The story of this market
The typical home in ZIP 87527 sells for about $399,000, or $245 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 87527 — Dixon
The housing market in 87527 is characterized by low inventory and very low sales volume, typical of a rural, stable community. Prices have seen modest appreciation, but the market remains quiet with long days on market. No major developments are planned, and the area remains a niche destination for those seeking rural isolation.
This area is best suited for those seeking a rural, artistic lifestyle, including retirees and remote workers who prioritize natural beauty over proximity to urban employment centers.
Median prices moved up 2.4% year over year.
Homes spend a median of 112 days on market with 13.5 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 14.5% — 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 7.1%/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 4.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 87527, Rio Arriba County, NM
The area is subject to wildfire risk common to the high-desert terrain of Northern New Mexico.
Economic activity is primarily driven by local arts, agriculture, and tourism, with limited large-scale industrial development.
Property taxes are assessed by Rio Arriba County; rates are generally low compared to national averages, reflecting the rural nature of the jurisdiction.
Commuting typically requires personal vehicle travel to employment hubs in Española or Santa Fe, often involving significant drive times.
The area offers access to the Rio Grande, local art galleries, and proximity to hiking trails in the surrounding Sangre de Cristo Mountains.
The rental market is limited with low turnover, primarily consisting of single-family homes and small casitas.
The local economy is heavily reliant on small-scale agriculture, the arts, and tourism-related services.
Public transit is virtually non-existent; residents rely entirely on private vehicles for transportation.
No major commercial or residential developments are currently reported for this rural ZIP code.
Rio Arriba County Assessor manages property valuations based on market sales and state-mandated assessment cycles.
Parcels are served by local school districts and rural fire protection districts.
Insurance premiums are influenced by the high wildfire risk profile of the region.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
Provides recreational access for fishing and rafting.
A well-known local community of artists and galleries.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.