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South Valley CDP, NM

ZIP 87105 — Housing & Real Estate

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

Working ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 87105

Median Home Value
$200,300
Median Rent
$789
Affordability Snapshot
$55,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,287/mo PITI).

19%
Rent-to-Income Ratio

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

4.0x
Home Price-to-Income Ratio

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

21.2 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 87105 in South Valley CDP, NM, a household would need roughly $55,000 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 $1,287. That is roughly in line with the local median household income ($49,928). 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
75.0%+15% vs US avg
x
Vacancy Rate
7.1%-31% vs US avg
x
Broadband Access
79.4%-9% vs US avg
x
4+ Bedrooms
3.2%-78% vs US avg
x
Built Pre-1939
8.0%-38% vs US avg
x
Built Post-2014
0.7%-89% vs US avg
x
Rent Burden >30%
26.2%-47% vs US avg
x
Mortgage-Free
47.2%+24% vs US avg
x
$200,300
Home Value
$789
Rent
1971
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached77.9%
  • 1-unit attached3.1%
  • 2-9 units5.7%
  • 10+ units2.2%
  • Mobile home & other11.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$200,300
Median rent$789
Owner-occupied75.0%
Vacant7.1%
Price-to-income4.0x
Est. income to buy$55,000