Zip lookup · NM

87538
Pecos, New Mexico.

Pecos, San Miguel County, NM · Las Vegas, NM metro · population 467

What it costs per month · 87538 $1,537/mo

to buy the typical home at today's mortgage rate — +$600 (+64%) since Feb 2022.

What the home itself did
1 year
Up $25,174 +9%
$267,690$292,864 since Sep 2025

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 87538 $1,537 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 87538$1,537
  • United States$1,922

Typical home values in zip 87538 rose 9.4% over the past year — faster than the nation's +1.2%.

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

Typical home value $292,864 as of Sep 2026
+9.4%year on year

Typical home value — 87538

Mid-tier homes, smoothed and seasonally adjusted.

$250,000 $300,000 $350,000 2022 2023 2024 2025 2026 87538 $292,864 Las Vegas $247,129 United States $366,157
$250,000 $300,000 $350,000 2022 2024 2026
  • 87538$292,864
  • Las Vegas$247,129
  • United States$366,157

Within 20 miles

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