Population: 356 · Density: 0.4/mi² · Median household income: $65,647
Typical home value: $164,351 · Homeownership: 56.3%
Data as of January 2026. Source: Realtor.com.
The GRADY, NM real estate market (88120) currently shows 1 active listings.
Inventory levels are unchanged compared to last year.
The median listing price has risen 10% year-over-year, from $250,000 to $275,000.
Whether you are buying or selling in GRADY, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 88120 | Grady, NM 88120 | 0.0 mi | 1 | $275,000 | $275,000 | $275,000 |
| 88124 | Melrose, NM 88124 | 28.9 mi | 8 | $2,040,088 | $169,000 | $255,011 |
| 88135 | Texico, NM 88135 | 30.6 mi | 2 | $969,900 | $484,950 | $484,950 |
| 79035 | Friona, TX 79035 | 39.4 mi | 7 | $2,635,500 | $247,500 | $376,500 |
| 79325 | Farwell, TX 79325 | 44.1 mi | 7 | $1,771,000 | $235,000 | $253,000 |
| 88430 | Nara Visa, NM 88430 | 53.2 mi | 1 | $100,000 | $100,000 | $100,000 |
| 88416 | Conchas Dam, NM 88416 | 58.0 mi | 3 | $741,000 | $247,000 | $247,000 |
| 79092 | Vega, TX 79092 | 59.0 mi | 6 | $963,000 | $138,750 | $160,500 |
| 88421 | Garita, NM 88421 | 67.2 mi | 1 | $385,000 | $385,000 | $385,000 |
| 79027 | Dimmitt, TX 79027 | 68.1 mi | 8 | $1,703,840 | $180,000 | $212,980 |
| 79031 | Earth, TX 79031 | 71.8 mi | 3 | $678,999 | $169,000 | $226,333 |
| 88126 | Pep, NM 88126 | 75.2 mi | 1 | $99,900 | $99,900 | $99,900 |
| 79082 | Springlake, TX 79082 | 80.5 mi | 1 | $260,000 | $260,000 | $260,000 |
As of January 2026, there are 1 active listings in GRADY, NM (zip code 88120), compared to 1 the prior year.
The median listing price in GRADY, NM 88120 is $275,000 as of January 2026, a 10% increase from $250,000 the prior year.
Homes in GRADY, NM 88120 spend an average of 0 days on the market before going under contract, compared to 242 days the prior year.
Based on current inventory and days-on-market data as of January 2026, GRADY, NM 88120 is currently a Balanced Market. Inventory levels are unchanged compared to last year.
With SELL123.com's maximum 3% commission, sellers in GRADY, NM 88120 save an estimated $5,500 compared to a typical 5% commission on the median listing price of $275,000. 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.