New - 17 hours on Rocket3D tour
$7,719 Closing Credit¹
#1077739, Nicole L Ackerman, Listing Office: La Puerta Real Estate Serv LLC
87043 Housing Market Report January 2025•Sandoval County, New Mexico
Housing Prices in 87043, NM
How much do homes in 87043, NM cost?
Housing Market Conditions
Is 87043, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
87043 is a Buyer's Market
Difference Since January 2024
At the same time last year, 87043 was a Neutral Market.
Insight
87043 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$650,000$268/SqFt
-$28,650
-4.2%
Based on all homes sold in the last 12 months
Insight
Homes in 87043 have sold for 4.2% less than they did a year ago.
Summary: The median home sold price in 87043 was $650,000 in January 2025, down 4.2% from last year, and the median price per square foot was $268.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $226K | $319K | +41.2% |
| 22 Bedrooms | $480K | $494.5K | +3.0% |
| 33 Bedrooms | $686K | $675K | -1.6% |
| 44 Bedrooms | $780K | $750K | -3.8% |
| 55+ Bedrooms | $1.8M | $940.5K | -50.4% |
Summary: 87043 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +41.2%. The home price for 2 bedroom homes increased by +3.0%. The home price for 3 bedroom homes decreased by -1.6%. The home price for 4 bedroom homes decreased by -3.8%. The home price for 5 bedroom homes decreased by -50.4%.
Housing supply in 87043, NM
How many homes are available in 87043, NM?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 50Last MonthJan 2025 | ||
| 482 months agoDec 2024 | +4.2 % Change MoMDec – Jan |
Summary: The 87043 real estate market had 50 homes for sale in Jan 2025, a 4.2 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 7Last MonthJan 2025 | ||
| 62 months agoDec 2024 | +16.7 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 1 | +100.0% |
| 33 Bedrooms | 39 | 37 | -5.1% |
| 44 Bedrooms | 7 | 10 | +42.9% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: 87043 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -5.1%. The inventory for 4 bedroom homes increased by +42.9%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 87043, NM cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price5 Homes
Insight
If you're buying a home in 87043, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 87043 in January 2025, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and and 0% were sold over asking.
Days on Market for 87043, NM
How long does it take to sell a home in 87043, NM?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days4 Homes
Insight
Most homes in 87043 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 7 homes were sold in 87043; 14% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 100 DaysThis YearJan 2025 | ||
| 69 Days1 year agoJan 2024 | +45.7 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 87043 had an average listing age of 100 days in Jan 2025, up by 45.7% compared to the previous year.
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Newest Listings in 87043, NM
What homes are available in 87043, NM?
New - 3 days on Rocket
$8,657 Closing Credit¹
#1077576, Dana Slade, Listing Office: Keller Williams Realty
New - 7 days on Rocket
#1077318, David Harper, Listing Office: Placitas Realty Inc.
$10,000 Closing Credit¹
#1077262, The Southwest Life ReGroup, Listing Office: EXP Realty LLC
#1076140, Loria A Hamilton-Field, Listing Office: USRealty.com, LLP
3D tour
$8,313 Closing Credit¹
#1077147, Joanna Rene Kessel, Listing Office: Coldwell Banker Legacy
$9,500 Closing Credit¹
#1076997, Cheryl Marlow, Listing Office: Keller Williams Realty
$7,719 Closing Credit¹
#1076919, Cheryl Marlow, Listing Office: Keller Williams Realty
$7,066 Closing Credit¹
#1073129, David Harper, Listing Office: Placitas Realty Inc.
3D tour
$10,000 Closing Credit¹
#1076633, Lauren Victoria Lovato, Listing Office: MORE Realty, Inc
$6,353 Closing Credit¹
#1076495, David Harper, Listing Office: Placitas Realty Inc.
#1076231, Nicole L Ackerman, Listing Office: La Puerta Real Estate Serv LLC
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MLS Disclaimers and Copyright
Based on information from Southwest Multiple Listing Service, and Santa Fe MLS for the period 02/01/2023 - 02/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Southwest Multiple Listing Service. 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: 2/7/2025, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The 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: 2/7/2025, 1:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.