Data as of June 2026. Source: Realtor.com.
The LEMITAR, NM real estate market (87823) currently shows 3 active listings, with 1 pending sales. Homes are averaging 188 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 188 days on market compared to 71 days last year.
The median listing price has fallen 30.3% year-over-year, from $524,000 to $365,000.
Whether you are buying or selling in LEMITAR, 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.
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 June 2026, there are 3 active listings in LEMITAR, NM (zip code 87823), compared to 2 the prior year.
The median listing price in LEMITAR, NM 87823 is $365,000 as of June 2026, a 30.3% decrease from $524,000 the prior year.
Homes in LEMITAR, NM 87823 spend an average of 188 days on the market before going under contract, compared to 71 days the prior year.
Based on current inventory and days-on-market data as of June 2026, LEMITAR, NM 87823 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 188 days on market compared to 71 days last year.
With SELL123.com's maximum 3% commission, sellers in LEMITAR, NM 87823 save an estimated $7,300 compared to a typical 5% commission on the median listing price of $365,000. 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.