88232, Hagerman, NM

The Hagerman, NM zip code of 88232 has a median home value of $136,000. This is significantly lower than the national median home value of $177,500. In addition, the zip code has a low rate of homeownership at just 49%. This is likely due to the high rate of unemployment in this area.

Despite these low home values and homeownership rates, there are still a number of homes for sale in the Hagerman, NM zip code. There are currently 131 active listings in the 88232 zip code. The average list price for these homes is $135,000. This indicates that there is still strong demand for housing in this area despite the low home values and homeownership rates.

One reason for this strong demand may be the high rate of unemployment in Hagerman, NM. The unemployment rate in this area is currently at 11%. This means that there are many people who are looking for housing but cannot find any available options. In addition, many people may not want to buy a home due to the current low home values and homeownership rates in this area.