Data as of September 2026. Source: Realtor.com.
The HILLSBORO, NM real estate market (88042) currently shows 6 active listings, with 1 pending sales. Homes are averaging 318 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 318 days on market compared to 73 days last year.
The median listing price has risen 4.9% year-over-year, from $384,950 to $404,000.
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 September 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 $404,000 as of September 2026, a 4.9% increase from $384,950 the prior year.
Homes in HILLSBORO, NM 88042 spend an average of 318 days on the market before going under contract, compared to 73 days the prior year.
Based on current inventory and days-on-market data as of September 2026, HILLSBORO, NM 88042 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 318 days on market compared to 73 days last year.
With SELL123.com's maximum 3% commission, sellers in HILLSBORO, NM 88042 save an estimated $8,080 compared to a typical 5% commission on the median listing price of $404,000. 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.