87701 — Las Vegas, NM Home Values
Typical home value $240,364 as of June 2026 · 6th of 7 in Las Vegas, NM
Blue: typical home value (Zillow ZHVI) in ZIP code 87701, June 2021 to June 2026. This page shows observed data only; no forecast.
How 87701 compares in the Las Vegas, NM area
ZIP code 87701 (Las Vegas, NM) has a typical home value of $240,364 as of June 2026, ranking 6th of 7 ZIP codes tracked in the Las Vegas, NM area, more expensive than about 29% of ZIP codes in the metro. Prices here have moved +10.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +21.6%, from $197,604 in June 2021 to $240,364 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Las Vegas, NM forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Las Vegas.
Population and demographics
ZIP code 87701 has a population of 17,864, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 79.3% Hispanic or Latino, 14.7% White, 2% American Indian or Alaska Native, 1.1% Black or African American, 1.1% two or more races, 0.9% Asian, and 0.9% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| UNION ELEMENTARY | 421 UNION ST, LAS VEGAS, NM | 16.5 mi |
| MEMORIAL MIDDLE | 1236 5TH STREET, LAS VEGAS, NM | 16.5 mi |
| ROBERTSON HIGH | 1236 5TH STREET, LAS VEGAS, NM | 16.5 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 87701?
$240,364 as of June 2026, the latest month Zillow has published observed data for.
Is 87701 an expensive ZIP code in the Las Vegas, NM area?
87701 ranks 6th of 7 ZIP codes in the Las Vegas, NM area by typical home value, more expensive than about 29% of ZIP codes in the metro.
How much have home values in 87701 changed over the past year?
+10.9% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 87701?
17,864, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 87701?
UNION ELEMENTARY (16.5 mi), MEMORIAL MIDDLE (16.5 mi), ROBERTSON HIGH (16.5 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 87701?
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 Las Vegas, 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.