Data as of July 2026. Source: Realtor.com.
The HILLSBORO, NM real estate market (88042) currently shows 6 active listings, with 1 pending sales. Homes are averaging 244 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 244 days on market compared to 174 days last year.
The median listing price has fallen 8.5% year-over-year, from $487,450 to $446,250.
Whether you are buying or selling in HILLSBORO, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 327 · Density: 0.2/mi² · Median household income: $16,096
Typical home value: $0 · Homeownership: 79.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 88042 | Hillsboro, NM 88042 | 0.0 mi | 8 | $3,424,896 | $457,500 | $428,112 |
| 87931 | Caballo, NM 87931 | 15.7 mi | 6 | $1,853,880 | $259,900 | $308,980 |
| 88041 | Hanover, NM 88041 | 19.4 mi | 5 | $3,082,500 | $490,000 | $616,500 |
| 87937 | Hatch, NM 87937 | 25.8 mi | 3 | $523,500 | $174,500 | $174,500 |
| 88023 | Bayard, NM 88023 | 30.6 mi | 1 | $119,900 | $119,900 | $119,900 |
| 88049 | Mimbres, NM 88049 | 33.5 mi | 15 | $5,573,370 | $338,750 | $371,558 |
| 88043 | Hurley, NM 88043 | 35.0 mi | 10 | $1,495,560 | $172,250 | $149,556 |
| 87935 | Elephant Butte, NM 87935 | 36.3 mi | 39 | $15,898,701 | $333,750 | $407,659 |
| 88031 | Deming, NM 88031 | 40.0 mi | 1 | $510,000 | $510,000 | $510,000 |
| 87939 | Monticello, NM 87939 | 42.6 mi | 1 | $525,000 | $525,000 | $525,000 |
| 88030 | Deming, NM 88030 | 43.9 mi | 113 | $30,279,254 | $229,500 | $267,958 |
| 88007 | Las Cruces, NM 88007 | 44.8 mi | 156 | $92,372,124 | $528,720 | $592,129 |
| 88061 | Silver City, NM 88061 | 50.9 mi | 98 | $36,970,892 | $373,750 | $377,254 |
As of July 2026, there are 6 active listings in HILLSBORO, NM (zip code 88042), compared to 6 the prior year.
The median listing price in HILLSBORO, NM 88042 is $446,250 as of July 2026, a 8.5% decrease from $487,450 the prior year.
Homes in HILLSBORO, NM 88042 spend an average of 244 days on the market before going under contract, compared to 174 days the prior year.
Based on current inventory and days-on-market data as of July 2026, HILLSBORO, NM 88042 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 244 days on market compared to 174 days last year.
With SELL123.com's maximum 3% commission, sellers in HILLSBORO, NM 88042 save an estimated $8,925 compared to a typical 5% commission on the median listing price of $446,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.