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

Mon Jul 27 2026
This week the median list price for Los Lunas, NM 87031 is $382,495 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 164. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Los Lunas, NM 87031

Mon Jul 27 2026
This week the median list price for Los Lunas, NM 87031 is $382,495 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 164. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Los Lunas market.
Median List Price $382,495
Median Price of New Listings $340,995
Per Square Foot $211
Average Days on Market 98
Median Days on Market 70
Price Decreased 49%
Price Increased 2%
Relisted 7%
Inventory 164
Median Rent
Market Action 33
Slight Seller's Advantage

We continue to see prices in this zip code bounce around this 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 2,617 0.5 - 1 acre 4 2.5 20 1 3 63
$400,000 1,904 6,500 - 8,000 sqft 4 2.5 3 2 0 70
$364,900 1,727 4,500 - 6,500 sqft 3 2 3 3 8 70
$312,500 1,515 6,500 - 8,000 sqft 3 2 6 6 4 42