87064
$395,000median sale price
The 87064 zip code, located in Arroyo Seco, NM, is currently classified as a leaning buyer's. The median sale price stands at $395,000, representing a -42.8% change year over year. Homes in this area spend an average of 101 days on the market before going under contract. There are currently 1 active listings in the area, which influences how much negotiating power buyers and sellers have.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 87064 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
1
Last 12 weeks
Days on market
101
Average pace
Active listings
1
Sale-to-list
100.0%
Above asking
Market trends
Market analysis for 87064
The 87064 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 100.0% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 87064 have declined -42.8% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
Community profile
Population
109
Median age
54.9 years
Owner-occupied
10000.0%
Living in 87064
Zip code 87064 is home to approximately 109 residents. With a median age of 54.9 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 10000.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 87064.
Frequently asked questions about 87064
What is the median home price in 87064?
The current median sale price in 87064 is $395,000, based on recent Redfin transaction data. Prices have changed -42.8% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 87064 a buyer's or seller's market?
The 87064 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population and demographics of 87064?
Zip code 87064 has a population of approximately 109 residents. About 10000.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 87064?
Properties Incorporated provides comprehensive data for 87064 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 87064 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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