Zip lookup · NM

87042
Peralta, New Mexico.

Peralta, Valencia County, NM · Albuquerque, NM metro · population 3,410

What it costs per month · 87042 $2,135/mo

to buy the typical home at today's mortgage rate — +$1,155 (+118%) since Jan 2020.

What the home itself did
1 year
Up $7,841 +2%
$398,828$406,669 since Sep 2025
5 years
Up $85,099 +26%
$321,570$406,669 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 87042 $2,135 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 87042$2,135
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 15 years.

Typical home values in zip 87042 rose 2.0% over the past year — faster than the nation's +1.2%.

Zillow also publishes an index for the city itself: Peralta, NM — measured over the city limits, which is a different area from this zip.

Typical home value $406,669 as of Sep 2026
+2.0%year on year

Typical home value — 87042

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $300,000 $400,000 2018 2020 2022 2024 2026 87042 $406,669 Albuquerque $348,674 United States $366,157
$200,000 $300,000 $400,000 2018 2022 2026
  • 87042$406,669
  • Albuquerque$348,674
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
4.0 87031 Los Lunas 47,514 $2,040 $330,491
5.7 87068 Bosque Farms 5,432 — $422,587
11.5 87105 Albuquerque 54,367 $1,419 $280,356
13.1 87106 Albuquerque 26,953 $1,409 $364,902
15.4 87002 Belen 21,265 $1,425 $269,389
16.6 87121 Albuquerque 75,510 $1,611 $290,912
17.6 87102 Albuquerque 20,123 $1,133 $245,279
17.9 87108 Albuquerque 36,331 $962 $281,979
19.0 87104 Albuquerque 12,853 $1,730 $355,748

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.