87506 Home Values & Market Trends
There are 10 homes currently listed for 87506. 87506 real estate market trends show that home prices range from $819,999 to $3,600,000, and the median sales price in the 87506 zip code is $1,091,486.29. The total number of properties sold within the past twelve months is 210. In 87506, 1 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.
Housing Market Summary for 87506
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $1.6M | $1.3M | -21.54% |
Median Sold Price | $1.1M | $1.3M | 16.76% |
Homes For Sale | 9 | 11 | 22.22% |
Homes Sold | 114 | 130 | 14.04% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 87506
Browse Homes in 87506
The median list price of a home in Santa Fe, is $1,091,486.29. A total of 10 properties are for sale, and the percentage of properties for sale in the zip code is 10.00%. The total count of 87506 properties is 7,300.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 87506 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 87506; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 87506 ranges from the highest value of $835,082 in santa fe to the lowest value of $225,211 in santa fe. Bank owned homes and properties account for 0.01% of properties in 87506. There is 1 cities within 87506; santa fe containing 7 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 87506. Auction homes and other auction properties account for 0% of all properties in 87506. There is 1 cities within 87506; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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More Real Estate Resources for 87506
Guide for 87506
This article describes the fluctuating real estate market of Santa Fe and neighboring cities from July 2023 to March 2024, focusing on property values, sale prices, and number of sold homes.
Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.