2 days on Rocket
#1088232, Jennifer L Brewer, Listing office: Simply Real Estate
87106 Housing Market Report June 2025•Bernalillo County, New Mexico
Housing Prices in 87106, NM
How much do homes in 87106, NM cost?
Housing Market Conditions
Is 87106, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
87106 is a Buyer's Market
Difference Since June 2024
Since last year, 87106 has remained a Buyer's Market.
Insight
87106 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$392,000$241/SqFt
+$22,000
+5.9%
Based on all homes sold in the last 12 months
Insight
Homes in 87106 have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in 87106 was $392,000 in June 2025, up 5.9% from last year, and the median price per square foot was $241.
Median Sold Price By Bedrooms
| Beds | Jun 2024 | Jun 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $267.5K | $258.8K | -3.3% |
| 22 Bedrooms | $337K | $352.5K | +4.6% |
| 33 Bedrooms | $394.8K | $380K | -3.8% |
| 44 Bedrooms | $500K | $544.3K | +8.9% |
| 55+ Bedrooms | $428K | $470K | +9.8% |
Summary: 87106 housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -3.3%. The home price for 2 bedroom homes increased by +4.6%. The home price for 3 bedroom homes decreased by -3.8%. The home price for 4 bedroom homes increased by +8.9%. The home price for 5 bedroom homes increased by +9.8%.
How does 87106, NM compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
87106, NM
Housing supply in 87106, NM
How many homes are available in 87106, NM?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 116Last MonthJun 2025 | ||
| 1242 months agoMay 2025 | -6.5 % Change MoMMay – Jun |
Summary: The 87106 real estate market had 116 homes for sale in Jun 2025, a 6.5 % decrease compared to May 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 15Last MonthJun 2025 | ||
| 222 months agoMay 2025 | -31.8 % Change MoMMay – Jun |
Homes For Sale By Bedroom Count
| Beds | May 2025 | Jun 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 17 | 13 | -23.5% |
| 22 Bedrooms | 33 | 28 | -15.2% |
| 33 Bedrooms | 41 | 46 | +12.2% |
| 44 Bedrooms | 27 | 24 | -11.1% |
| 55+ Bedrooms | 6 | 5 | -16.7% |
Summary: 87106 housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -23.5%. The inventory for 2 bedroom homes decreased by -15.2%. The inventory for 3 bedroom homes increased by +12.2%. The inventory for 4 bedroom homes decreased by -11.1%. The inventory for 5 bedroom homes decreased by -16.7%.
Asking Price vs. Sold Price
How much do homes in 87106, NM cost?
Over Asking Price2 Homes
At Asking Price4 Homes
Under Asking Price9 Homes
Insight
If you're buying a home in 87106, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 87106 in June 2025, down by 31.8% month-over-month. Of the 15 sold homes, 60% were sold under asking, 27% were sold at asking, and and 13% were sold over asking.
Days on Market for 87106, NM
How long does it take to sell a home in 87106, NM?
Breakdown of Home Sale Times
Under 30 Days9 Homes
30 – 90 Days5 Homes
Over 90 Days1 Home
Insight
Many homes in 87106 are selling fast, if you're buying plan to act quickly.
Summary: During June 2025, 15 homes were sold in 87106; 60% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 31 DaysThis YearJun 2025 | ||
| 28 Days1 year agoJun 2024 | +12.6 % Change YoYJun 2024 – Jun 2025 |
Summary: Homes in 87106 had an average listing age of 31 days in Jun 2025, up by 12.6% 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 87106, NM
What homes are available in 87106, NM?
Popular Cities with Homes for Sale in New Mexico
- Homes for sale in Albuquerque, NM
- Homes for sale in Anthony, NM
- Homes for sale in Belen, NM
- Homes for sale in Bernalillo, NM
- Homes for sale in Cerrillos, NM
- Homes for sale in Corrales, NM
- Homes for sale in Edgewood, NM
- Homes for sale in Espanola, NM
- Homes for sale in Los Lunas, NM
- Homes for sale in Moriarty, NM
- Homes for sale in Placitas, NM
- Homes for sale in Rio Rancho, NM
- Homes for sale in Sandia Park, NM
- Homes for sale in Santa Fe, NM
- Homes for sale in Tijeras, NM
MLS Disclaimers and Copyright
Based on information from Southwest Multiple Listing Service, for the period 07/01/2023 - 07/01/2025
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: 7/24/2025, 1:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.