88230, Dexter, NM

The Dexter, NM 88230 zip code has a population of about 26,000 people and an average home value of $157,000. The median home value in the Dexter zip code is $128,000 which is lower than the national median home value of $177,500. The percentage of homes in the Dexter zip code that are valued at less than $100,000 is higher than the national percentage of 25%. The percentage of homes in the Dexter zip code that are valued at more than $300,000 is lower than the national percentage of 33%.

There are a number of factors that may contribute to the lower median home values in the Dexter zip code. One reason may be that there are fewer high-priced homes available for sale in this area. Another reason may be that there are a greater number of low-priced homes available for sale compared to high-priced homes. Additionally, many homeowners in this area have taken advantage of low interest rates over recent years and have increased their equity levels in their homes. As a result, they may be less likely to sell their homes for less than their original purchase price.