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ZIP 87031 in Los Lunas, NM: housing market trends

The median home sale price in ZIP 87031 in Los Lunas, NM was $348,967 for the three-month period ending September 2026. Sale prices were 2.0% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$348,967
three-month period ending September 2026
Median sale price per sq ft
$198.39
three-month period ending September 2026
Active listings
344
three-month period ending September 2026
Typical monthly rent
$2,071
Rent index · August 2026

How is housing inventory changing?

There were 344 active listings for the three-month period ending September 2026. Active listings were 0.9% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 72 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 87031 in Los Lunas, NM
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$348,967$198.39127
Single-familySeptember 2026$348,982$198.08126
TownhousesSeptember 2026$246,000$215.781 · small sample
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026$599,000$324.491 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 87031 in Los Lunas, NM
MarketMedian sale priceReporting period / source
Peralta, NM$457,2823 months ending September 2026 · Redfin
Los Lunas, NM$365,0563 months ending September 2026 · Redfin
Belen, NM$256,8783 months ending September 2026 · Redfin
Bosque Farms, NM$379,8193 months ending September 2026 · Redfin
Rio Communities, NM$277,3683 months ending September 2026 · Redfin
Veguita, NM$200,0003 months ending June 2023 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 87031 in Los Lunas, NM
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$348,967$198.39344
August 2026$340,000$197.39354
July 2026$341,660$197.84355
June 2026$335,000$198.13385
May 2026$335,000$198.29385
April 2026$325,000$195.99374
March 2026$325,000$194.62337
February 2026$320,500$195.55308
January 2026$320,000$197.26303
December 2025$325,000$202.29312
November 2025$325,000$204.84314
October 2025$337,000$201.07327
September 2025$342,250$202.08341
August 2025$342,745$199.82356
July 2025$339,995$204.63352
June 2025$337,900$203.23323
May 2025$340,000$201.85331
April 2025$337,450$195.68320
March 2025$333,000$199.44317
February 2025$319,900$200.91290
January 2025$315,950$203.33296
December 2024$328,145$197.27285
November 2024$329,995$194.17307
October 2024$336,205$194.73313

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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