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EUNICE, NM 88231

Real Estate Market Report  ·  Lea County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The EUNICE, NM real estate market (88231) currently shows 2 active listings. Homes are averaging 84 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 84 days on market compared to 38 days last year.

The median listing price has risen 11% year-over-year, from $150,000 to $166,500.

Whether you are buying or selling in EUNICE, 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.

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Market Context

Market Context

Population: 3,565  ·  Density: 3.9/mi²  ·  Median household income: $74,545

Typical home value: $125,019  ·  Homeownership: 77.9%

Market Overview

Active Listings
2
⇩ 60% vs 5 last year
Pending
0
0% pending ratio
Median Price
$166,500
⇧ 11% vs $150,000 last year
Average Price
$166,500
⇩ 0.1% vs $166,667 last year
Days on Market
84
⇧ 121.1% vs 38 days last year

Price Per Square Foot

Median $/sqft
$109
⇩ 18.7% vs $134/sqft last year
Median Home Size
1,529 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 5 last year
  • Days on market: 84 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $166,500 (+11% YoY)
  • Average: $166,500 (-0.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 63.7 miles — 333 listings ($103,550,319 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88231Eunice, NM 882310.0 mi2$276,000$138,000$138,000
88252Jal, NM 8825219.4 mi3$328,875$109,625$109,625
88241Hobbs, NM 8824123.5 mi1$270,000$270,000$270,000
79714Andrews, TX 7971433.1 mi68$24,092,604$299,923$354,303
88256Loving, NM 8825639.6 mi1$440,000$440,000$440,000
79745Kermit, TX 7974541.8 mi25$6,995,175$175,000$279,807
79741Goldsmith, TX 7974145.9 mi2$292,500$146,250$146,250
79770Orla, TX 7977054.3 mi1$55,000$55,000$55,000
79355Plains, TX 7935555.7 mi3$945,999$350,000$315,333
79764Odessa, TX 7976459.7 mi46$16,508,986$300,000$358,891
88267Tatum, NM 8826761.6 mi1$119,900$119,900$119,900
79763Odessa, TX 7976363.5 mi72$19,618,272$238,950$272,476
79762Odessa, TX 7976263.7 mi108$33,607,008$288,750$311,176

Frequently Asked Questions

How many homes are for sale in EUNICE, NM 88231?

As of March 2026, there are 2 active listings in EUNICE, NM (zip code 88231), compared to 5 the prior year.

What is the median home price in EUNICE, NM 88231?

The median listing price in EUNICE, NM 88231 is $166,500 as of March 2026, a 11% increase from $150,000 the prior year.

How long do homes stay on the market in EUNICE, NM?

Homes in EUNICE, NM 88231 spend an average of 84 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in EUNICE, NM 88231?

Based on current inventory and days-on-market data as of March 2026, EUNICE, NM 88231 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 84 days on market compared to 38 days last year.

How much can I save on real estate commission in EUNICE, NM?

With SELL123.com's maximum 3% commission, sellers in EUNICE, NM 88231 save an estimated $3,330 compared to a typical 5% commission on the median listing price of $166,500. 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.