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 Apr 16 2026
This week the median list price for Los Lunas, NM 87031 is $384,245 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 122. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Los Lunas, NM 87031

Thu Apr 16 2026
This week the median list price for Los Lunas, NM 87031 is $384,245 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 122. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Los Lunas market.
Median List Price $384,245
Median Price of New Listings $334,945
Per Square Foot $208
Average Days on Market 129
Median Days on Market 77
Price Decreased 47%
Price Increased 5%
Relisted 4%
Inventory 122
Median Rent
Market Action 33
Slight Seller's Advantage

We continue to see prices in this zip code hover around their high point. Look for a persistent 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 2,430 0.25 - 0.5 acre 3 2.5 16 0 1 133
$419,997 2,089 6,500 - 8,000 sqft 3 2.5 4 2 0 91
$350,000 1,700 4,500 - 6,500 sqft 3 2 4 1 1 49
$312,352 1,519 6,500 - 8,000 sqft 3 2 19 3 5 59