$1,958 Closing Credit¹
#1078911, Sandylee A Pasquale, Listing Office: Pasquale Realty
87740 Housing Market Report February 2025•Colfax County, New Mexico
Housing Prices in 87740, NM
How much do homes in 87740, NM cost?
Median List Price
$625,000$230/SqFt
-$449,000
-41.8%
Based on all homes listed in February 2025
Insight
The list price of homes in 87740 has decreased by 41.8% since January.
Summary: The median home list price in 87740 was $625,000 in February 2025, down 41.8% from the previous month, and the median price per square foot was $230.
Median List Price By Bedrooms
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | $1.0M | $1.0M | 0.0% |
| 44 Bedrooms | - | $176K | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: 87740 housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
How does 87740, NM compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
87740, NM
Housing supply in 87740, NM
How many homes are available in 87740, NM?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthFeb 2025 | ||
| 12 months agoJan 2025 | +100.0 % Change MoMJan – Feb |
Summary: The 87740 real estate market had 2 homes for sale in Feb 2025, a 100.0 % increase compared to Jan 2025.
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 1 | 1 | 0.0% |
| 44 Bedrooms | 0 | 1 | +100.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: 87740 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 increased by +100.0%. The inventory for 5 bedroom homes remained the same.
Days on Market for 87740, NM
How long does it take to sell a home in 87740, NM?
Average Listing Age
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 251 DaysLast MonthFeb 2025 | ||
| 469 Days1 month agoJan 2025 | -46.4 % Change MoMJan – Feb |
Summary: Homes in 87740 had an average listing age of 251 days in Feb 2025, down by 46.4% compared to the previous month.
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 87740, NM
What homes are available in 87740, NM?
$10,000 Closing Credit¹
#218510, Bill Louthan, Listing Office: Code of the West Real Estate LLC
Nearby markets
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, and Pueblo Association of REALTORS Inc. MLS for the period 01/01/2025 - 03/01/2025
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: 3/15/2025, 11:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright Pueblo Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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, 11:16:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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, 11:16:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.