87701, NM Housing Market
The 87701 housing market is not very competitive. The median sale price of a home in 87701 was $254K last month, up 15.8% since last year. The median sale price per square foot in 87701 is $139, up 29.2% since last year.
87701 Housing Market Trends
In October 2024, 87701 home prices were up 15.8% compared to last year, selling for a median price of $254K. On average, homes in 87701 sell after 19 days on the market compared to 51 days last year. There were 14 homes sold in October this year, down from 29 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 Price—beds—baths—sq ftTBD County Road A30, Las Vegas, NM 87701List Price—Sale to List—Days on Market31 daysTBD County Road A30, Las Vegas, NM 87701
- Unknown Last Sold Price—beds—baths—sq ftOff Ridge Runner Rd, Las Vegas, NM 87701List Price—Sale to List—Days on Market43 daysOff Ridge Runner Rd, Las Vegas, NM 87701
- Unknown Last Sold Price2 beds1 bath1,280 sq ft410 Pinon St, Las Vegas, NM 87701List Price—Sale to List—Days on Market67 days410 Pinon St, Las Vegas, NM 87701
- Unknown Last Sold Price4 beds2 baths2,044 sq ft8 Bluebird Trl, Las Vegas, NM 87701List Price—Sale to List—Days on Market168 days8 Bluebird Trl, Las Vegas, NM 87701
- Unknown Last Sold Price2 beds1 bath1,122 sq ft1310 Pecos St, Las Vegas, NM 87701List Price—Sale to List—Days on Market177 days1310 Pecos St, Las Vegas, NM 87701
- Unknown Last Sold Price—beds—baths—sq ft1229 1st St, Las Vegas, NM 87701List Price—Sale to List—Days on Market23 days1229 1st St, Las Vegas, NM 87701
- Unknown Last Sold Price3 beds1 bath1,200 sq ft421 Diego St, Las Vegas, NM 87701List Price—Sale to List—Days on Market47 days421 Diego St, Las Vegas, NM 87701
- Unknown Last Sold Price4 beds2 baths2,200 sq ft1031 Sixth St, Las Vegas, NM 87701List Price—Sale to List—Days on Market41 days1031 Sixth St, Las Vegas, NM 87701
See all recently sold homes in 87701.
See listings
Schools in 87701
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Tony Serna Jr. Elementary School Public • 4 | 75 Students | 1 reviews |
6/10 Sierra Vista Elementary School Public • 4-6 | 254 Students | 1 reviews |
5/10 Mike Sena Elementary School Public • K-6 | 42 Students | 1 reviews |
5/10 Union Elementary School Public • 5 | 97 Students | 1 reviews |
5/10 Valley Elementary School Public • PreK-5 | 71 Students | 2 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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