Data as of September 2026. Source: Realtor.com.
The HERNANDEZ, NM real estate market (87537) currently shows 3 active listings. Homes are averaging 213 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 213 days on market compared to 152 days last year.
The median listing price has fallen 71.3% year-over-year, from $435,000 to $124,900.
Population: 2,561 · Density: 7.0/mi² · Median household income: $48,000
Typical home value: $192,014 · Homeownership: 71.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 87537 | Hernandez, NM 87537 | 0.0 mi | 6 | $2,023,002 | $297,000 | $337,167 |
| 87532 | Espanola, NM 87532 | 11.7 mi | 27 | $14,057,118 | $517,000 | $520,634 |
| 87582 | Velarde, NM 87582 | 14.0 mi | 5 | $2,013,875 | $369,900 | $402,775 |
| 87511 | Alcalde, NM 87511 | 15.7 mi | 1 | $125,000 | $125,000 | $125,000 |
| 87064 | Youngsville, NM 87064 | 17.3 mi | 1 | $925,000 | $925,000 | $925,000 |
| 87527 | Dixon, NM 87527 | 21.8 mi | 3 | $937,500 | $312,500 | $312,500 |
| 87544 | Los Alamos, NM 87544 | 22.3 mi | 30 | $16,089,000 | $402,000 | $536,300 |
| 87522 | Chimayo, NM 87522 | 24.2 mi | 6 | $2,700,000 | $350,000 | $450,000 |
| 87506 | Santa Fe, NM 87506 | 25.0 mi | 120 | $269,643,600 | $1,971,250 | $2,247,030 |
| 87025 | Jemez Springs, NM 87025 | 27.6 mi | 15 | $8,854,125 | $460,000 | $590,275 |
| 87553 | Penasco, NM 87553 | 30.0 mi | 3 | $1,377,750 | $459,250 | $459,250 |
| 87017 | Gallina, NM 87017 | 30.8 mi | 3 | $1,091,250 | $363,750 | $363,750 |
| 87083 | Cochiti Lake, NM 87083 | 32.4 mi | 13 | $4,301,817 | $317,500 | $330,909 |
As of September 2026, there are 3 active listings in HERNANDEZ, NM (zip code 87537), compared to 5 the prior year.
The median listing price in HERNANDEZ, NM 87537 is $124,900 as of September 2026, a 71.3% decrease from $435,000 the prior year.
Homes in HERNANDEZ, NM 87537 spend an average of 213 days on the market before going under contract, compared to 152 days the prior year.
Based on current inventory and days-on-market data as of September 2026, HERNANDEZ, NM 87537 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 213 days on market compared to 152 days last year.
With SELL123.com's maximum 3% commission, sellers in HERNANDEZ, NM 87537 save an estimated $2,498 compared to a typical 5% commission on the median listing price of $124,900. 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.