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ESTANCIA, NM 87016

Real Estate Market Report  ·  Torrance County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The ESTANCIA, NM real estate market (87016) currently shows 10 active listings, with 4 pending sales. Homes are averaging 205 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 205 days on market compared to 89 days last year.

The median listing price has risen 7.4% year-over-year, from $423,500 to $454,725.

Whether you are buying or selling in ESTANCIA, 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.

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Market Context

Market Context

Population: 2,848  ·  Density: 1.9/mi²  ·  Median household income: $40,191

Typical home value: $124,277  ·  Homeownership: 76.9%

Market Overview

Active Listings
10
⇧ 66.7% vs 6 last year
Pending
4
40% pending ratio
Median Price
$454,725
⇧ 7.4% vs $423,500 last year
Average Price
$667,315
⇧ 59.2% vs $419,250 last year
Days on Market
205
⇧ 130.3% vs 89 days last year

Price Per Square Foot

Median $/sqft
$223
⇧ 7.7% vs $207/sqft last year
Median Home Size
2,022 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 6 last year
  • Days on market: 205 now vs 89 last year

Median & Average Pricing

Year over Year
  • Median: $454,725 (+7.4% YoY)
  • Average: $667,315 (+59.2% YoY)

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 43.9 miles — 582 listings ($315,602,647 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87016Estancia, NM 870160.0 mi11$7,912,707$490,000$719,337
87063Willard, NM 8706320.0 mi1$228,000$228,000$228,000
87059Tijeras, NM 8705923.5 mi31$20,261,631$531,250$653,601
87056Stanley, NM 8705629.1 mi7$3,171,917$403,250$453,131
87123Albuquerque, NM 8712333.7 mi93$58,605,810$357,500$630,170
87068Bosque Farms, NM 8706837.4 mi9$4,853,187$532,250$539,243
87047Sandia Park, NM 8704737.5 mi25$26,126,850$742,500$1,045,074
87042Peralta, NM 8704238.7 mi7$5,362,903$694,900$766,129
87111Albuquerque, NM 8711139.1 mi139$92,594,294$444,500$666,146
87110Albuquerque, NM 8711040.5 mi102$38,052,018$350,450$373,059
87105Albuquerque, NM 8710541.8 mi85$35,040,910$350,000$412,246
87102Albuquerque, NM 8710242.6 mi70$21,592,620$275,000$308,466
87062Veguita, NM 8706243.9 mi2$1,799,800$899,900$899,900

Frequently Asked Questions

How many homes are for sale in ESTANCIA, NM 87016?

As of March 2026, there are 10 active listings in ESTANCIA, NM (zip code 87016), compared to 6 the prior year.

What is the median home price in ESTANCIA, NM 87016?

The median listing price in ESTANCIA, NM 87016 is $454,725 as of March 2026, a 7.4% increase from $423,500 the prior year.

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

Homes in ESTANCIA, NM 87016 spend an average of 205 days on the market before going under contract, compared to 89 days the prior year.

Is it a seller's or buyer's market in ESTANCIA, NM 87016?

Based on current inventory and days-on-market data as of March 2026, ESTANCIA, NM 87016 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 205 days on market compared to 89 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ESTANCIA, NM 87016 save an estimated $9,095 compared to a typical 5% commission on the median listing price of $454,725. 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.