88130 Home Values & Market Trends

There are 36 homes currently listed for 88130. 88130 real estate market trends show that home prices range from $1,000 to $730,000, and the median sales price in the 88130 zip code is $161,250. The total number of properties sold within the past twelve months is 300. In 88130, 8 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.

88130 Real Estate Market Overview

CityMedian Est. Value
Portales

$ 161,250

$ 98/sqft

Housing Market Summary for 88130

Mar 2024February 2025Change
Median Listing Price$170.5K$170K-0.29%
Median Sold Price$136.3K$132.4K-2.86%
Homes For Sale487-85.42%
Homes Sold11519166.09%
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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 $161,250. A total of 36 properties are for sale, and the percentage of properties for sale in the zip code is 36.00%. The total count of 88130 properties is 238.

Foreclosure
There is 1 cities within 88130; within this cities, the median estimated home value for homes in foreclosure ranges from $207,332 in portales to the lowest value of $34,087 in portales. Foreclosure homes account for 3.00% of properties in 88130 with portales containing 8 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 2.52% of all residential properties in 88130 with portales containing 6 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 $207,332 in portales to the lowest home value of $34,087 in portales.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 88130 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 88130. There is 1 cities within 88130; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    portales has 2 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 0.84% 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 $130,400 in portales to the lowest value of $118,241 in portales.
Homes for Sale
Homes and properties that are actively listed for sale account for 15.13% of residential properties in 88130 with portales containing 36 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 $569,440 in portales to the lowest value of $45,000 in portales.
    Sold Homes
    The median value for recently sold homes ranges from $699,000 in portales to the lowest price of $33,063 in portales. There is 1 cities within 88130. portales has 186 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 78.15% of properties in 88130.

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      Guide for 88130

      Market Reports
      Santa Fe Real Estate Values Slide While Per-Square-Foot Prices Hold Steady Through 2023-2024
      Washington
      Albuquerque Real Estate Continues Upward Trend with Average Property Value Hitting $360,000 in March 2024
      Washington
      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
      See More Articles
      Santa Fe Real Estate Values Slide While Per-Square-Foot Prices Hold Steady Through 2023-2024
      Market Reports|posted 13 June 2024
      Albuquerque Real Estate Continues Upward Trend with Average Property Value Hitting $360,000 in March 2024
      Washington|posted 30 April 2024
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      Washington|posted 17 April 2024
      gavel for real estate auction
      New Mexico Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Recently Listed Homes 88130

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