Data as of July 2026. Source: Realtor.com.
The BLUEWATER, NM real estate market (87005) currently shows 2 active listings, with 1 pending sales. Homes are averaging 55 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are selling faster, averaging 55 days on market compared to 319 days last year.
The median listing price has fallen 93.1% year-over-year, from $1,296,750 to $89,000.
Whether you are buying or selling in BLUEWATER, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 25 · Density: 0.4/mi² · Median household income: $0
Typical home value: $0 · Homeownership: 100.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 87005 | Bluewater, NM 87005 | 0.0 mi | 1 | $699,900 | $699,900 | $699,900 |
| 87045 | Prewitt, NM 87045 | 9.9 mi | 5 | $1,531,250 | $138,500 | $306,250 |
| 87051 | San Rafael, NM 87051 | 15.5 mi | 1 | $74,900 | $74,900 | $74,900 |
| 87049 | San Fidel, NM 87049 | 23.5 mi | 1 | $49,000 | $49,000 | $49,000 |
| 87014 | Cubero, NM 87014 | 31.4 mi | 1 | $154,000 | $154,000 | $154,000 |
| 87301 | Gallup, NM 87301 | 47.4 mi | 53 | $14,739,353 | $246,350 | $278,101 |
| 87315 | Fence Lake, NM 87315 | 52.0 mi | 5 | $1,482,500 | $322,500 | $296,500 |
| 87013 | Cuba, NM 87013 | 57.6 mi | 2 | $549,900 | $274,950 | $274,950 |
| 87121 | Albuquerque, NM 87121 | 65.1 mi | 130 | $42,621,800 | $315,000 | $327,860 |
| 87124 | Rio Rancho, NM 87124 | 67.3 mi | 223 | $108,470,768 | $428,000 | $486,416 |
| 87829 | Quemado, NM 87829 | 78.9 mi | 17 | $4,970,664 | $277,500 | $292,392 |
| 87006 | Bosque, NM 87006 | 84.3 mi | 6 | $3,621,000 | $494,500 | $603,500 |
| 87046 | Regina, NM 87046 | 92.4 mi | 4 | $3,108,332 | $599,250 | $777,083 |
As of July 2026, there are 2 active listings in BLUEWATER, NM (zip code 87005), compared to 1 the prior year.
The median listing price in BLUEWATER, NM 87005 is $89,000 as of July 2026, a 93.1% decrease from $1,296,750 the prior year.
Homes in BLUEWATER, NM 87005 spend an average of 55 days on the market before going under contract, compared to 319 days the prior year.
Based on current inventory and days-on-market data as of July 2026, BLUEWATER, NM 87005 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 55 days on market compared to 319 days last year.
With SELL123.com's maximum 3% commission, sellers in BLUEWATER, NM 87005 save an estimated $1,780 compared to a typical 5% commission on the median listing price of $89,000. 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.