The story of this market
The typical home in ZIP 87718 sells for about $170,700, or $171 per square foot.
Prices are up +170.7% from a year ago, so sellers still have some momentum. Homes take about 170.7 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $591 a month.
ZIP 87718 — Eagle Nest
The housing market in ZIP 87718 is characterized by a small, aging population with a median age of 64.1 years. Current market data for active inventory, days on market, and price trends are not published at the ZIP level. The area remains an affordable, rural retirement-focused community with a median home value of $170,700.
Median prices moved up 170.7% year over year.
Homes spend a median of 171 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 31.1% · poverty 22.6% — elevated distress and economic pressure.
ZCTA 87718, Colfax County NM
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (New Mexico) — New Mexico Ad Valorem Property Tax: Tax is calculated by applying a tax rate (expressed in mills) to the net taxable value. The net taxable value is defined as one-third (33.33%) of the taxable value of the property.
Data retrieved from US Census Bureau ACS 5-Year Estimates via US5 and CensusDepth.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.