Housing Prices in 88081, NM

How much do homes in 88081, NM cost?

Median List Price

$200,000

$114/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

+$59,050(+41.9%)

Key Takeaway

The list price of homes in 88081 has increased by 41.9% since last year.

Summary: The median home list price in 88081 was $200,000 in December 2024, up 41.9% from the previous year, and the median price per square foot was $114.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $87.5K$377K
+330.9%
3 $132K$180K
+36.4%
4 $240K$239K
-0.4%
5+ $205K$245K
+19.5%

Summary: 88081 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 330.9%, 3 bedroom homes increased by 36.4%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 19.5%.

Median List Price Compared To Nearby Zip Codes

88081
+41.9%
88021
+27.1%
79934
+4.3%

Housing Supply in 88081, NM

How many homes are available in 88081, NM?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
12120.0%

Summary: The 88081 real estate market had 12 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 54
-20.0%
4 56
+20.0%
5+ 11
0.0%

Summary: The 88081 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Days on Market for 88081, NM

How long does it take to sell a home in 88081, NM?

Average Listing Age

Dec 2023Dec 2024CHANGE
156 Days169 Days+8.8%

Summary: Homes in 88081 had an average listing age of 169 days in Dec 2024, up by 8.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in 88081, NM

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