price—Sale to List—Days on Market62 days719 6th St, 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

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