87031 Home Values & Market Trends
There are 772 homes currently listed for 87031. 87031 real estate market trends show that home prices range from $45,000 to $1,500,000, and the median sales price in the 87031 zip code is $336,261. The total number of properties sold within the past twelve months is 573. In 87031, 34 properties are in foreclosure, 6 are bank owned properties,and 5 are headed for auction.
Housing Market Summary for 87031
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $340K | $349.4K | 2.78% |
| Median Sold Price | $298.9K | $325.4K | 8.86% |
| Homes For Sale | 513 | 763 | 48.73% |
| Homes Sold | 283 | 330 | 16.61% |
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 87031
Browse Homes in 87031
The median list price of a home in Los Lunas, is $336,261. A total of 772 properties are for sale, and the percentage of properties for sale in the zip code is 772.00%. The total count of 87031 properties is 1,167.
- Pre-ForeclosurePre-foreclosure homes account for 1.97% of all residential properties in 87031 with los lunas containing 23 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 87031; of that cities, the estimated home value for pre-foreclosure homes ranges from $730,245 in los lunas to the lowest home value of $211,944 in los lunas.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 87031 ranges from the highest value of $366,829 in los lunas to the lowest value of $308,237 in los lunas. Bank owned homes and properties account for 0.51% of properties in 87031. There is 1 cities within 87031; los lunas containing 6 REO properties, has the highest number of bank owned properties in a single city.
- Auctionslos lunas has 5 auction properties, the highest number of properties going to auction in a single city in the state of 87031. Auction homes and other auction properties account for 0.43% of all properties in 87031. There is 1 cities within 87031; of that cities, the median estimated home value for homes going to auction ranges from $469,520 in los lunas to the lowest value of $301,280 in los lunas.
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Guide for 87031
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.
