88130 Home Values & Market Trends

There are 43 homes currently listed for 88130. 88130 real estate market trends show that home prices range from $55,000 to $750,000, and the median sales price in the 88130 zip code is $128,832.04. The total number of properties sold within the past twelve months is 288. In 88130, 3 properties are in foreclosure, 2 are bank owned properties,and 1 are headed for auction.

88130 Real Estate Market Overview

CityMedian Est. Value
Portales

$ 177,016

$ 106/sqft

Housing Market Summary for 88130

Apr 2023March 2024Change
Median Listing Price$232.7K$136.3K-41.41%
Median Sold Price$117.2K$136.3K16.39%
Homes For Sale2448100.00%
Homes Sold115115-
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 88130

The median list price of a home in Portales, is $128,832.04. A total of 43 properties are for sale, and the percentage of properties for sale in the zip code is 43.00%. The total count of 88130 properties is 7,582.

Foreclosure
There is 1 cities within 88130; within this cities, the median estimated home value for homes in foreclosure ranges from $211,263 in portales to the lowest value of $126,508 in portales. Foreclosure homes account for 0.00% of properties in 88130 with portales containing 3 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 88130 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 88130; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 88130 ranges from the highest value of $135,900 in portales to the lowest value of $126,508 in portales. Bank owned homes and properties account for 0.03% of properties in 88130. There is 1 cities within 88130; portales containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    portales has 1 auction properties, the highest number of properties going to auction in a single city in the state of 88130. Auction homes and other auction properties account for 0.01% of all properties in 88130. There is 1 cities within 88130; of that cities, the median estimated home value for homes going to auction ranges from $211,263 in portales to the lowest value of $211,263 in portales.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.57% of residential properties in 88130 with portales containing 43 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 88130; homes for sale in that cities, have a range of median values from $535,597 in portales to the lowest value of $55,000 in portales.
    Sold Homes
    The median value for recently sold homes ranges from $503,073 in portales to the lowest price of $31,327 in portales. There is 1 cities within 88130. portales has 113 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.49% of properties in 88130.

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      Guide for 88130

      Market Reports
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      gavel for real estate auction
      Home Buying Guides & Tips
      New Mexico Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      See More Articles
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      Market Reports|posted 17 April 2024

      This article describes the fluctuating real estate market of Santa Fe and neighboring cities from July 2023 to March 2024, focusing on property values, sale prices, and number of sold homes.

      gavel for real estate auction
      New Mexico Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Recently Listed Homes 88130

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