HousingHandbookReference data

U.S. ZIP Code · NM87532

Rio Arriba County

Typical home value

$344,389[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.5%
5-year / yr
+5.9%
10-year / yr
+7.1%

Relative price

vs U.S.
+21.2%
vs metro
vs state
+23.2%
ZIP 87532 location in NM
Location of ZIP 87532 in NM

Price history

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

The typical home in 87532 is worth $344,389. Over the past year, values have risen 3.5%. The effective property tax rate is 0.4%.

#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
0.4%[3]
Typical annual tax
$1,343[3]

#Climate risk

FEMA National Risk Index ratings for Rio Arriba 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
Very Low
Hurricane
Not Applicable
Tornado
Very Low
Earthquake
Relatively Low
Winter weather
Relatively Low

#Who lives here

Population
18,948[3]
Median household income
$58,448[3]

#Migration

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

Net migration
-30[5]
Moved in
705
Moved out
735

Schools

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

Public schools
9
Elementary
6
Middle
1
High
1
  • ESPANOLA VALLEY HIGH

    High · Grades 9–12 · ESPANOLA

    836 students

  • MCCURDY CHARTER SCHOOL

    Other · Grades K–12 · MCCURDY CHARTER SCHOOL

    553 students

  • CARLOS F. VIGIL MIDDLE

    Middle · Grades 7–8 · ESPANOLA

    401 students

  • EUTIMIO SALAZAR ELEMENTARY

    Elementary · Grades PK–6 · ESPANOLA

    352 students

  • JAMES RODRIGUEZ ELEMENTARY

    Elementary · Grades 1–6 · ESPANOLA

    231 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$1,741
Loan principal$275,511
Down payment$68,878
Total interest paid$351,399

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$2,140
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]

Frequently asked

How much is a home worth in ZIP code 87532?
The typical home in 87532 is worth $344,389, based on the Zillow Home Value Index.
Are home values rising in 87532?
Home values in 87532 are up 3.5% over the past year, and up 5.9% a year over five years.
What is the property tax rate in 87532?
The effective property tax rate in 87532 is 0.4% — roughly $1,343 a year on a typical home.
Who lives in 87532?
ZIP code 87532 has a population of 18,948 and a median household income of $58,448.

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