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Is Los Lunas, NM 87031 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Los Lunas is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score37/ 100

More competitive than 36% of U.S. ZIP codes, and #28 of 51 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.3Under 4 months = seller’s market
Sold above original list19.2%Share of sales, last 3 months
Median sale-to-list99%Sold price ÷ list price
Median days on market60Listing to accepted offer
Median price per sq ft$198▼ −1.1% vs. last year

Run the numbers for 87031

Prefilled for 87031Can I win this house?Multiple-offer likelihood for a listing Prefilled for 87031Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Belen 87002Seller’s market $172 /sq ftJarales 87023 $89 /sq ftPeralta 87042Balanced $211 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology