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Placitas CDP, NM

ZIP 87043 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 87043

Median Home Value
$520,200
Median Rent
$1,821
Affordability Snapshot
$143,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,342/mo PITI).

20%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.7x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

23.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 87043 in Placitas CDP, NM, a household would need roughly $143,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,342. That is about 30% above the local median household income ($110,268), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
91.6%+40% vs US avg
x
Vacancy Rate
7.2%-31% vs US avg
x
Broadband Access
93.6%+8% vs US avg
x
4+ Bedrooms
3.1%-79% vs US avg
x
Built Pre-1939
0.0%
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
10.9%-78% vs US avg
x
Mortgage-Free
46.0%+20% vs US avg
x
$520,200
Home Value
$1,821
Rent
1999
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached96.9%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units0.6%
  • Mobile home & other2.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$520,200
Median rent$1,821
Owner-occupied91.6%
Vacant7.2%
Price-to-income4.7x
Est. income to buy$143,000