87047 Home Values & Market Trends

There are 15 homes currently listed for 87047. 87047 real estate market trends show that home prices range from $350,000 to $1,550,000, and the median sales price in the 87047 zip code is $435,790.44. The total number of properties sold within the past twelve months is 70. In 87047, 1 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.

Housing Market Summary for 87047

Apr 2023March 2024Change
Median Listing Price$703.5K$385.4K-45.21%
Median Sold Price$482.6K$385.4K-20.13%
Homes For Sale101220.00%
Homes Sold4937-24.49%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 87047

The median list price of a home in Sandia Park, is $435,790.44. A total of 15 properties are for sale, and the percentage of properties for sale in the zip code is 15.00%. The total count of 87047 properties is 2,611.

Foreclosure
There is 1 cities within 87047; within this cities, the median estimated home value for homes in foreclosure ranges from $431,948 in sandia park to the lowest value of $431,948 in sandia park. Foreclosure homes account for 0.00% of properties in 87047 with sandia park containing 1 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.04% of all residential properties in 87047 with sandia park containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 87047; of that cities, the estimated home value for pre-foreclosure homes ranges from $431,948 in sandia park to the lowest home value of $431,948 in sandia park.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 87047 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 87047. There is 1 cities within 87047; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 87047. Auction homes and other auction properties account for 0% of all properties in 87047. There is 1 cities within 87047; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.57% of residential properties in 87047 with sandia park containing 15 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 87047; homes for sale in that cities, have a range of median values from $1,299,000 in sandia park to the lowest value of $348,700 in sandia park.
    Sold Homes
    The median value for recently sold homes ranges from $1,426,915 in sandia park to the lowest price of $84,040 in sandia park. There is 1 cities within 87047. sandia park has 39 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.49% of properties in 87047.

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      Guide for 87047

      Market Reports
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      gavel for real estate auction
      Home Buying Guides & Tips
      New Mexico Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      See More Articles
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      Market Reports|posted 17 April 2024

      This article describes the fluctuating real estate market of Santa Fe and neighboring cities from July 2023 to March 2024, focusing on property values, sale prices, and number of sold homes.

      gavel for real estate auction
      New Mexico Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Recently Listed Homes 87047

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