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Area data

ZIP 87508

Population: 18,518 (Census ACS)

The typical home value in ZIP 87508 is $647,966 — up 1.1% over the past year. Homes sell for a median $699,500 after a median 68 days on market. Typical rent runs $3,100/month. 5 schools serve the area (NCES). Cost of living is 7.8% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$647,966

Typical home value

+1.1%

1-year change

68

Median days on market

Home values & appreciation

Typical home value
$647,966
1-year appreciation
+1.1%
3-year appreciation
+1.7%
5-year appreciation
+17.4%
10-year appreciation
+82.4%
Peak value since 2000 (Dec 2024)
$650,498

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$699,500
Median list price
$685,000
Median price per sqft
$338
1-year sale-price change
-1.5%
Median days on market
68 days
Homes sold (recent period)
82
For-sale inventory
145
Sale-to-list ratio
96.7%
Active listings
151
1-year forecast
+1.3%
Days to pending
65 days
New listings (monthly)
33

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$3,100/mo
Studio fair-market rent
$1,260/mo
1BR fair-market rent
$1,413/mo
2BR fair-market rent
$1,735/mo
3BR fair-market rent
$2,134/mo
4BR fair-market rent
$2,280/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
92.2 (100 = US avg)
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
5
Elementary schools
3
Middle schools
0
High schools
2
Charter schools
3
Avg student-teacher ratio
14.9 : 1
School districts serving the area
THE MASTERS PROGRAM, TURQUOISE TRAIL CHARTER SCHOOL, SANTA FE
Schools include
THE MASTERS PROGRAM, TURQUOISE TRAIL CHARTER SCHOOL, EL DORADO COMMUNITY SCHOOL, ACADEMY FOR TECHNOLOGY & CLASSICS, AMY BIEHL COMMUNITY SCHOOL AT RANCHO VIEJO

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Most common flood zone among NFIP claims
Zone X
NFIP flood claims on record
2
EPA Superfund (NPL) sites within 5 mi
None
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
50.0°F
Average high
65.0°F
Average low
35.0°F
Annual precipitation
13.9 in
Annual snowfall
20.2 in
USDA plant hardiness zone
7a (extreme annual low 0 to 5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
7.8 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
9,627
Jobs reachable by transit (45 min)
8,415

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
6
Nearest national park
Pecos National Historical Park (19 mi)
National parks include
Pecos National Historical Park, Bandelier National Monument, Manhattan Project National Historical Park
Airports within 30 mi
4
Nearest airport
Santa Fe Municipal Airport (SAF) (5 mi)
Nearest major airport
Santa Fe Municipal Airport (SAF) (5 mi)
Hospitals in or near this ZIP
13
Hospitals include
UNM HOSPITAL, PRESBYTERIAN HOSPITAL, CHRISTUS ST VINCENT REGIONAL MEDICAL CENTER
Avg hospital rating (CMS)
3.3 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Excellent (5.5 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Housing stock

Median year housing built
1997
Housing built before 1970
3.5%
Housing built 2000 or later
39.7%
Median annual property tax
$2,743
Mean commute to work
20 min
Households with broadband internet
76.3%

Source: Census ACS 5-year estimates (ZIP-level)

How it compares

ZIP 87508State medianUS median
Typical home value$647,966—$288,527
Median sale price$699,500—$325,000
Median days on market68 days—51 days
Typical rent$3,100/mo—$1,809/mo
Median annual property tax$2,743—$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in ZIP 87508?
$647,966.
What is the median sale price in ZIP 87508?
$699,500.
How long do homes take to sell in ZIP 87508?
Median days on market: 68 days.
What is typical rent in ZIP 87508?
Typical rent: $3,100/month.
Is ZIP 87508 in a flood zone?
Flood zones vary by property within ZIP 87508. 2 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is X. Check a specific address on the FEMA Flood Map Service Center.
Are there Superfund sites near ZIP 87508?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 87508?
5 schools (3 elementary, 2 high) (NCES, 2024-25).
Is ZIP 87508 walkable?
Walkability index: 7.8/20 (EPA Smart Location Database).
What is the cost of living in ZIP 87508?
Regional Price Parity: 92.2 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

Listing a home in ZIP 87508?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents