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

Tue Jul 01 2025
This week the median list price for Los Lunas, NM 87031 is $394,900 with the market action index hovering around 35. This is less than last month's market action index of 38. Inventory has held steady at or around 134. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Los Lunas, NM 87031

Tue Jul 01 2025
This week the median list price for Los Lunas, NM 87031 is $394,900 with the market action index hovering around 35. This is less than last month's market action index of 38. Inventory has held steady at or around 134. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Los Lunas market.
Median List Price $394,900
Median Price of New Listings $469,900
Per Square Foot $211
Average Days on Market 115
Median Days on Market 70
Price Decreased 36%
Price Increased 16%
Relisted 10%
Inventory 134
Median Rent
Market Action 35
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
$594,450 2,674 1 - 2.5 acres 4 2.5 13 3 0 84
$425,000 2,164 8,000 - 10,000 sqft 3 2.5 4 1 3 84
$356,400 1,579 4,500 - 6,500 sqft 3 2 1 1 5 70
$299,999 1,455 6,500 - 8,000 sqft 3 2 20 2 8 49