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Sarah Mitchell
Compass Real Estate · ZIP 87547
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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87547 ZIP Code Housing Market
$595,700median sale price
What is the 87547 housing market like right now?
The median home sale price in ZIP code 87547 is $595,700, down 3.8% year-over-year. Homes sell in an average of 33 days with 14 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 87547 ZIP code a buyer's or seller's market?
ZIP code 87547 is currently a balanced market and homes selling in about 33 days. How we determine this →
What are the latest 87547 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $595,700 |
| Median list price | $549,000 |
| Year-over-year price change | -3.8% |
| Average days on market | 33 days |
| Active inventory | 14 listings |
| Sale-to-list price ratio | 100.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 87547 zip code, located in White Rock, NM, is currently classified as a balanced market. The median sale price stands at $595,700, representing a -3.8% change year over year. Homes in this area spend an average of 33 days on the market before going under contract. There are currently 14 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 87547 sits in the White Rock, NM area, roughly 0.2 miles from downtown White Rock. Because home prices are set street by street, this ZIP can move differently from White Rock's citywide averages. The figures below reflect 87547 specifically — drawn from Redfin transactions, U.S. Census data for its 5,837 residents, and Zillow value estimates.
Homes sold
35
Last 12 weeks
Days on market
33
Average pace
Active listings
14
Sale-to-list
100.4%
Above asking
What is driving the 87547 housing market?
The 87547 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 100.4% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 87547 have declined -3.8% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 87547 stands at $603,605, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 87547?
Population
5,837
Median income
$156,444/yr
Median age
41.8 years
Owner-occupied
97.6%
College grads
71.0%
What is it like living in 87547?
Zip code 87547 is home to approximately 5,837 residents. The median household income is $156,444 per year, which shapes the types of homes and amenities available in the area. With a median age of 41.8 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 97.6% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 71.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 87547.
Which public schools serve ZIP 87547?
2 schools tracked · 654 students
The largest public schools serving ZIP code 87547 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
PINON ELEMENTARY
Grades PK-6 · 352 students
CHAMISA ELEMENTARY
Grades PK-6 · 302 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 87547
What is the median home price in 87547?
The current median sale price in 87547 is $595,700, based on recent Redfin transaction data. Prices have changed -3.8% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 87547 a buyer's or seller's market?
The 87547 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 87547?
Zip code 87547 has a population of approximately 5,837 residents. The median household income is $156,444 per year. About 97.6% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 87547?
Properties Incorporated provides comprehensive data for 87547 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 87547 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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