Multi-family homes for sale in 87031, NM

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87031, NM Real Estate Market Overview

Between January 2025 and February 2025, 87031, NM real estate market has seen decrease in the number of listings by 3.3%. The median list price of listings available in February 2025 was $319,251, while the average time on the real estate market was 45 days. In February 2025, from all listings sold in 87031, NM there were more than 4 sold above asking price, over 22 sold below and more than 6 were sold right at the asked price.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in 87031, NM

Schools near 87031, NM

Elementary Schools

  • Peralta Elementary School

    3645 Hwy 47

    Public District PK-6

  • Desert View Elementary School

    49 Camino La Canada

    Public District PK-6

  • Los Lunas Elementary School

    800 Coronado Rd

    Public District PK-6

Middle Schools

  • The Family School

    4 Eastside School Rd

    Public District 1-8

  • Central Elementary School

    600 W Picard Ave

    Public District 4-6

  • Valencia Middle School

    22 Marlink

    Public District 7-8

High Schools

  • Belen High School

    1619 W Delgado Ave

    Public District 9-12

  • Century Alternative High School

    32 Sun Valley Rd

    Public District 9-12

  • Belen Infinity High School

    221 S 4th St

    Public District 9-12

Data provided by Great Schools

Housing market reports in Valencia County

Homes for sale near 87031, NM

Top real estate cities in New Mexico

*Based on Rocket Mortgage data in comparison to public data records.

1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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