Data as of September 2026. Source: Realtor.com.
The LEMITAR, NM real estate market (87823) currently shows 4 active listings. Homes are averaging 63 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are selling faster, averaging 63 days on market compared to 140 days last year.
The median listing price has fallen 34.1% year-over-year, from $512,000 to $337,500.
Population: 365 · Density: 3.0/mi² · Median household income: $0
Typical home value: $0 · Homeownership: 100.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 87823 | Lemitar, NM 87823 | 0.0 mi | 4 | $1,523,900 | $392,500 | $380,975 |
| 87831 | San Acacia, NM 87831 | 8.0 mi | 2 | $469,900 | $234,950 | $234,950 |
| 87006 | Bosque, NM 87006 | 22.0 mi | 6 | $3,621,000 | $494,500 | $603,500 |
| 87832 | San Antonio, NM 87832 | 24.8 mi | 4 | $771,332 | $230,000 | $192,833 |
| 87002 | Belen, NM 87002 | 32.2 mi | 113 | $38,970,310 | $296,475 | $344,870 |
| 87031 | Los Lunas, NM 87031 | 43.3 mi | 189 | $77,909,202 | $369,275 | $412,218 |
| 87042 | Peralta, NM 87042 | 47.2 mi | 7 | $5,362,903 | $694,900 | $766,129 |
| 87068 | Bosque Farms, NM 87068 | 52.9 mi | 9 | $4,853,187 | $532,250 | $539,243 |
| 87105 | Albuquerque, NM 87105 | 58.2 mi | 85 | $35,040,910 | $350,000 | $412,246 |
| 87106 | Albuquerque, NM 87106 | 60.3 mi | 92 | $41,011,852 | $432,440 | $445,781 |
| 87108 | Albuquerque, NM 87108 | 65.1 mi | 72 | $22,485,168 | $291,250 | $312,294 |
| 87943 | Winston, NM 87943 | 66.0 mi | 3 | $447,000 | $149,000 | $149,000 |
| 87063 | Willard, NM 87063 | 66.4 mi | 1 | $228,000 | $228,000 | $228,000 |
As of September 2026, there are 4 active listings in LEMITAR, NM (zip code 87823), compared to 2 the prior year.
The median listing price in LEMITAR, NM 87823 is $337,500 as of September 2026, a 34.1% decrease from $512,000 the prior year.
Homes in LEMITAR, NM 87823 spend an average of 63 days on the market before going under contract, compared to 140 days the prior year.
Based on current inventory and days-on-market data as of September 2026, LEMITAR, NM 87823 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 63 days on market compared to 140 days last year.
With SELL123.com's maximum 3% commission, sellers in LEMITAR, NM 87823 save an estimated $6,750 compared to a typical 5% commission on the median listing price of $337,500. 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.