Zip Code:

88263, Malaga, NM

88263 is a New Mexico Zip code within the city of Malaga and the county of Eddy County. Its population is roughly 136.

The Real Estate Market in the Malaga, NM Zip Code

Home equity is a measure of the value of a homeowner's home. Home prices are the price at which homes are sold in an area.

In Malaga, NM, home equity and home prices have been on the rise for some time now. In 2008, the median home value was $127,000. As of September 2016, that figure had increased to $158,000. This represents an increase of over 33%.

One reason for this increase is that Malaga has seen a surge in population growth over the past few years. This has led to more people looking to buy or invest in homes here. Additionally, there is evidence to suggest that the economy here is doing well overall – meaning that people are able to afford higher prices for homes.

Overall, it seems that Malaga residents are happy with their current home equity and home prices – which likely means that they will continue to rise in the future. If you're interested in buying or investing in a property here, it's important to do your research so you can make an informed decision about whether or not this is the right place for you.

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