87016 Home Values & Market Trends
There are 17 homes currently listed for 87016. 87016 real estate market trends show that home prices range from $74,800 to $1,450,000, and the median sales price in the 87016 zip code is $499,900. The total number of properties sold within the past twelve months is 27. In 87016, 2 properties are in foreclosure, 2 are bank owned properties,and 0 are headed for auction.
87016 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Estancia | $ 499,900 $ 120/sqft |
Housing Market Summary for 87016
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $449K | $449K | - |
| Median Sold Price | $176.4K | $245.6K | 39.24% |
| Homes For Sale | 15 | 17 | 13.33% |
| Homes Sold | 10 | 27 | 170.00% |
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 87016
Browse Homes in 87016
The median list price of a home in Estancia, is $499,900. A total of 17 properties are for sale, and the percentage of properties for sale in the zip code is 17.00%. The total count of 87016 properties is 48.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 87016 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 87016; 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 87016 ranges from the highest value of $205,822 in estancia to the lowest value of $89,101 in estancia. Bank owned homes and properties account for 4.17% of properties in 87016. There is 1 cities within 87016; estancia containing 2 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 87016. Auction homes and other auction properties account for 0% of all properties in 87016. There is 1 cities within 87016; 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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Guide for 87016
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.