ZIP Code Market Report
87529 — Taos, NM
Data through February 2026 · Updated monthly
Avg Home Value
$492,953
▼ 1.7% year-over-year
Month-over-Month
-0.2%
▼ 0.2%
Single Family
$510,990
Condo / Co-op
$293,445
The average home value in the 87529 ZIP code (Taos, New Mexico) is $492,953 as of February 2026. Home prices are declining, down 1.7% compared to last year.
The market in 87529 has a $415,856 spread between bottom-tier homes at $327,480 and top-tier homes at $743,335. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 87529 ZIP code will decrease 0.1% over the next 12 months, bringing the projected average to approximately $492,460. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Taos County market area in New Mexico. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Taos County report.
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Market Snapshot
87529 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $499,056 | $493,798 | $492,953 | ▼ 1.2% |
| Single Family Value | $508,641 | $509,536 | $510,990 | ▲ 0.5% |
Home Values
87529 Home Value Trend
Historical home values for ZIP code 87529. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 87529
How different property types compare in this ZIP code.
All Homes
$492,953
Single Family
$510,990
Condo / Co-op
$293,445
Bottom Tier
$327,480
Top Tier
$743,335
Forecast
12-Month Home Value Forecast for 87529
Zillow projects home values in 87529 will decrease 0.1% over the next year, reaching approximately $492,460.
Current Value
$492,953
Projected Change
-0.1%
▼ 0.1%
Projected Value
$492,460
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 87529 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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