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JARALES, NM 87023

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

Market Analysis

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

The JARALES, NM real estate market (87023) currently shows 2 active listings, with 1 pending sales.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

The median listing price has fallen 8.2% year-over-year, from $899,000 to $825,000.

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Market Context

Market Context

Population: 451  ·  Density: 67.1/mi²  ·  Median household income: $39,352

Typical home value: $0  ·  Homeownership: 89.0%

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
1
50% pending ratio
Median Price
$825,000
⇩ 8.2% vs $899,000 last year
Average Price
$825,000
⇩ 8.2% vs $899,000 last year
Days on Market
—
⇩ 100% vs 35 days last year

Price Per Square Foot

Median $/sqft
$553
⇩ 8.3% vs $603/sqft last year
Median Home Size
1,492 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 1 last year

Median & Average Pricing

Year over Year
  • Median: $825,000 (-8.2% YoY)
  • Average: $825,000 (-8.2% 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 39.6 miles — 699 listings ($341,305,047 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87023Jarales, NM 870230.0 mi2$1,798,000$899,000$899,000
87006Bosque, NM 870068.8 mi6$3,621,000$494,500$603,500
87031Los Lunas, NM 8703112.9 mi189$77,909,202$369,275$412,218
87068Bosque Farms, NM 8706822.3 mi9$4,853,187$532,250$539,243
87061Torreon, NM 8706123.0 mi3$507,600$169,200$169,200
87828Polvadera, NM 8782828.4 mi3$3,947,250$1,315,750$1,315,750
87106Albuquerque, NM 8710629.8 mi92$41,011,852$432,440$445,781
87036Mountainair, NM 8703634.0 mi14$4,812,192$348,750$343,728
87108Albuquerque, NM 8710834.5 mi72$22,485,168$291,250$312,294
87123Albuquerque, NM 8712336.2 mi93$58,605,810$357,500$630,170
87112Albuquerque, NM 8711237.6 mi106$39,023,052$337,000$368,142
87107Albuquerque, NM 8710738.0 mi82$74,832,298$512,475$912,589
87801Socorro, NM 8780139.6 mi28$7,898,436$228,725$282,087

Frequently Asked Questions

How many homes are for sale in JARALES, NM 87023?

As of September 2026, there are 2 active listings in JARALES, NM (zip code 87023), compared to 1 the prior year.

What is the median home price in JARALES, NM 87023?

The median listing price in JARALES, NM 87023 is $825,000 as of September 2026, a 8.2% decrease from $899,000 the prior year.

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

Homes in JARALES, NM 87023 spend an average of 0 days on the market before going under contract, compared to 35 days the prior year.

Is it a seller's or buyer's market in JARALES, NM 87023?

Based on current inventory and days-on-market data as of September 2026, JARALES, NM 87023 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

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

With SELL123.com's maximum 3% commission, sellers in JARALES, NM 87023 save an estimated $16,500 compared to a typical 5% commission on the median listing price of $825,000. 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.