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New Mexico Real Estate and Property Listings for Sale

Real Estate For Sale In
87505

Explore 260 properties in 87505 with ez Home Search, and get listing alerts updated every minute. Discover your dream property in 87505 with ez Home Search, and get listing alerts updated every minute to never miss out when it becomes available. Personalize your search through the 260 listings available right now, featuring houses, condos, and more, each with detailed descriptions, high-resolution photos, and interactive 3D tours. Whether you're buying or investing, our tools, including property value estimates and mortgage calculators, help you make smart decisions. Create a free account for instant updates on new listings tailored to your preferences. Or, explore all real estate and properties for sale in NM.
260 Available Listings

Browse our selection of 260 properties for sale in 87505. Our curated catalog features the latest listings, and our website provides you with all the resources you need to make an informed purchase decision. You will find high-quality property photos, detailed listing descriptions, 3D tours, maps, and relevant community information.

As you delve into the detailed listings, you can save your favorite properties for sale in 87505, review their latest estimated valuation, and use our mortgage calculator to project monthly mortgage payments, taxes, fees, and insurance. Have a question about a property or the area? Simply ask a question, and our vetted local partner will get back to you.

For personalized financing options and info, complete our contact form to speak with a lender about your financing options, get pre-qualified for a mortgage, or get more information about what is possible.

But why stop at virtual browsing? Schedule an in-person or video-chat tour with a local agent to see your potential new property in 87505 firsthand. Contact a professional real estate agent for further details, inquire about a property's availability, or express your interest in making an offer.

Properties For Sale in 87505: Market Trends

In 87505, the real estate market currently features 128 properties for sale. Additionally, 0 properties are under contract and poised to close soon. On average, properties in 87505 typically spend about 82 days on the market before being sold.

The real estate market in 87505 presents a wide array of pricing options, ranging from the most budget-friendly property for sale in 87505 priced at $221,940 to the highest-valued residence listed for $8,969,000. This variety caters to buyers with different financial situations and preferences, ensuring everyone can find a property that meets their needs.

87505 Market Snapshot
Active Listings 260
Pending Sales 0
Days on the Market 82
Last year's property sales 421
Months of supply 0.14

Real Estate For Sale in 87505: Summary/Overview

Find your dream property in the heart of 87505. ez Home Search updates listings every minute to give you a wide array of properties across Santa Fe County, spanning 6 distinct zip codes.

Prospective buyers in the 87505 real estate market have various options to suit their various preferences, from construction date and square footage to lot size, design, and the number of stories. Properties in 87505 vary widely in construction date, ranging from as early as 1893 to as recent as 2026, with the majority constructed in 1995. Property sizes also vary considerably, from compact units starting at 584 Sq Ft to spacious estates reaching up to 8,819 Sq Ft.

Lot sizes in 87505 cater to a broad spectrum of preferences, from manageable plots of 0.009999999776482582 acres that are perfect for those seeking a low-maintenance lifestyle to large estates spanning up to 24.812799949646042 acres, ideal for extensive outdoor activities and ambitious landscaping projects.

The architectural styles and structural designs in 87505 are equally varied, with Pueblo being the predominant style across 134 listings. In terms of structure, most properties are 2.0 story properties featured in 260 properties for sale.

For those considering the financial aspects of homeownership, the range of Homeowners' Association (HOA) fees in 87505 varies from $43.1 to $5,115.509999999998, with 111 properties exempt from these fees. This comprehensive range ensures that prospective buyers like yourself can find a property for sale that fits their lifestyle and budget in 87505.

Properties in Nearby Zip Codes

Frequently Asked Questions

How many properties are for sale in 87505?

There are 260 properties for sale in 87505. More active properties usually means better selection and a little more time to compare before you offer.

What is the median list price of properties in 87505?

The median list price is $699,000. Median is a clearer "typical" price than average because extreme outliers—like a few luxury estates at the top or a few short sales/fixers at steep discounts—don't pull it up or down as much.

What is the average list price of properties in 87505?

The average list price is $1,124,113. Compare average vs. median to read the market's "tilt": when average is higher than median, upper-end properties are likely lifting the market; when average is lower than median, more lower-priced or discounted properties may be in the mix. A big gap in either direction usually means the current inventory is skewed.

What is the median price per square foot for properties in 87505?

Properties list at a median $417 per sq ft in 87505. Price-per-foot helps you compare value across neighborhoods and renovations; newer or recently updated properties often sit above the median.

How long do properties typically stay on the market in 87505?

The median days on market (DOM) is 55 days. Shorter DOM signals stronger demand—expect quicker tours and faster decisions when DOM is low; longer DOM often means you can compare more and negotiate.

What is the housing months of supply for properties in 87505?

Months of supply (MOS) is 5.4. MOS estimates how long it would take to sell all current listings at the recent sales pace if no new properties were listed. As a rule of thumb, 3–6 MOS is balanced; below 3 tends to favor sellers (move fast, expect competition), while above 6 can give buyers more leverage and time.

How many properties sold in the last 12 months in 87505?

421 properties sold over the last 12 months. Viewed together with MOS, this gives you a clear read on demand versus supply and helps your ez Home Search partner agent guide you to the best options and strategy.

