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, NM

ZIP 88051 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

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Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 88051

Median Home Value
$168,600
Median Rent
N/A
Affordability Snapshot
$46,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,083/mo PITI).

To comfortably buy a median-priced home in ZIP 88051 in NM, a household would need roughly $46,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,083. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 24% — check local market conditions.

Heating Fuel
Housing Metrics

Historic housing stock (50% built before 1939)

Owner Occupied
65.8%+1% vs US avg
x
Vacancy Rate
24.0%+133% vs US avg
x
Broadband Access
54.4%-37% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
50.0%+291% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
0.0%
x
Mortgage-Free
100.0%+162% vs US avg
x
$168,600
Home Value
N/A
Rent
1955
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached16.3%
  • 1-unit attached0.0%
  • 2-9 units50.0%
  • 10+ units0.0%
  • Mobile home & other33.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$168,600
Median rent$-666,666,666
Owner-occupied65.8%
Vacant24.0%
Est. income to buy$46,000