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Area data

Placitas, NM — ZIP 87043

Population: 4,223 (Census ACS)

The median home value in ZIP 87043 (Placitas, NM) is $646,868 — down 2.4% over the past year. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with lightning, drought, hail the top-rated hazards. Cost of living is 7.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$646,868

Median home value

-2.4%

1-year change

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$646,868
1-year appreciation
-2.4%
3-year appreciation
+0.5%
5-year appreciation
+19.4%
10-year appreciation
+66.9%
All-time peak (2025-01)
$667,999
House Price Index (state)
406.5 (+0.8% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

For-sale inventory
45
1-year forecast
+1.7%
New listings (monthly)
14

Source: recent area sales and market data (ZIP-level)

Affordability

Cost of living index (Below Average)
92.5 (100 = US avg)
Electricity rate (state-level)
15.1¢/kWh
Natural gas rate (state-level)
$9.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
lightning, drought, hail, heatWave, inlandFlooding
Notable hazard ratings (county)
coldWave: Relatively Low · drought: Relatively Moderate · earthquake: Relatively Low · hail: Relatively Moderate · heatWave: Relatively Moderate · inlandFlooding: Relatively Moderate
Wildfire risk to homes (county)
Higher than 87% of US counties
Buildings in wildfire direct-exposure zone
44.7%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
9.6 in
USDA plant hardiness zone
7b (extreme annual low 5 to 10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
44
Days with Good air quality
270
Days with Moderate air quality
70
Highest AQI recorded (year)
87

Source: EPA air quality data (nearest monitoring station, annual)

Amenities

National parks within ~60 mi
5
Nearest national park
Bandelier National Monument (20 mi)
National parks include
Bandelier National Monument, Valles Caldera National Preserve, Manhattan Project National Historical Park
Airports within 30 mi
2
Nearest airport
Los Alamos Airport (LAM) (27 mi)
Nearest major airport
Santa Fe Municipal Airport (SAF) (31 mi)
Hospitals nearby (~15 mi)
1,090
Hospitals include
MIZELL MEMORIAL HOSPITAL, CRENSHAW COMMUNITY HOSPITAL, CRENSHAW COMMUNITY HOSPITAL
Avg hospital rating (CMS)
3.1 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Good (5.5 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+984 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
2,000
Housing built before 1970
4.8%
Housing built 2000 or later
48.9%
Median annual property tax
$2,887
Mean commute to work
20 min
Households with broadband internet
84.8%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
25,406
Average weekly wage
$1,076
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
1,040

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 87043State medianUS median
Median home value$646,868$276,184$289,727
Median annual property tax$2,887$929$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 87043?
$646,868.
What is the natural-hazard risk in ZIP 87043?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: lightning, drought, hail, heatWave, inlandFlooding.
What is the wildfire risk in ZIP 87043?
Risk to homes is higher than 87% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 87043?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 87043?
No current or proposed National Priorities List sites within 5 miles (EPA).
What is the air quality in ZIP 87043?
Good. Median AQI: 44. (EPA AQI).
What is the cost of living in ZIP 87043?
Regional Price Parity: 92.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents