#202500311, Mariella Avalos, Listing Office: United Country N New Mexico RE
87551 Housing Market Report January 2025•Rio Arriba County, New Mexico
Housing Prices in 87551, NM
How much do homes in 87551, NM cost?
Median List Price
$324,900$225/SqFt
+$125,000
+62.5%
Based on all homes listed in the last 12 months
Insight
The list price of homes in 87551 has increased by 62.5% since last year.
Summary: The median home list price in 87551 was $324,900 in January 2025, up 62.5% from the previous year, and the median price per square foot was $225.
Median List Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 87551 | $199.9K | $324.9K | +62.5% |
| 87520 | $219.9K | $349.9K | +59.1% |
Median List Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $127.4K | $105K | -17.6% |
| 22 Bedrooms | $199.9K | $324.9K | +62.5% |
| 33 Bedrooms | $284.5K | $427K | +50.1% |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: 87551 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -17.6%. The home price for 2 bedroom homes increased by +62.5%. The home price for 3 bedroom homes increased by +50.1%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in 87551, NM
How many homes are available in 87551, NM?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthJan 2025 | ||
| 22 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Summary: The 87551 real estate market had 2 homes for sale in Jan 2025, the same as Dec 2024
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 1 | 1 | 0.0% |
| 44 Bedrooms | 0 | 0 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: 87551 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 remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Days on Market for 87551, NM
How long does it take to sell a home in 87551, NM?
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 375 DaysThis YearJan 2025 | ||
| 309 Days1 year agoJan 2024 | +21.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 87551 had an average listing age of 375 days in Jan 2025, up by 21.4% compared to the previous year.
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Newest Listings in 87551, NM
What homes are available in 87551, NM?
$10,000 Closing Credit¹
#818523, Justin Osborn, Listing Office: The Wells Group of Durango, LLC
#818427, Justin Osborn, Listing Office: The Wells Group of Durango, LLC
#202341150, Kimberly H. Hise, Michele Marino, Listing Office: Realty One of Chama
#202402196, Michele A. Marino, Kimberly Hise, Listing Office: Realty One of Chama
$1,603 Closing Credit¹
#202338041, Michele A. Marino, Kimberly Hise, Listing Office: Realty One of Chama
Nearby markets
Nearby markets aren't available for 87551, NM
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MLS Disclaimers and Copyright
Based on information from Santa Fe MLS, and Colorado Real Estate Network Inc. for the period 02/01/2023 - 02/01/2025
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, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice. TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing 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. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
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Fair Housing Disclaimer
PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.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, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.