88124, NM Housing Market
The median sale price of a home in 88124 was $189K last month, down 19.6% since last year.
88124 Housing Market Trends
In June 2025, 88124 home prices were down 19.6% compared to last year, selling for a median price of $189K.

How much is your home worth? Track your home’s value and compare it to nearby sales.
View houses in 88124 that sold recently
Recently sold homes
- Unknown Last Sold Price3 beds2 baths1,668 sq ft710 W Avenue B Ave, Melrose, NM 88124List Price—Sale to List—Days on Market315 days710 W Avenue B Ave, Melrose, NM 88124
- Unknown Last Sold Price3 beds2 baths1,595 sq ft801 N 5th St, Melrose, NM 88124List Price—Sale to List—Days on Market117 days801 N 5th St, Melrose, NM 88124
- Unknown Last Sold Price4 beds3 baths1,582 sq ft208 W A Ave, Melrose, NM 88124List Price—Sale to List—Days on Market64 days208 W A Ave, Melrose, NM 88124
- Unknown Last Sold Price3 beds2 baths1,248 sq ft616 N 8th St, Melrose, NM 88124List Price—Sale to List—Days on Market65 days616 N 8th St, Melrose, NM 88124
Schools in 88124
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Melrose Elementary School Public • PreK-6 | 158 Students | 2 reviews |
3/10 House Elementary School Public • PreK-5 | 16 Students | N/A |
Climate's impact on 88124 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 88124.
Flood Factor - Minor
Flood Factor

Fire Factor - Severe
Fire Factor

Wind Factor - Minor
Wind Factor

Wind likelihood over time
Heat Factor - Major
Heat Factor

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