#1076539, Tonia Falls, Listing Office: Realty One of New Mexico
87825 Housing Market Report December 2024•Socorro County, New Mexico
Housing Prices in 87825, NM
How much do homes in 87825, NM cost?
Median List Price
$200,000$137/SqFt
+$42,500
+27.0%
Based on all homes listed in the last 12 months
Insight
The list price of homes in 87825 has increased by 27% since last year.
Summary: The median home list price in 87825 was $200,000 in December 2024, up 27% from the previous year, and the median price per square foot was $137.
Median List Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 87825 | $157.5K | $200K | +27.0% |
| 87821 | $230K | $210K | -8.7% |
Median List Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $122.5K | $180K | +46.9% |
| 22 Bedrooms | $220K | $220K | 0.0% |
| 33 Bedrooms | $100K | $174.7K | +74.8% |
| 44 Bedrooms | $172.5K | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: 87825 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +46.9%. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +74.8%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in 87825, NM
How many homes are available in 87825, NM?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthDec 2024 | ||
| 62 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Summary: The 87825 real estate market had 6 homes for sale in Dec 2024, the same as Nov 2024
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 4 | 4 | 0.0% |
| 33 Bedrooms | 2 | 2 | 0.0% |
| 44 Bedrooms | 0 | 0 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: 87825 housing inventory by bedroom type for December 2024, 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.
Asking Price vs. Sold Price
How much do homes in 87825, NM cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in 87825, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 87825 in December 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for 87825, NM
How long does it take to sell a home in 87825, NM?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in 87825 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 1 homes were sold in 87825; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 309 DaysThis YearDec 2024 | ||
| 147 Days1 year agoDec 2023 | +110.2 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in 87825 had an average listing age of 309 days in Dec 2024, up by 110.2% compared to the previous year.
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Newest Listings in 87825, NM
What homes are available in 87825, NM?
#1072570, Anna T Carabajal, Listing Office: Realty One of New Mexico
$3,557 Closing Credit¹
#1071806, Alex Baca, Listing Office: Realty Pros NM
#1055672, Karolyn M Chavez, Listing Office: Realty One of New Mexico
$2,672 Closing Credit¹
#1059145, Karolyn M Chavez, Listing Office: Realty One of New Mexico
$594 Closing Credit¹
#1032536, Karolyn M Chavez, Listing Office: Realty One of New Mexico
$4,453 Closing Credit¹
#1058806, Karolyn M Chavez, Listing Office: Realty One of New Mexico
Nearby markets
Nearby markets aren't available for 87825, NM
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MLS Disclaimers and Copyright
Based on information from Southwest Multiple Listing Service, for the period 01/01/2023 - 01/01/2025
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: 1/30/2025, 7:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.