ZIP 87416

ZIP 87416 is in the Farmington, NM market. Market numbers below; the ZIP's rank is on the map.

Median cap rate

: 3.2%.

Median IRR

: 2.4%.

Median list price

: $365,000.

Appreciation

: 3.2%/yr .

Rent growth

: 2.8%/yr .

Sources: FHFA House Price Index® (developmental annual index), U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public listings under system-default underwriting, updated October 2026.