Real-Time Real Estate Market Report

Los Lunas, NM 87031

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Los Lunas, NM 87031

Thu Feb 06 2025
This week the median list price for Los Lunas, NM 87031 is $374,900 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has decreased to 145. Click here to stay informed with the Los Lunas market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Los Lunas, NM 87031

Thu Feb 06 2025
This week the median list price for Los Lunas, NM 87031 is $374,900 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has decreased to 145. Click here to stay informed with the Los Lunas market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Los Lunas market.
Median List Price $374,900
Median Price of New Listings $337,000
Per Square Foot $213
Average Days on Market 108
Median Days on Market 77
Price Decreased 43%
Price Increased 23%
Relisted 4%
Inventory 145
Median Rent
Market Action 30
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$525,000 2,535 1 - 2.5 acres 3 3 19 2 5 112
$411,722 1,902 4,500 - 6,500 sqft 4 2 1 0 3 84
$359,900 1,670 4,500 - 6,500 sqft 3 2 1 2 4 63
$309,999 1,461 6,500 - 8,000 sqft 3 2 7 6 5 70