In May 2025, 88061 home prices were down 6.4% compared to last year, selling for a median price of $280K. On average, homes in 88061 sell after 72 days on the market compared to 63 days last year. There were 29 homes sold in May this year, down from 39 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$280,000
-6.4% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
88061, NM
$280,000
-6.4%
United States
To compare other locations to the 88061 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in New Mexico add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 88061 housing market?
Learn what it takes to have a winning offer
All Home Types
Data for this home type is limited in this area,
and should not be used for market analysis or forecasting.
Sale-to-List PriceAll Home Types
Data for this home type is limited in this area,
and should not be used for market analysis or forecasting.
Sale-to-List Price
(All Home Types)
96.2%
-3.8 pt YoY | Sep 2020
Based on Redfin calculations of home data from MLS and/or public records.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 88061 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 88061.
Flood Factor - Major
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
88061 has a major risk of flooding. 1,883 properties in 88061 are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in 88061. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
88061 has an extreme risk of wildfire. There are 15,692 properties in 88061 that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in 88061.