87732, Mora, NM

There are a number of factors that affect home prices in any given area. In Mora, NM, the most important factors are the availability of land and the quality of the construction. Additionally, Mora is located in a desirable part of the country, which also contributes to its high home prices.

The Mora 87732 zip code has a median home value of $269,000. This is significantly higher than the national median home value of $177,500. The majority of homes in this zip code are single-family dwellings. However, there is also a significant amount of multifamily housing available.

Mora's high home values reflect both its desirable location and quality construction. The area is located just south of Albuquerque and close to several tourist destinations (including Taos Pueblo and Santa Fe). Additionally, Mora's construction standards are very high; many homes in this zip code were built before 1990. Consequently, homes in this zip code are typically well-maintained and have plenty of features (such as updated kitchens and bathrooms) that make them comfortable to live in.

Despite Mora's high home values, there is still plenty of opportunity for buyers who want to purchase a home here. The average list price for homes in this zip code was $269K as of March 2019 – which is below the national average list price ($314K). Additionally, there are currently only 3 active listings on Zillow within this zip code – indicating that demand for properties here remains strong!