The story of this market
The typical home in ZIP 87036 sells for about $245,000, or $168 per square foot.
Prices are up +1.2% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $832 a month.
ZIP 87036 — Mountainair
The housing market in ZIP 87036 remains stable with low transaction volume and limited inventory. Prices have seen modest growth, driven by local demand rather than speculative investment. The market is characterized by long days on market and a reliance on local buyers seeking rural affordability.
This ZIP is best suited for buyers seeking a quiet, rural lifestyle, retirees, or those who prioritize affordability over proximity to urban employment centers. It is less ideal for commuters or those requiring immediate access to major city amenities.
Median prices moved up 1.2% year over year.
Homes spend a median of 58 days on market with 9.2 months of supply — a slower-moving market.
18% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.8% · poverty 14.4% — a mixed stability 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 6.8%/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 6.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 87036, Torrance County NM
Crime rates in Mountainair are generally lower than the national average, though property crime remains the primary concern for residents. The area is considered safer than larger urban centers in the Albuquerque metro region.
Schools in the area are part of the Mountainair Public Schools district, which serves a small, rural student population. Academic performance is generally rated as below average compared to state benchmarks.
The area faces moderate wildfire risk due to its proximity to the Manzano Mountains and surrounding forest lands. Residents are encouraged to maintain defensible space around properties.
Economic momentum is limited, with the local economy primarily driven by agriculture, small-scale tourism, and regional services. There is minimal large-scale commercial development currently underway.
Property taxes are assessed by Torrance County based on the local mill rate, which includes levies for school districts and county services. There are no special MUD or PID districts commonly found in newer master-planned developments.
Commuting to the Albuquerque employment core is a significant drive, typically taking 60 to 75 minutes via NM-55 and NM-337. Public transit options are not available for this commute.
The area offers immediate access to the Cibola National Forest for hiking and outdoor recreation. Local amenities are sparse, with basic shopping and dining options located within the town of Mountainair.
The rental market is characterized by low inventory and limited turnover, with most rentals consisting of single-family homes. There is minimal presence of institutional investors or short-term rental platforms.
The local economy is primarily supported by local government, education, and agricultural activities. It lacks a large corporate employer base, with most residents working in regional service roles.
Transportation is entirely dependent on private vehicles, with no public transit infrastructure serving the area. The primary access route is NM-55.
There are no major commercial or residential developments currently approved or under construction in the ZIP code.
Torrance County Assessor manages property valuations, which are updated periodically based on market sales data.
Parcels are subject to standard county and school district taxes; no specialized utility or improvement districts are prevalent.
Property insurance premiums are influenced by wildfire risk, with many carriers requiring specific mitigation efforts for coverage.
New Mexico is a judicial foreclosure state, requiring court action to complete the foreclosure process.
Sellers are required to provide a written disclosure statement regarding the condition of the property to potential buyers.
Data retrieved from data.census.gov ZCTA-level tables.
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.
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides extensive trails and outdoor recreation opportunities.
A major regional cultural and historical landmark.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.