88418, Des Moines, NM

Home Equity and Home Prices in the 88418 Zip Code of Des Moines, NM

The home equity and home prices in the 88418 zip code of Des Moines, NM are very high. This is likely due to the many affluent residents who live in this area. The median home value in this zip code is $271,000, which is significantly higher than the national median home value of $177,500. Additionally, the percentage of homes that are worth more than their original purchase price is also high in this zip code. This indicates that there are a lot of homeowners who are able to benefit from rising home values.

Despite these high values, it's important to keep in mind that not all homes in this zip code are worth as much as they seem at first glance. There are a number of homes that were built before 2000 and may not be as well-maintained or updated as newer homes. Additionally, some areas within this zip code may be less desirable due to crime or other issues. If you're considering buying a home in this area, it's important to do your research and consult with an experienced real estate agent before making an offer on any property.