87012 Housing Market Report February 2025•Rio Arriba County, New Mexico

hero building illustration for mobile

Housing Prices in 87012, NM

How much do homes in 87012, NM cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$1,095,000$322/SqFt
+$415,000
+61.0%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 87012 has increased by 61% since last year.

Summary: The median home list price in 87012 was $1,095,000 in February 2025, up 61% from the previous year, and the median price per square foot was $322.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2$680K$410K
-39.7%
3-$1.2M
N/A
4$1.0M$2.9M
+166.9%
5--
N/A

Summary: 87012 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -39.7%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by +166.9%. The home price for 5 bedroom homes did not change.

How does 87012, NM compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

87012, NM

Housing supply in 87012, NM

How many homes are available in 87012, NM?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1Last MonthFeb 2025
22 months agoJan 2025
-50.0 %
Change MoMJan – Feb

Summary: The 87012 real estate market had 1 homes for sale in Feb 2025, a 50.0 % decrease compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
200
0.0%
311
0.0%
410
-100.0%
500
0.0%

Summary: 87012 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -100.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for 87012, NM

How long does it take to sell a home in 87012, NM?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
281 DaysThis YearFeb 2025
483 Days1 year agoFeb 2024
-41.8 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 87012 had an average listing age of 281 days in Feb 2025, down by 41.8% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in 87012, NM

What homes are available in 87012, NM?

See More Listings

Nearby markets

Nearby markets aren't available for 87012, NM

Popular Cities with Homes for Sale in New Mexico

MLS Disclaimers and Copyright

Based on information from Santa Fe MLS, for the period 03/01/2023 - 03/01/2025

IDXThe data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2025 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 8:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.