The story of this market
The typical home in ZIP 87072 sells for about $391,000, or $215 per square foot.
Prices are up +2.8% from a year ago, so sellers still have some momentum. Homes take about 31 days to sell. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 87072 — Cochiti Lake
The housing market in 87072 is characterized by low inventory and limited turnover, reflecting its unique status within the Cochiti Pueblo. Prices have seen modest appreciation consistent with the broader Albuquerque region, though the market remains highly localized and distinct from urban trends. Data points for specific ZIP-level metrics like active inventory and sales counts are estimated based on regional market activity.
This ZIP is best suited for those seeking a rural, high-desert lifestyle with proximity to outdoor recreation, rather than commuters or investors looking for high-turnover urban assets.
Median prices moved up 2.8% year over year.
Homes spend a median of 31 days on market with 3.0 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.6% · poverty 14.0% — a stable, low-distress 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 7.2%/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 7.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 87072, Sandoval County NM
The area faces moderate wildfire risk and standard regional wind exposure common to the high desert of Sandoval County.
Development is limited by the geography of the Cochiti Pueblo; economic momentum is largely tied to regional employment in Albuquerque and Santa Fe.
Property taxes are assessed by Sandoval County; the area is subject to standard New Mexico property tax levies with no specific local MUD/PID districts reported.
Commuting requires significant drive time to reach the Albuquerque or Santa Fe employment cores, typically exceeding 45 minutes.
The area is anchored by proximity to Cochiti Lake and the Kasha-Katuwe Tent Rocks National Monument, offering extensive outdoor hiking and water-based recreation.
The rental market is limited in depth due to the specific land-tenure status of the Pueblo, resulting in low inventory and stable, long-term occupancy.
The local economy is primarily supported by tribal operations and tourism, with residents largely commuting to the broader Albuquerque-Santa Fe metro area for professional employment.
Public transit is non-existent; the area relies entirely on private vehicle access via NM-22 and I-25.
There are no major commercial or residential developments currently approved or under construction within the ZIP code boundaries.
The Sandoval County Assessor manages property valuations, utilizing a mass appraisal system consistent with New Mexico state law.
Parcels are served by standard county-level services; no special utility or hospital districts are uniquely attached to this ZIP.
Property insurance premiums are rising due to regional wildfire risk and the high cost of rebuilding in remote, high-desert locations.
New Mexico is a judicial foreclosure state, requiring court intervention to complete the foreclosure process.
Sellers are required to provide a comprehensive property disclosure statement covering known material defects at the time of listing.
Data retrieved from ZCTA-level ACS tables; figures are estimates.
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.
- Bandelier National Monument Visitor Center4.811.4 mi
- Bandelier National Monument4.811.1 mi
- Kasha-Katuwe Tent Rocks National Monument4.73.9 mi
- La Cieneguilla Petroglyphs4.612.9 mi
- Bandelier National Monument Visitor Center4.811.4 mi
- Bradbury Science Museum4.617.8 mi
- El Rancho de las Golondrinas4.714 mi
- Tsankawi Unit - Bandelier National Monument4.717.6 mi
- Los Alamos History Museum4.717.8 mi
- Bandelier National Monument Visitor Center4.811.4 mi
- Bandelier National Monument4.811.1 mi
- Kasha-Katuwe Tent Rocks National Monument4.73.9 mi
- La Cieneguilla Petroglyphs4.612.9 mi
- Tetilla Peak Recreation Area4.33 mi
- Cochiti Golf Club4.12.8 mi
- Santa Fe Regional Airport (SAF)3.715.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major reservoir offering boating, fishing, and camping.
A unique geological site featuring cone-shaped rock formations and hiking trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.