Housing Prices in 88318, NM

How much do homes in 88318, NM cost?

Median List Price

$459,000

$258/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$41,000(-8.2%)

Key Takeaway

The list price of homes in 88318 has decreased by 8.2% since last year.

Summary: The median home list price in 88318 was $459,000 in November 2024, down 8.2% from the previous year, and the median price per square foot was $258.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$450K
N/A
3 $500K$425K
-15.0%
4 -$459K
N/A
5+ --
N/A

Summary: 88318 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 88318, NM

How many homes are available in 88318, NM?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
440.0%

Summary: The 88318 real estate market had 4 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 88318 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 88318, NM

How long does it take to sell a home in 88318, NM?

Average Listing Age

Nov 2023Nov 2024CHANGE
190 Days228 Days+19.8%

Summary: Homes in 88318 had an average listing age of 228 days in Nov 2024, up by 19.8% compared to the previous year.

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

Report Updated 21 Days Ago

Newest Listings in 88318, NM

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