87557 — Taos County, New Mexico Market Snapshot
Housing market data for zip code 87557 in Taos County, New Mexico. Updated monthly with median prices, days on market, and more.
Market Sales Data
18 sales in 2026 (year to date)
Median Sale Price
$550,801
Days to Sell
114
Homes Sold
18
Inventory
40
Sale-to-List
96.6%
New Listings
24
Price/SqFt
$305
Pending Sales
19
Within Conforming Limit Estimate
At 5% down, the estimated base loan for the $550,801 median-priced home in 87557 is $523,261. The 2026 conforming limit is $832,750. The limit applies to the loan amount, not the home price. This estimate does not determine loan eligibility, approval, rate, fees, or mortgage insurance.
Market Insights
Market Temperature
The median listing-to-close time for the reported sales in 87557 is 114 days. Use this measure with the sale count, property type, condition, price range, and inventory. It does not predict competition or negotiation results for a specific home.
Sale-to-List Ratio
The reported average sale-to-list ratio in 87557 is 96.6%, or 3.4% below the last list price. This aggregate does not predict negotiation results for a specific home.
Conforming Loan Feasibility
At 5% down, the estimated base loan for the $550,801 median-priced home in 87557 is $523,261. The 2026 conforming limit is $832,750. The limit applies to the loan amount, not the home price. This estimate does not determine loan eligibility, approval, rate, fees, or mortgage insurance.
Loan limits in 87557 are set at the county level.
2026 Loan Limits — Taos County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 87557
To purchase the median home at $550,801 with 5% down at the assumed 6.75% rate, the estimated monthly payment is approximately $4,588.
Monthly Payment
$4,588
Income Required
$196,632
Principal & Interest
$3,394/mo
Property Tax
$826/mo
Home Insurance
$150/mo
Estimated PMI
$218/mo
Down Payment (5%)
$27,540
Assumes a 30-year fixed loan at 6.75%, 1.8% property tax, $1,800 annual insurance, and a 28% housing-to-income planning ratio. Planning estimate only. The income figure divides the displayed monthly housing estimate by a 28% housing-to-income ratio. It is not an approval rule. The mortgage insurance estimate uses 0.5% of the loan amount per year. Actual rates, taxes, insurance, mortgage insurance, HOA or condo dues, closing costs, repairs, utilities, other debts, and approval rules can differ. Compare actual terms and your Loan Estimate.
Mortgage Calculator
Estimate your monthly payment for a home in 87557.
Estimated Monthly Payment
$3,559
Estimates only. Actual payments, taxes, insurance, mortgage insurance, rates, and loan terms can differ. This calculator is not a loan offer.
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 87557. Tell us what you're looking for.