Los Lunas, NM Home Values & Market Trends
Real estate market trends reflect that there have been 590 transactions over the past year in Los Lunas. The median value for residential home transactions that occurred over the previous year is $337,233. The number of current listings in Los Lunas is 784, and the percentage of properties for sale in the city is 784.00%. Los Lunas, NM currently has 34 properties in foreclosure, 4 bank owned properties, 6 properties headed for auction, and 784 properties for sale.
Los Lunas, NM Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 87031 | $ 337,233 $ 182/sqft |
Housing Market Summary for Los Lunas, NM
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $335K | $349.9K | 4.45% |
| Median Sold Price | $300.5K | $327.8K | 9.08% |
| Homes For Sale | 566 | 783 | 38.34% |
| Homes Sold | 278 | 314 | 12.95% |
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 Los Lunas, NM
Browse Homes in Los Lunas, NM
Los Lunas home values range from $72,984 to $1,900,000. The median estimated value of a home in Los Lunas is $337,233. The median list price of a home is 348,999, and the total count of properties in the city is 1,163.
- Pre-ForeclosurePre-foreclosure homes account for 2.06% of all residential properties in Los Lunas, NM with 87031 containing 24 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Los Lunas, NM; of that zips, the estimated home value for pre-foreclosure homes ranges from $726,948 in 87031 to the lowest home value of $212,312 in 87031.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Los Lunas, NM ranges from the highest value of $392,780 in 87031 to the lowest value of $339,000 in 87031. Bank owned homes and properties account for 0.34% of properties in Los Lunas, NM. There is 1 zips within Los Lunas, NM; 87031 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions87031 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Los Lunas, NM. Auction homes and other auction properties account for 0.52% of all properties in Los Lunas, NM. There is 1 zips within Los Lunas, NM; of that zips, the median estimated home value for homes going to auction ranges from $504,552 in 87031 to the lowest value of $229,781 in 87031.
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More Real Estate Resources for Los Lunas, NM
Guide for Los Lunas, NM
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.
