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LOS LUNAS, NM 87031

Real Estate Market Report  ·  Valencia County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The LOS LUNAS, NM real estate market (87031) currently shows 191 active listings, with 69 pending sales. Homes are averaging 78 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 78 days on market compared to 81 days last year.

The median listing price has risen 0.4% year-over-year, from $374,900 to $376,243.

Whether you are buying or selling in LOS LUNAS, 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: 46,590  ·  Density: 70.4/mi²  ·  Median household income: $58,580

Typical home value: $182,711  ·  Homeownership: 83.9%

Market Overview

Active Listings
191
⇩ 1.5% vs 194 last year
Pending
69
36% pending ratio
Median Price
$376,243
⇧ 0.4% vs $374,900 last year
Average Price
$408,999
⇩ 3.4% vs $423,566 last year
Days on Market
78
⇩ 3.7% vs 81 days last year

Price Per Square Foot

Median $/sqft
$209
⇧ 0.5% vs $208/sqft last year
Median Home Size
1,814 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 191 this year vs 194 last year
  • Days on market: 78 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $376,243 (+0.4% YoY)
  • Average: $408,999 (-3.4% 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 31.2 miles — 1,104 listings ($591,809,472 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87031Los Lunas, NM 870310.0 mi189$77,909,202$369,275$412,218
87068Bosque Farms, NM 870689.8 mi9$4,853,187$532,250$539,243
87023Jarales, NM 8702312.9 mi2$1,798,000$899,000$899,000
87106Albuquerque, NM 8710617.0 mi92$41,011,852$432,440$445,781
87061Torreon, NM 8706120.3 mi3$507,600$169,200$169,200
87006Bosque, NM 8700621.3 mi6$3,621,000$494,500$603,500
87062Veguita, NM 8706222.1 mi2$1,799,800$899,900$899,900
87110Albuquerque, NM 8711024.2 mi102$38,052,018$350,450$373,059
87120Albuquerque, NM 8712025.0 mi224$121,133,152$462,000$540,773
87112Albuquerque, NM 8711225.2 mi106$39,023,052$337,000$368,142
87111Albuquerque, NM 8711127.5 mi139$92,594,294$444,500$666,146
87114Albuquerque, NM 8711428.9 mi165$81,638,535$399,500$494,779
87122Albuquerque, NM 8712231.2 mi65$87,867,780$972,675$1,351,812

Frequently Asked Questions

How many homes are for sale in LOS LUNAS, NM 87031?

As of March 2026, there are 191 active listings in LOS LUNAS, NM (zip code 87031), compared to 194 the prior year.

What is the median home price in LOS LUNAS, NM 87031?

The median listing price in LOS LUNAS, NM 87031 is $376,243 as of March 2026, a 0.4% increase from $374,900 the prior year.

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

Homes in LOS LUNAS, NM 87031 spend an average of 78 days on the market before going under contract, compared to 81 days the prior year.

Is it a seller's or buyer's market in LOS LUNAS, NM 87031?

Based on current inventory and days-on-market data as of March 2026, LOS LUNAS, NM 87031 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 78 days on market compared to 81 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LOS LUNAS, NM 87031 save an estimated $7,525 compared to a typical 5% commission on the median listing price of $376,243. 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.