How many new property listings came on the market in the last 7 and 30 days in 87505?

6 new listings in the past 7 days and 41 in the past 30 days. Frequent new listings mean fresh choices appear often; slower weeks suggest acting quickly when the right property appears.

How many property listings had a price reduction in the last 30 days in 87505?

44 listings reduced price in the last 30 days. Price cuts can signal sellers aligning to demand—use them to spot improving values or timing for offers.

Is it more or less expensive to live in 87505 compared with the U.S. average?

Living in 87505 indexes at 255 versus a U.S. baseline of 100 = 100. Above 100 means higher-than-average costs; below 100 means lower—handy context for your monthly budget.

What is the median property size for properties for sale in 87505?

The median interior size is 1,786 sq ft. This tells you the "typical" amount of living space you'll see at common price points, which helps you set expectations for rooms and layout before touring.

What is the median lot size for properties for sale in 87505?

The median lot size is 0.19 acres. Closer-in neighborhoods usually have smaller lots; farther out you'll often find more land—compare lot size alongside price-per-foot to balance yard space and interior space.

How many one-story vs. two-story properties are for sale in 87505?

About 44% one-story, 56% two-story, and 0% three-plus-story properties are active. Single-story properties are often in tighter supply and attract buyers who want fewer stairs, which can lead to quicker sales and firmer pricing when demand is strong.

What is the median year built for properties for sale in 87505?

The median year built among active properties is 1985. Newer properties typically offer modern systems and energy efficiency; older properties may offer larger lots and classic details, though some may need updates—factor both into your budget and timeline.

Which neighborhoods currently have the most properties for sale in 87505?

You'll find the most active properties for sale in the Quail Run Condo, Dos Santos, Eastside Histor, Sol Y Lomas, San Mateo Condominiums communities. Starting your search there usually gives you more options in a single tour.

What is the typical monthly HOA for properties for sale in 87505?

The median HOA is $321 per month (where applicable). HOA dues affect your monthly affordability and loan qualification—use our mortgage calculator to see the full picture.

What share of properties for sale in 87505 are houses, condos, and townhomes?

Right now in 87505, for-sale inventory breaks down to about 74% houses, 23% condos, and 3% townhomes.

How much do you need to make to afford a property in 87505?

The median property price in 87505 is $699,000. With a 20% down payment ($139,800) and a 30-year fixed at 7.0%, the estimated principal-and-interest (P&I) payment is $3,720/month (plus property taxes, homeowners insurance, HOA dues, PMI if required, and utilities). Based on the 28/36 guideline for housing costs—where total housing expenses should be about 28% to 36% of your gross income—you'd want a household income of roughly $159,444 to $124,012 per year. Use our pre-approval form to know exactly what you qualify for and to be able to make a stronger offer.

How are the schools near properties for sale in 87505?

Many properties in 87505 are served by well-rated public and private schools; check each listing's school panel for boundary notes and current ratings, then compare nearby options as you narrow neighborhoods.

HOA Monthly Fees of Properties for Sale
$0 111
Less than $100 18
$101 - $500 42
$501 - $1,000 6
Over $1,000 16
Properties For Sale in 87505: Basic Features

Discover the essential features of properties for sale in 87505 with our detailed listings. Whatever your preferences in size or style, each property offers a range of foundational amenities to enhance your living experience.

Properties For Sale in 87505: Interior Features
Properties with Fireplaces in 87505
Homes with 1 fireplace 76
Homes with 2 fireplaces 31
Homes with 3+ fireplaces 47
Homes with no fireplaces 0
Properties For Sale in 87505: Exterior Features
Popular Roof Types in 87505
Metal 20
Wood 0
Concrete 0
Tiles 1
Slate Roofing 0
Asphalt Shingle 0
Composite Material 2
Membrane Roofing 25
Shingles 3
Waterfront Properties in 87505
Patio and Porch Features of Properties for Sale in 87505
Garage Spaces of Properties for Sale in 87505
Properties For Sale in 87505: Listing Overview
87505 Properties Listing Overview
Active Properties Listings in 87505 260
Properties Listings Under Contract in 87505 0
Price-Reduced Properties Listings in 87505 29
Recently Sold Properties in 87505 421

Real Estate For Sale in 87505: Demographic Data

Family Composition in 87505
Families with children 10.36%
Families without children 27.36%
Gender in 87505
Male 49.39%
Female 50.61%
Population by Age in 87505
Under 18 11.579999999999998%
18-64 55.2%
65 and over 33.230000000000004%
Marital Status by Gender in 87505
Never Married Male 34.31% / Female 27.66%
Now Married Male 48.45% / Female 42.47%
Divorced Male 14.74% / Female 20.42%
Widowed Male 2.5% / Female 9.45%
Occupied VS. Vacant Units in 87505
Occupied 16351
Vacant 2075
Ownership of Occupied Units in 87505
Owner Occupied 10133
Renter Occupied 6218
Population by Education Level in 87505
No Degree 12.29%
Some High School 6.26%
High School 13.53%
Some College 20.35%
Associates 7.09%
Bachelors 24.92%
Post-grad 49.260000000000005%
Population of Veterans in 87505
Veterans 7.9%
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For Sale

87505