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 May 29 2025
This week the median list price for Los Lunas, NM 87031 is $381,900 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has held steady at or around 129. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Los Lunas, NM 87031

Thu May 29 2025
This week the median list price for Los Lunas, NM 87031 is $381,900 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has held steady at or around 129. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Los Lunas market.
Median List Price $381,900
Median Price of New Listings $364,947
Per Square Foot $211
Average Days on Market 112
Median Days on Market 63
Price Decreased 36%
Price Increased 14%
Relisted 8%
Inventory 129
Median Rent
Market Action 38
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
$575,000 2,608 1 - 2.5 acres 4 2.5 12 2 2 77
$420,400 2,055 6,500 - 8,000 sqft 3 2 2 1 1 171
$359,900 1,606 4,500 - 6,500 sqft 3 2 2 5 4 45
$298,999 1,526 4,500 - 6,500 sqft 3 2 19 4 3 42