All Home Types
88240, NM Housing Market
What is the housing market like in 88240 today?
In July 2025, 88240 home prices were up 7.2% compared to last year, selling for a median price of $268K. On average, homes in 88240 sell after 11 days on the market compared to 22 days last year. There were 99 homes sold in July this year, down from 104 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$268,000
+7.2% YoY | Jul 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
88240, NM
$268,000
+7.2%
United States
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 88240.
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