Is Pena Blanca, NM 87041 a buyer’s or seller’s market?
Pena Blanca is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Pena Blanca housing market right now
In the three months ending August 31, 2026, 0% of homes in Pena Blanca, NM 87041 sold above their list price, the typical home went under contract in 34 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Within Sandoval County, homes here sell faster than in 90% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Los Alamos 87544 (34% sold over asking) and Corrales 87048 (21% sold over asking) are even more competitive.
Run the numbers for 87041
Nearby markets
Algodones 87001 — /sq ftBernalillo 87004Balanced $218 /sq ftCochiti Lake 87083Seller’s market $169 /sq ftCorrales 87048Balanced $319 /sq ft Browse all markets →Where Pena Blanca is
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Questions about Pena Blanca real estate
Is Pena Blanca a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Pena Blanca, NM 87041 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Pena Blanca?
The typical home went under contract in 34 days in the latest three months.
Do homes in Pena Blanca sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Pena Blanca?
About 0.73% of a home’s value a year in Sandoval County, or roughly $2,920 on a $400,000 home.
What is the median home price in Pena Blanca?
The median sale price was $489,788 in the three months ending August 31, 2026, about $241 per square foot.
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More tools for 87041
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology