88312 Home Values & Market Trends
There are 6 homes currently listed for 88312. 88312 real estate market trends show that home prices range from $42,000 to $1,395,000, and the median sales price in the 88312 zip code is $634,733.28. The total number of properties sold within the past twelve months is 150. In 88312, 3 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.
88312 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Alto | $ 906,154 $ 307/sqft |
Housing Market Summary for 88312
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $1.1M | $726.8K | -36.52% |
| Median Sold Price | $427.1K | $726.8K | 70.17% |
| Homes For Sale | 4 | 8 | 100.00% |
| Homes Sold | 73 | 74 | 1.37% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 88312
Browse Homes in 88312
The median list price of a home in Alto, is $634,733.28. A total of 6 properties are for sale, and the percentage of properties for sale in the zip code is 6.00%. The total count of 88312 properties is 2,615.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in 88312 with alto containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 88312; of that cities, the estimated home value for pre-foreclosure homes ranges from $774,883 in alto to the lowest home value of $206,297 in alto.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 88312 ranges from the highest value of $167,464 in alto to the lowest value of $167,464 in alto. Bank owned homes and properties account for 0.04% of properties in 88312. There is 1 cities within 88312; alto containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 88312. Auction homes and other auction properties account for 0% of all properties in 88312. There is 1 cities within 88312; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for 88312
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.
Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.