Brokers — List your Company Here
Featured local agent — ZIP 88201
Sarah Mitchell
Compass Real Estate · ZIP 88201
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
88201 ZIP Code Housing Market
$287,500median sale price
What is the 88201 housing market like right now?
The median home sale price in ZIP code 88201 is $287,500, up 2.7% year-over-year. Homes sell in an average of 31 days with 78 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 88201 ZIP code a buyer's or seller's market?
ZIP code 88201 is currently a balanced market and homes selling in about 31 days. How we determine this →
What are the latest 88201 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $287,500 |
| Median list price | $285,000 |
| Year-over-year price change | +2.7% |
| Average days on market | 31 days |
| Active inventory | 78 listings |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 88201 zip code, located in Roswell, NM, is currently classified as a balanced market. The median sale price stands at $287,500, representing a +2.7% change year over year. Homes in this area spend an average of 31 days on the market before going under contract. There are currently 78 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 88201 sits in the Roswell, NM area, roughly 20.5 miles from downtown Roswell. Because home prices are set street by street, this ZIP can move differently from Roswell's citywide averages. The figures below reflect 88201 specifically — drawn from Redfin transactions, U.S. Census data for its 27,524 residents, and Zillow value estimates.
Homes sold
78
Last 12 weeks
Days on market
31
Average pace
Active listings
78
Sale-to-list
—
Below asking
What is driving the 88201 housing market?
The 88201 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, market dynamics influence how quickly homes sell and at what price relative to their listing.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 88201 have increased +2.7% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 88201 stands at $230,789, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,520 per month. This gives a price-to-rent ratio of approximately 12.7, which suggests that buying may be more cost-effective than renting in this area over the long term. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 88201?
Population
27,524
Median income
$61,780/yr
Median age
37 years
Owner-occupied
75.5%
College grads
27.0%
Avg commute
18.95 min
What is it like living in 88201?
Zip code 88201 is home to approximately 27,524 residents. The median household income is $61,780 per year, which shapes the types of homes and amenities available in the area. With a median age of 37 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 75.5% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 27.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 18.95 minutes, which is shorter than the national average and suggests good proximity to employment centers. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 88201.
Which public schools serve ZIP 88201?
6 schools tracked · 3,293 students
The largest public schools serving ZIP code 88201 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
GODDARD HIGH
Grades 9-12 · 1,104 students
BERRENDO MIDDLE
Grades 6-8 · 598 students
DEL NORTE ELEMENTARY
Grades K-5 · 515 students
MILITARY HEIGHTS ELEMENTARY
Grades PK-5 · 428 students
BERRENDO ELEMENTARY
Grades PK-5 · 360 students
WASHINGTON AVE ELEMENTARY
Grades PK-5 · 288 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 88201
What is the median home price in 88201?
The current median sale price in 88201 is $287,500, based on recent Redfin transaction data. Prices have changed +2.7% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 88201 a buyer's or seller's market?
The 88201 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 88201?
Zip code 88201 has a population of approximately 27,524 residents. The median household income is $61,780 per year. About 75.5% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 88201?
Properties Incorporated provides comprehensive data for 88201 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 88201 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
Be the brokerage on this page
1 slot per pageGet featured on ZIP 88201
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this neighborhood. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get zip code 88201 market alerts
Weekly updates on prices, inventory, and trends. Free forever.