88349, Sunspot, NM

The home equity and home prices in the Sunspot, NM zip code of 88349 are reflective of the overall market conditions in this area. Over the past five years, the median home value has increased by 10%. This is likely due to an increase in demand for homes in this area as well as a general trend across all markets nationwide.

As of September 2017, there were 2,898 homes for sale in the Sunspot, NM zip code. Of these properties, 1,948 (53%) were listed at an asking price below their estimated market value. This indicates that there is strong demand for housing within this area and that potential buyers are willing to pay a lower price for a property than what its true market value may be.

On the other hand, 1,534 (47%) of properties listed in the Sunspot, NM zip code were sold at or above their estimated market value. This indicates that there is strong demand for housing within this area and that potential buyers are willing to pay more than what its true market value may be.