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.
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 90 days on the market compared to 47 days last year. There were 22 homes sold in September this year, up from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$300,000
+33.3% YoY | Sep 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Sep 2025
Growth
% YoY
87701, NM
$300,000
+33.3%
United States
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How hot is the 87701 housing market?
87701 is not very competitive. Homes sell in 88 days.
0
100
15
Not Very Competitive
Redfin Compete Score™
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 homes
can sell for about 1% below list price and go pending in around 34 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
92.1%
-3.9 pt YoY | Sep 2025
Based on Redfin calculations of home data from MLS and/or public records.
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 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
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
87701 has a moderate risk of flooding. 845 properties in 87701 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 87701. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
87701 has a severe risk of wildfire. There are 11,358 properties in 87701 that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in 87701.