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BLUEWATER, NM 87005

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The BLUEWATER, NM real estate market (87005) currently shows 1 active listings. Homes are averaging 127 days on the market before going under contract.

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Market Context

Market Context

Population: 25  ·  Density: 0.4/mi²  ·  Median household income: $0

Typical home value: $0  ·  Homeownership: 100.0%

Market Overview

Active Listings
1
—
Pending
0
0% pending ratio
Median Price
$699,900
—
Average Price
$699,900
—
Days on Market
127
—

Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 92.4 miles — 449 listings ($182,073,367 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87005Bluewater, NM 870050.0 mi1$699,900$699,900$699,900
87045Prewitt, NM 870459.9 mi5$1,531,250$138,500$306,250
87051San Rafael, NM 8705115.5 mi1$74,900$74,900$74,900
87049San Fidel, NM 8704923.5 mi1$49,000$49,000$49,000
87014Cubero, NM 8701431.4 mi1$154,000$154,000$154,000
87301Gallup, NM 8730147.4 mi53$14,739,353$246,350$278,101
87315Fence Lake, NM 8731552.0 mi5$1,482,500$322,500$296,500
87013Cuba, NM 8701357.6 mi2$549,900$274,950$274,950
87121Albuquerque, NM 8712165.1 mi130$42,621,800$315,000$327,860
87124Rio Rancho, NM 8712467.3 mi223$108,470,768$428,000$486,416
87829Quemado, NM 8782978.9 mi17$4,970,664$277,500$292,392
87006Bosque, NM 8700684.3 mi6$3,621,000$494,500$603,500
87046Regina, NM 8704692.4 mi4$3,108,332$599,250$777,083

Frequently Asked Questions

How many homes are for sale in BLUEWATER, NM 87005?

As of September 2026, there are 1 active listings in BLUEWATER, NM (zip code 87005).

What is the median home price in BLUEWATER, NM 87005?

The median listing price in BLUEWATER, NM 87005 is $699,900 as of September 2026.

How long do homes stay on the market in BLUEWATER, NM?

Homes in BLUEWATER, NM 87005 spend an average of 127 days on the market before going under contract.

Is it a seller's or buyer's market in BLUEWATER, NM 87005?

Based on current inventory and days-on-market data as of September 2026, BLUEWATER, NM 87005 is currently a Balanced Market.

How much can I save on real estate commission in BLUEWATER, NM?

With SELL123.com's maximum 3% commission, sellers in BLUEWATER, NM 87005 save an estimated $13,998 compared to a typical 5% commission on the median listing price of $699,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.