Housing Prices in 88081, NM
How much do homes in 88081, NM cost?
Median List Price
$195,000
$129/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in 88081 has increased by 48.9% since last year.
Summary: The median home list price in 88081 was $195,000 in March 2024, up 48.9% from the previous year, and the median price per square foot was $129.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $104.5K | $165K | +57.9% |
| 3 Bedrooms | $131K | $160K | +22.1% |
| 4 Bedrooms | $155.4K | $250K | +60.8% |
| 5+ Bedrooms | $380K | $205K | -46.1% |
Summary: 88081 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 57.9%, 3 bedroom homes increased by 22.1%, 4 bedroom homes increased by 60.8%, and 5+ bedroom homes decreased by 46.1%.
Housing Supply in 88081, NM
How many homes are available in 88081, NM?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Summary: The 88081 real estate market had 15 homes for sale in March 2024, a 11.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 88081 housing inventory by bedroom type for March 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 25%, 4 bedroom homes decreased by 12.5%, 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 117 Days | 71 Days | -39.2% |
Summary: Homes in 88081 had an average listing age of 71 days in Mar 2024, down by 39.2% compared to the previous year.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by other brokerage firms are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers.