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ZIP 87197
Housing & Real Estate

ZIP 87197 — Housing & Real Estate

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

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Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 87197

Median Home Value

$215,600

Median Rent

$861

Affordability Snapshot

$59,000

Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,385/mo PITI).

18%

Rent-to-Income Ratio

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

3.7x

Home Price-to-Income Ratio

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

20.9 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 87197, a household would need roughly $59,000 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 $1,385. That is roughly in line with the local median household income ($58,175). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel

Housing Metrics

Owner Occupied

50.1%-23% vs US avg

Vacancy Rate

6.6%-36% vs US avg

Broadband Access

83.0%-5% vs US avg

4+ Bedrooms

0.0%

Built Pre-1939

15.1%+18% vs US avg

Built Post-2014

2.8%-60% vs US avg

Rent Burden >30%

36.1%-27% vs US avg

Mortgage-Free

39.1%+2% vs US avg

$215,600

Home Value

$861

Rent

1964

Year Built

2017

Moved In

Residents have lived here since ~2017 on average

Housing Structure

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

1-unit detached67.6%
1-unit attached2.5%
2-9 units13.0%
10+ units16.6%
Mobile home & other0.4%

ZIP 87197 — Housing & Real Estate

Housing & Real Estate in ZIP Code 87197

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Housing & Real Estate key statistics