NM area data
Zcta 88242, NM
Zcta 88242, NM.
Population: 8,472 (Census ACS)
Home values & appreciation
- Median home value
- $294,633
- 1-year appreciation
- +6.2%
- 3-year appreciation
- +8.7%
- 5-year appreciation
- +3.6%
- 10-year appreciation
- +26.0%
- All-time peak (2026-07)
- $294,633
- House Price Index
- 406.5 (+0.8% YoY)
Market activity
- Median sale price
- $365,000
- Median list price
- $330,000
- Median days on market
- 42 days
- Active listings
- 5
- 1-year forecast
- -3.8%
- New listings (monthly)
- 6
Rents
- 2-bedroom fair-market rent (HUD reference)
- $1,319/mo
- 3BR fair-market rent
- $1,715/mo
Affordability
- Cost of living index (Below Average)
- 92.5 (100 = US avg)
- Electricity rate (state-level)
- 15.1¢/kWh
- Natural gas rate (state-level)
- $9.80/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Natural hazards & flood risk
- Overall hazard risk
- Relatively Moderate
- Top hazards
- hail, lightning, wildfire, winterWeather, coldWave
- FEMA flood zone
- AE
- Flood risk level
- High
Climate (30-year normals)
- Average annual temperature
- 65.0°F
- Average high
- 77.0°F
- Average low
- 53.0°F
- Annual precipitation
- 8.5 in
- Annual snowfall
- 4.1 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 45
- Days with Good air quality
- 235
Walkability & transit
- Walkability index
- 8.2 / 20
- Transit service frequency
- -99,999
Amenities
- Nearest airport
- Industrial Airpark (HBB) (4 mi)
- Nearest major airport
- Lea County Regional Airport (HOB) (8 mi)
- Hospitals nearby (~15 mi)
- 2
- Avg hospital rating
- 3.0 / 5
- Solar radiation rating
- Excellent (5.5 kWh/m²/day)
Migration
- Net migration
- -387 tax filers
Housing stock
- Median year housing built
- 1,994
- Median annual property tax
- $1,323
- Mean commute to work
- 23 min
- Households with broadband internet
- 66.2%
Employment & development
- Total county employment
- 28,186
- Average weekly wage
- $1,299
- Top industries (by employment)
- Mining, Accommodation & Food, Construction
- Annual residential building permits (county)
- 144
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →