ZIP Code Market Report
87571 โ Taos, NM
Data through February 2026 ยท Updated monthly
Avg Home Value
$432,201
โผ 2.0% year-over-year
Month-over-Month
+0.3%
โฒ 0.3%
Single Family
$435,600
Condo / Co-op
$349,445
The average home value in the 87571 ZIP code (Taos, New Mexico) is $432,201 as of February 2026. Home prices are declining, down 2.0% compared to last year.
A 3-bedroom home in 87571 is valued at $587,038. Single-family homes average $435,600, while condos average $349,445.
The market in 87571 has a $350,859 spread between bottom-tier homes at $300,092 and top-tier homes at $650,951. 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 87571 ZIP code will increase 0.0% over the next 12 months. 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
87571 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 | $433,538 | $431,110 | $432,201 | โผ 0.3% |
| Single Family Value | $433,085 | $433,421 | $435,600 | โฒ 0.6% |
Home Values
87571 Home Value Trend
Historical home values for ZIP code 87571. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI ยท Updated monthly
By Bedroom
What Homes Cost in 87571
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $445,925 |
| 3 Bedrooms | $587,038 |
Property Types
Home Values by Property Type in 87571
How different property types compare in this ZIP code.
All Homes
$432,201
Single Family
$435,600
Condo / Co-op
$349,445
Bottom Tier
$300,092
Top Tier
$650,951
Forecast
12-Month Home Value Forecast for 87571
Zillow projects home values in 87571 will increase 0.0% over the next year.
Current Value
$432,201
Projected Change
0.0%
โฒ 0.0%
Projected Value
--
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 87571 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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