The story of this market
The typical home in ZIP 87710 sells for about $577,500, or $358 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 146 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 87710 — Angel Fire
The Angel Fire housing market remains stable, driven by strong demand for mountain resort properties and a limited supply of inventory. While days on market have increased, prices remain resilient due to the area's appeal as a year-round destination. Data for specific metrics like exact months of supply and price cut percentages are derived from regional market trends as precise ZIP-level reporting is limited.
This ZIP is ideal for second-home buyers, outdoor enthusiasts, and retirees seeking a mountain lifestyle, as the market is dominated by resort-oriented properties rather than primary-residence commuters.
Median prices moved up 3.2% year over year.
Homes spend a median of 146 days on market with 16.0 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 4.1% · poverty 13.2% — 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 8.2%/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 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 87710, Colfax County NM
Crime rates in Angel Fire are generally low, reflecting its status as a small, mountain-resort community with a strong emphasis on tourism and seasonal residency.
The area is served by the Cimarron Municipal School District, which provides education for the local population; school quality is generally considered consistent with rural New Mexico standards.
The region faces significant wildfire risk due to its high-altitude forested environment, and property insurance premiums are influenced by these environmental factors.
Economic momentum is driven primarily by the Angel Fire Resort, which anchors the local economy through year-round tourism, skiing, and mountain biking activities.
Property taxes are assessed by Colfax County; the area is subject to standard state and local levies, with no specific municipal income tax, though special assessments may apply for resort-area infrastructure.
Commuting is primarily local or involves travel to nearby Taos; the area is remote, and residents rely on mountain highways for access to regional employment hubs.
The area is a premier destination for outdoor recreation, featuring the Angel Fire Resort for skiing and mountain biking, Monte Verde Lake for fishing, and extensive hiking trails in the surrounding Carson National Forest.
The rental market is heavily influenced by seasonal demand and short-term vacation rentals, leading to limited long-term inventory for year-round residents.
The economy is almost entirely dependent on the tourism and hospitality sector, with Angel Fire Resort serving as the primary employer and economic driver.
Transportation is limited to private vehicles; there is no public transit infrastructure, and access is via mountain highways.
Development is strictly managed by local zoning to preserve the mountain aesthetic, with limited new large-scale commercial projects.
The Colfax County Assessor manages property valuations, with assessments typically reflecting market-based adjustments for resort-area properties.
Parcels may be subject to specific resort-area improvement districts and local utility service fees.
Property insurance is a critical consideration due to high wildfire risk, with premiums reflecting the remote, forested nature of the ZIP code.
New Mexico is a judicial foreclosure state, requiring court intervention for the foreclosure process.
New Mexico requires sellers to provide a property disclosure statement detailing known material defects.
Data retrieved from Census Reporter and ACS 2024 profiles.
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.
Major year-round destination for skiing, golf, and mountain biking.
Popular spot for fishing, paddleboarding, and picnicking.
Provides extensive access to hiking, camping, and wilderness trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.