Zip lookup · NM

87421
Waterflow, New Mexico.

Waterflow, San Juan County, NM · Farmington, NM metro · population 1,468

What it costs per month · 87421 $1,232/mo

to buy the typical home at today's mortgage rate — +$605 (+97%) since Feb 2021.

What the home itself did
1 year
Up $29,444 +14%
$205,264$234,708 since Sep 2025
5 years
Up $40,957 +21%
$193,751$234,708 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 87421 $1,232 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 87421$1,232
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 18 years.

Typical home values in zip 87421 rose 14.3% over the past year — faster than the nation's +1.2%.

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

Typical home value $234,708 as of Sep 2026
+14.3%year on year

Typical home value — 87421

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $250,000 $300,000 $350,000 2021 2022 2023 2024 2025 2026 87421 $234,708 Farmington $273,561 United States $366,157
$200,000 $250,000 $300,000 $350,000 2022 2024 2026
  • 87421$234,708
  • Farmington$273,561
  • United States$366,157

Within 20 miles

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