87538 — Pecos, NM Home Values
Typical home value $301,814 as of August 2026 · 5th of 7 in Las Vegas, NM
Blue: typical home value (Zillow ZHVI) in ZIP code 87538, February 2022 to August 2026. This page shows observed data only; no forecast.
How 87538 compares in the Las Vegas, NM area
ZIP code 87538 (Pecos, NM) has a typical home value of $301,814 as of August 2026, ranking 5th of 7 ZIP codes tracked in the Las Vegas, NM area, more expensive than about 43% of ZIP codes in the metro. Prices here have moved +9.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +16.5%, from $258,969 in February 2022 to $301,814 in August 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 87538 has a population of 538, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 44.9% Hispanic or Latino, 34.7% two or more races, and 20.4% White.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| PECOS ELEMENTARY | NORTH NM HWY 63, PECOS, NM | 9.9 mi |
| PECOS MIDDLE | NORTH NM HWY 63, PECOS, NM | 10 mi |
| PECOS HIGH | NORTH NM HWY 63, PECOS, NM | 10.1 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 87538?
$301,814 as of August 2026, the latest month Zillow has published observed data for.
Is 87538 an expensive ZIP code in the Las Vegas, NM area?
87538 ranks 5th of 7 ZIP codes in the Las Vegas, NM area by typical home value, more expensive than about 43% of ZIP codes in the metro.
How much have home values in 87538 changed over the past year?
+9.9% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 87538?
538, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 87538?
PECOS ELEMENTARY (9.9 mi), PECOS MIDDLE (10 mi), PECOS HIGH (10.1 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 87538?
No. Every number on this page is observed Zillow data as of August 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.