Data as of April 2026. Source: Realtor.com.
The LEMITAR, NM real estate market (87823) currently shows 5 active listings, with 2 pending sales. Homes are averaging 165 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 165 days on market compared to 75 days last year.
The median listing price has fallen 24.4% year-over-year, from $492,950 to $372,500.
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 April 2026, there are 5 active listings in LEMITAR, NM (zip code 87823), compared to 4 the prior year.
The median listing price in LEMITAR, NM 87823 is $372,500 as of April 2026, a 24.4% decrease from $492,950 the prior year.
Homes in LEMITAR, NM 87823 spend an average of 165 days on the market before going under contract, compared to 75 days the prior year.
Based on current inventory and days-on-market data as of April 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 165 days on market compared to 75 days last year.
With SELL123.com's maximum 3% commission, sellers in LEMITAR, NM 87823 save an estimated $7,450 compared to a typical 5% commission on the median listing price of $372,500. 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.