#1087848, Melinda M Baisa, Listing office: Berkshire Hathaway NM Prop
87107 Housing Market Report June 2025•Bernalillo County, New Mexico
Housing Prices in 87107, NM
How much do homes in 87107, NM cost?
Housing Market Conditions
Is 87107, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
87107 is a Seller's Market
Difference Since June 2024
Since last year, 87107 has remained a Seller's Market.
87107 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 87107 have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in 87107 was $375,000 in June 2025, up 4.2% from last year, and the median price per square foot was $226.
Median Sold Price By Bedrooms
Beds | Jun 2024 | Jun 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $240K | $230.7K | -3.9% |
22 Bedrooms | $262.2K | $265K | +1.0% |
33 Bedrooms | $354K | $384.4K | +8.6% |
44 Bedrooms | $507.8K | $615.6K | +21.2% |
55+ Bedrooms | $805K | $1.6M | +105.0% |
Summary: 87107 housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -3.9%. The home price for 2 bedroom homes increased by +1.0%. The home price for 3 bedroom homes increased by +8.6%. The home price for 4 bedroom homes increased by +21.2%. The home price for 5 bedroom homes increased by +105.0%.
How does 87107, NM compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
87107, NM
Housing supply in 87107, NM
How many homes are available in 87107, NM?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
105Last MonthJun 2025 | ||
1152 months agoMay 2025 | -8.7 % Change MoMMay – Jun |
Summary: The 87107 real estate market had 105 homes for sale in Jun 2025, a 8.7 % decrease compared to May 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
19Last MonthJun 2025 | ||
232 months agoMay 2025 | -17.4 % Change MoMMay – Jun |
Homes For Sale By Bedroom Count
Beds | May 2025 | Jun 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 4 | 3 | -25.0% |
22 Bedrooms | 26 | 27 | +3.8% |
33 Bedrooms | 55 | 52 | -5.5% |
44 Bedrooms | 20 | 14 | -30.0% |
55+ Bedrooms | 10 | 9 | -10.0% |
Summary: 87107 housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -25.0%. The inventory for 2 bedroom homes increased by +3.8%. The inventory for 3 bedroom homes decreased by -5.5%. The inventory for 4 bedroom homes decreased by -30.0%. The inventory for 5 bedroom homes decreased by -10.0%.
Asking Price vs. Sold Price
How much do homes in 87107, NM cost?
Over Asking Price5 Homes
At Asking Price4 Homes
Under Asking Price10 Homes
If you're buying a home in 87107, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 87107 in June 2025, down by 17.4% month-over-month. Of the 19 sold homes, 53% were sold under asking, 21% were sold at asking, and and 26% were sold over asking.
Days on Market for 87107, NM
How long does it take to sell a home in 87107, NM?
Breakdown of Home Sale Times
Under 30 Days13 Homes
30 – 90 Days5 Homes
Over 90 Days1 Home
Many homes in 87107 are selling fast, if you're buying plan to act quickly.
Summary: During June 2025, 19 homes were sold in 87107; 68% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
27 DaysThis YearJun 2025 | ||
29 Days1 year agoJun 2024 | -6.8 % Change YoYJun 2024 – Jun 2025 |
Summary: Homes in 87107 had an average listing age of 27 days in Jun 2025, down by 6.8% compared to the previous year.
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Newest Listings in 87107, NM
What homes are available in 87107, NM?
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MLS Disclaimers and Copyright
Based on information from Southwest Multiple Listing Service, and Santa Fe MLS for the period 07/01/2023 - 07/01/2025

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: 7/16/2025, 2:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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: 7/16/2025, 2:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.