87940, NM Housing Market

The median sale price of a home in 87940 was $55K over the last 3 months, down 26.9% since the same period last year.

Trends
Demand
Schools
Climate

87940 Housing Market Trends

What is the housing market like in 87940 today?

Over the three months ending May 2019, 87940 home prices were down 26.9% compared to the same period last year, selling for a median price of $55K.

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Sale Price

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Sale $/Sq. Ft.

Over List Price

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Days on Market

122

Down Payment

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Total Homes Sold

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To compare other locations to the 87940 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.

Schools in 87940

Learn about schools in the 87940 area

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GreatSchools Rating

No elementary schools in this region.

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 87940 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 87940.

Provided by First Street Foundation

More real estate resources for 87940

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