How much is a home worth in ZIP code 87417?

The typical home in 87417 is worth $226,913, based on the Zillow Home Value Index.

Are home values rising in 87417?

Home values in 87417 are up 2.4% over the past year, and up 3.7% a year over five years.

What is the property tax rate in 87417?

The effective property tax rate in 87417 is 0.6% — roughly $1,344 a year on a typical home.

ZIP code 87417 has a population of 6,624 and a median household income of $75,215.

HousingHandbookReference data

…

U.S. ZIP Code · NM87417

San Juan County · Farmington, NM

Typical home value

$226,913^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.4%
5-year / yr: +3.7%
10-year / yr: +3.8%

Relative price

vs U.S.: -20.1%
vs metro: -14.9%
vs state: -18.8%

Price history

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

The typical home in 87417 is worth $226,913 — 14.9% below the Farmington, NM median. Over the past year, values have risen 2.4%. 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: $1,344^[3]

#Climate risk

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

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

#Who lives here

Population: 6,624^[3]
Median household income: $75,215^[3]

#Migration

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

Net migration: -77^[5]
Moved in: 1,966
Moved out: 2,043

Schools

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

Public schools: 5
Elementary: 2
Middle: 1
High: 1

KIRTLAND CENTRAL HIGH
High · Grades 9–12 · CENTRAL
704 students
JUDY NELSON ELEMENTARY
Elementary · Grades PK–6 · CENTRAL
467 students
KIRTLAND ELEMENTARY
Elementary · Grades PK–6 · CENTRAL
380 students
KIRTLAND MIDDLE
Middle · Grades 7–8 · CENTRAL
375 students
KIRTLAND PRE-K EARLY CHILDHOOD CENTER
Prekindergarten · Grades PK · CENTRAL
0 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.

Home value$Monthly rent$

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,147

Loan principal$181,530

Down payment$45,383

Total interest paid$231,532

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio—

Monthly cost to own$1,448

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: 11th percentile^[1]
Rental yield: —^[2]
Property tax: 75th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 87417?: The typical home in 87417 is worth $226,913, based on the Zillow Home Value Index.
Are home values rising in 87417?: Home values in 87417 are up 2.4% over the past year, and up 3.7% a year over five years.
What is the property tax rate in 87417?: The effective property tax rate in 87417 is 0.6% — roughly $1,344 a year on a typical home.
Who lives in 87417?: ZIP code 87417 has a population of 6,624 and a median household income of $75,215.

#Comparable ZIPs

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

87421 vs 87417 →
Waterflow CDP, NM
Typical home
$227,546
Gross yield
—
87413 vs 87417 →
Bloomfield, NM
Typical home
$250,848
Gross yield
—
87419
Navajo Dam CDP, NM
Typical home
$195,615
Gross yield
—
87416
Upper Fruitland CDP, NM
Typical home
$265,071
Gross yield
—
87401
Farmington, NM
Typical home
$267,904
Gross yield
5.6%
87410
Aztec, NM
Typical home
$272,365
Gross yield
—

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#Jump to section

U.S. ZIP Code · NM87417

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