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).
$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
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 87508 | State median | US median | |
|---|---|---|---|
| Typical home value | $647,966 | — | $288,527 |
| Median sale price | $699,500 | — | $325,000 |
| Median days on market | 68 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
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Data last updated
Most recent source refresh: Oct 2026. See all data sources →