Homes For Sale & Real Estate in 87540

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87540 Real Estate Insights

ZIP code 87540 is located in Galisteo, New Mexico.

Expect to find more academically charged activities, as ZIP code 87540 is home to a high percentage of college-educated adults. Married couples are few and far between here, so any party you get invited to will likely be full of singles.

In ZIP code 87540, the average listing price is currently at $954,000 this year. However, this figure represents a noticeable 6.7 percent drop from the year prior, and declining prices could help new buyers enter the market more comfortably in the near future. Inventory increased year-over-year, albeit minimally at 9.1 percent, from 11 to 12 listings. Nonetheless, a bigger scope allows buyers interested in this vicinity more options when narrowing down their search based on personal criteria. Many properties in this location have very attractive outdoor landscaping that contributes to making the entire area a pleasant place for everyone. Enjoy a cozy night by the fire in the various homes in this area which feature real fireplaces.