Housing Prices in 88435, NM

How much do homes in 88435, NM cost?

Median List Price

$220,000

$154/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

+$55,000(+33.3%)

Key Takeaway

The list price of homes in 88435 has increased by 33.3% since last year.

Summary: The median home list price in 88435 was $220,000 in December 2024, up 33.3% from the previous year, and the median price per square foot was $154.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$147K
N/A
2 $35K$197.5K
+464.3%
3 $166K$215K
+29.5%
4 $859.7K$1.6M
+91.9%
5+ -$75K
N/A

Summary: 88435 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 464.3%, 3 bedroom homes increased by 29.5%, 4 bedroom homes increased by 91.9%, and 5+ bedroom homes did not change.

Housing Supply in 88435, NM

How many homes are available in 88435, NM?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
770.0%

Summary: The 88435 real estate market had 7 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 21
-50.0%
3 12
+100.0%
4 33
0.0%
5+ 11
0.0%

Summary: The 88435 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 decreased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 88435, NM

How long does it take to sell a home in 88435, NM?

Average Listing Age

Dec 2023Dec 2024CHANGE
111 Days135 Days+21.7%

Summary: Homes in 88435 had an average listing age of 135 days in Dec 2024, up by 21.7% compared to the previous year.

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

Report Updated 10 Days Ago

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