The story of this market
The typical home in ZIP 87035 sells for about $285,000, or $185 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 87035 — Moriarty
The housing market in 87035 remains stable with modest price appreciation and limited inventory. Market activity is driven by buyers seeking affordability relative to the Albuquerque metro area, though the pace of sales is tempered by the rural nature of the geography.
This ZIP is best suited for family buyers and those seeking a rural-suburban lifestyle who are willing to commute to the Albuquerque metro area for employment.
Median prices moved up 2.1% year over year.
Homes spend a median of 68 days on market with 5.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.2% · poverty 15.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 87035, Torrance County NM
Schools in the Moriarty-Edgewood School District generally serve the area, with performance metrics varying by individual campus.
The area is subject to high-desert climate risks, including wildfire potential and wind events; flood risk is generally low but localized.
Economic momentum is driven by its position as a rural-suburban hub for the Albuquerque metro area, with growth centered on local services and regional transit access.
Property taxes are assessed by Torrance County based on local millage rates; there are no specific municipal income taxes, and exemptions for primary residences apply per state law.
Commuting to the Albuquerque employment core typically involves a 35-45 minute drive via I-40.
Local amenities include community parks, access to high-desert trails, and proximity to regional outdoor recreation areas in the Manzano Mountains.
The rental market is characterized by limited inventory and moderate demand, primarily serving local workers and those seeking lower-cost housing outside the Albuquerque urban core.
The economy is primarily supported by local government, retail, and agricultural services, with many residents commuting to the Albuquerque metro area.
I-40 serves as the primary transit corridor connecting the area to the Albuquerque metro region.
Development is primarily focused on low-density residential expansion and small-scale commercial growth along the highway corridor.
Torrance County Assessor manages property valuations based on market-value assessments.
Parcels are subject to Moriarty-Edgewood School District taxes and local utility district assessments.
Property insurance premiums are influenced by regional wildfire risk and high-desert weather patterns.
New Mexico is a judicial foreclosure state.
Sellers are required to provide a property disclosure statement covering known material defects.
Data retrieved from Census Reporter ZCTA 87035 profile.
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.
- Wildlife West Nature Park4.712.6 mi
- Lewis Antique Auto & Toy Museum4.62.3 mi
- Lewis Antique Auto & Toy Museum4.62.3 mi
- Moriarty City Park4.32.8 mi
- Smith's4.211.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Central community green space.
Local history and cultural exhibits.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.