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

Wed Aug 19 2026
This week the median list price for Los Lunas, NM 87031 is $374,900 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has increased to 177. 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

Wed Aug 19 2026
This week the median list price for Los Lunas, NM 87031 is $374,900 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has increased to 177. 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 $374,900
Median Price of New Listings $316,352
Per Square Foot $209
Average Days on Market 94
Median Days on Market 63
Price Decreased 41%
Price Increased 1%
Relisted 6%
Inventory 177
Median Rent
Market Action 32
Slight Seller's Advantage

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.

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
$515,000 2,519 0.5 - 1 acre 4 2.5 19 2 1 70
$397,950 1,883 6,500 - 8,000 sqft 3 2 3 2 2 84
$349,990 1,649 4,500 - 6,500 sqft 3 2 4 6 2 52
$306,127 1,526 4,500 - 6,500 sqft 3 2 7 12 2 49