The story of this market
The typical home in ZIP 87016 sells for about $390,000, or $256 per square foot.
Prices are roughly flat from a year ago (-0.22%), a market in balance. Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $847 a month.
ZIP 87016 — Estancia
The housing market in the 87016 area shows signs of tight supply with only 1.9 months of inventory, which provides sellers with significant pricing power. While year-over-year prices have seen a slight decline, the rapid pace of sales suggests a resilient local demand. Data reflects conditions as of early 2026.
Median prices moved down 0.2% year over year.
Homes spend a median of 40 days on market with 1.9 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99.51% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 24.7% · poverty 22.3% — elevated distress and economic pressure.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 87016
not determinable
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.