87582
$462,500median sale price
The 87582 zip code, located in Arroyo Seco, NM, is currently classified as a buyer's market. The median sale price stands at $462,500, representing a +1.7% change year over year. Homes in this area spend an average of 124 days on the market before going under contract. There are currently 3 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 87582 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
2
Last 12 weeks
Days on market
124
Average pace
Active listings
3
Sale-to-list
95.0%
Below asking
Market trends
Market analysis for 87582
The 87582 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a buyer's market, homes are selling at approximately 95.0% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 87582 have increased +1.7% compared to last year, suggesting continued demand and potential for further appreciation. 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
1,055
Median income
$90,504/yr
Median age
37.6 years
Owner-occupied
7720.0%
College grads
3790.0%
Living in 87582
Zip code 87582 is home to approximately 1,055 residents. The median household income is $90,504 per year, which shapes the types of homes and amenities available in the area. With a median age of 37.6 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 7720.0% 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.
About 3790.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. 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 87582.
Frequently asked questions about 87582
What is the median home price in 87582?
The current median sale price in 87582 is $462,500, based on recent Redfin transaction data. Prices have changed +1.7% 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 87582 a buyer's or seller's market?
The 87582 zip code is currently classified as a buyer's market. 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 87582?
Zip code 87582 has a population of approximately 1,055 residents. The median household income is $90,504 per year. About 7720.0% 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 87582?
Properties Incorporated provides comprehensive data for 87582 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 87582 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.
Get zip code 87582 market alerts
Weekly updates on prices, inventory, and trends. Free forever.