87042 — Peralta, NM Home Values
Typical home value $415,955 as of June 2026 · 10th of 38 in Albuquerque, NM
Blue: typical home value (Zillow ZHVI) in ZIP code 87042, June 2021 to June 2026. This page shows observed data only; no forecast.
How 87042 compares in the Albuquerque, NM area
ZIP code 87042 (Peralta, NM) has a typical home value of $415,955 as of June 2026, ranking 10th of 38 ZIP codes tracked in the Albuquerque, NM area, more expensive than about 76% of ZIP codes in the metro. Prices here have moved +4.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +27.9%, from $325,329 in June 2021 to $415,955 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Albuquerque, NM forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Albuquerque.
Population and demographics
ZIP code 87042 has a population of 3,456, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 60.4% Hispanic or Latino, 37.9% White, and 1.7% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| PERALTA ELEMENTARY | 3645 HWY 47, LOS LUNAS, NM | 0.3 mi |
| LOS LUNAS FAMILY SCHOOL | 111 MONICA ROAD, LOS LUNAS, NM | 1.5 mi |
| VALENCIA ELEMENTARY | 111 MONICA RD, LOS LUNAS, NM | 1.5 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 87042?
$415,955 as of June 2026, the latest month Zillow has published observed data for.
Is 87042 an expensive ZIP code in the Albuquerque, NM area?
87042 ranks 10th of 38 ZIP codes in the Albuquerque, NM area by typical home value, more expensive than about 76% of ZIP codes in the metro.
How much have home values in 87042 changed over the past year?
+4.3% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 87042?
3,456, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 87042?
PERALTA ELEMENTARY (0.3 mi), LOS LUNAS FAMILY SCHOOL (1.5 mi), VALENCIA ELEMENTARY (1.5 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 87042?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Albuquerque, NM forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.