The story of this market
The typical home in ZIP 87042 sells for about $445,000, or $152 per square foot.
Prices are up +32.8% from a year ago, so sellers still have some momentum. Homes take about 23 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,384 a month.
ZIP 87042 — Peralta
The 87042 housing market is highly competitive with limited inventory, driving significant year-over-year price appreciation. Figures for rent, tax rates, and specific demographic breakdowns were not available at the ZIP level. Market activity is driven by demand for rural-style living within commuting distance of Albuquerque.
This ZIP fits family buyers and those seeking a rural, quiet lifestyle with space for horses or gardening, while remaining within reach of Albuquerque's amenities.
Median prices moved up 32.8% year over year.
Homes spend a median of 23 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100.1% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 87042, Valencia County NM
Residents typically commute toward the Albuquerque employment core via highway corridors.
The area features rural landscapes and proximity to the Rio Grande, with local parks and community spaces available.
The local economy is largely residential and agricultural, with residents primarily commuting to the broader Albuquerque metropolitan area for employment.
Transportation is primarily automobile-dependent, relying on state highways for access to the Albuquerque metro area.
Data not available via current ACS ZCTA-level extracts.
- Round1 Bowling & Arcade - Albuquerque4.219.8 mi
- Electric Playhouse4.219.3 mi
- Dave & Buster's Albuquerque4.119.7 mi
- Escape the Room Albuquerque4.920 mi
- ABQ Rage Room4.819.5 mi
- Isleta Amphitheater4.411.8 mi
- Albuquerque Convention Center4.317.6 mi
- RGCU Field at Isotopes Park4.716.6 mi
- Expo New Mexico4.318.3 mi
- Popejoy Hall4.617.6 mi
- Valle de Oro National Wildlife Refuge4.510.1 mi
- Starlight Cinema4.44.9 mi
- Tomé Hill Park4.55.8 mi
- Gutierrez-Hubbell House4.810.8 mi
- Huning Ranch Park4.55.3 mi
- Valle de Oro National Wildlife Refuge4.510.1 mi
- Tomé Hill Park4.55.8 mi
- Huning Ranch Park4.55.3 mi
- Riverside Park4.42.8 mi
- Durand Open Space4.611.8 mi
- Isleta Golf Club4.17.5 mi
- Smith's4.12 mi
- Ross Dress for Less4.22.3 mi
- Valencia -Y-Center4.32.1 mi
- Albuquerque International Sunport4.414.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides scenic views and recreational access along the eastern border of the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.