HousingHandbookReference data

U.S. ZIP Code · NM87047

Sandoval County · Albuquerque, NM

Typical home value

$531,408[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.0%
5-year / yr
+4.6%
10-year / yr
+6.3%

Relative price

vs U.S.
+87.1%
vs metro
+50.9%
vs state
+90.1%
ZIP 87047 location in NM
Location of ZIP 87047 in NM

Price history

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

The typical home in 87047 is worth $531,408 — 50.9% above the Albuquerque, NM median. Over the past year, values have risen 1.0%. The effective property tax rate is 0.6%.

#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
0.6%[3]
Typical annual tax
$3,179[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
5,402[3]
Median household income
$116,630[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
2
Elementary
1
Middle
0
High
1
  • EAST MOUNTAIN HIGH SCHOOL

    High · Grades 9–12 · ALBUQUERQUE

    402 students

  • SAN ANTONITO ELEMENTARY

    Elementary · Grades K–5 · ALBUQUERQUE

    330 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$2,687
Loan principal$425,127
Down payment$106,282
Total interest paid$542,226

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$3,396
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
12th percentile[1]
Rental yield
[2]
Property tax
32nd percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 87047?
The typical home in 87047 is worth $531,408, based on the Zillow Home Value Index.
Are home values rising in 87047?
Home values in 87047 are up 1.0% over the past year, and up 4.6% a year over five years.
What is the property tax rate in 87047?
The effective property tax rate in 87047 is 0.6% — roughly $3,179 a year on a typical home.
Who lives in 87047?
ZIP code 87047 has a population of 5,402 and a median household income of $116,630.

#Comparable ZIPs

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

  • Los Alamos CDP, NM

    Typical home
    $580,686
    Gross yield
    5.2%
  • Cedar Crest CDP, NM

    Typical home
    $461,170
    Gross yield
  • Ponderosa Pine CDP, NM

    Typical home
    $445,436
    Gross yield
  • Albuquerque, NM

    Typical home
    $428,465
    Gross yield
    5.8%
  • Bosque Farms, NM

    Typical home
    $424,772
    Gross yield
  • Albuquerque, NM

    Typical home
    $422,623
    Gross yield
    4.1%

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