All Home Types
88240, NM Housing Market
What is the housing market like in 88240 today?
In May 2025, 88240 home prices were up 12.1% compared to last year, selling for a median price of $292K. On average, homes in 88240 sell after 15 days on the market compared to 14 days last year. There were 98 homes sold in May this year, down from 111 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$291,500
+12.1% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
88240, NM
$291,500
+12.1%
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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