HousingHandbookReference data

U.S. ZIP Code · NM87024

Sandoval County · Albuquerque, NM

Typical home value

$355,135[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.6%
5-year / yr
10-year / yr

Relative price

vs U.S.
+25.0%
vs metro
≈ metro median
vs state
+27.0%
ZIP 87024 location in NM
Location of ZIP 87024 in NM

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 87024 is worth $355,135. Over the past year, values have risen 5.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
[3]
Typical annual tax
[3]

#Climate risk

FEMA National Risk Index ratings for Sandoval County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Relatively Moderate
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
Not Applicable
Tornado
Very Low
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
2,692[3]
Median household income
$60,727[3]

#Migration

Household moves in and out of Sandoval County over a year, from IRS tax-return data.

Net migration
+788[5]
Moved in
5,205
Moved out
4,417

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
6
Elementary
3
Middle
1
High
2
  • Jemez Day School

    Elementary · Grades K–6 · Jemez Day School

    140 students

  • JEMEZ VALLEY ELEMENTARY

    Elementary · Grades PK–5 · JEMEZ VALLEY

    131 students

  • JEMEZ VALLEY HIGH

    High · Grades 9–12 · JEMEZ VALLEY

    106 students

  • JEMEZ VALLEY MIDDLE

    Middle · Grades 6–8 · JEMEZ VALLEY

    70 students

  • SAN DIEGO RIVERSIDE

    Elementary · Grades K–8 · JEMEZ VALLEY

    55 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,796
Loan principal$284,108
Down payment$71,027
Total interest paid$362,364

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,447
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
[1]
Rental yield
[2]
Property tax
[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 87024?
The typical home in 87024 is worth $355,135, based on the Zillow Home Value Index.
Are home values rising in 87024?
Home values in 87024 are up 5.6% over the past year.
Who lives in 87024?
ZIP code 87024 has a population of 2,692 and a median household income of $60,727.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Albuquerque, NM

    Typical home
    $354,333
    Gross yield
    5.1%
  • Jemez Springs, NM

    Typical home
    $352,043
    Gross yield
  • Rio Rancho Estates CDP, NM

    Typical home
    $350,923
    Gross yield
    6.3%
  • Albuquerque, NM

    Typical home
    $361,443
    Gross yield
    5.3%
  • Albuquerque, NM

    Typical home
    $348,514
    Gross yield
    4.4%
  • Santa Ana Pueblo CDP, NM

    Typical home
    $346,240
    Gross yield

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