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HOPE, NM 88250

Real Estate Market Report
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The HOPE, NM real estate market (88250) currently shows 2 active listings. Homes are averaging 31 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 31 days on market compared to 13 days last year.

The median listing price has fallen 66% year-over-year, from $365,000 to $124,250.

Whether you are buying or selling in HOPE, 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: 354  ·  Density: 0.2/mi²  ·  Median household income: $122,500

Typical home value: $0  ·  Homeownership: 52.3%

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
0
0% pending ratio
Median Price
$124,250
⇩ 66% vs $365,000 last year
Average Price
$124,250
⇩ 66% vs $365,000 last year
Days on Market
31
⇧ 138.5% vs 13 days last year

Price Per Square Foot

Median $/sqft
$76
⇩ 58.2% vs $182/sqft last year
Median Home Size
1,581 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 1 last year
  • Days on market: 31 now vs 13 last year

Median & Average Pricing

Year over Year
  • Median: $124,250 (-66% YoY)
  • Average: $124,250 (-66% 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 67.1 miles — 532 listings ($260,939,761 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88253Lake Arthur, NM 8825327.9 mi1$70,000$70,000$70,000
88354Weed, NM 8835433.4 mi1$650,000$650,000$650,000
88210Artesia, NM 8821040.4 mi63$23,785,461$295,000$377,547
88347Sacramento, NM 8834742.4 mi6$1,342,002$212,000$223,667
88317Cloudcroft, NM 8831744.8 mi58$31,978,880$346,000$551,360
88230Dexter, NM 8823045.1 mi7$1,892,800$255,500$270,400
88232Hagerman, NM 8823249.8 mi3$749,850$249,950$249,950
88325High Rolls Mountain Park, NM 8832555.3 mi20$12,774,520$499,500$638,726
88346Ruidoso Downs, NM 8834655.9 mi17$5,020,814$227,000$295,342
88314Bent, NM 8831460.6 mi1$639,700$639,700$639,700
88338Lincoln, NM 8833862.0 mi4$2,082,000$571,500$520,500
88312Alto, NM 8831264.1 mi138$115,583,004$696,250$837,558
88310Alamogordo, NM 8831067.1 mi213$64,370,730$262,200$302,210

Frequently Asked Questions

How many homes are for sale in HOPE, NM 88250?

As of July 2026, there are 2 active listings in HOPE, NM (zip code 88250), compared to 1 the prior year.

What is the median home price in HOPE, NM 88250?

The median listing price in HOPE, NM 88250 is $124,250 as of July 2026, a 66% decrease from $365,000 the prior year.

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

Homes in HOPE, NM 88250 spend an average of 31 days on the market before going under contract, compared to 13 days the prior year.

Is it a seller's or buyer's market in HOPE, NM 88250?

Based on current inventory and days-on-market data as of July 2026, HOPE, NM 88250 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 31 days on market compared to 13 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HOPE, NM 88250 save an estimated $2,485 compared to a typical 5% commission on the median listing price of $124,250. 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.