88081 — Do̱a Ana County, New Mexico Market Snapshot

Housing market data for zip code 88081 in Do̱a Ana County, New Mexico. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

18 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$312,302

7.0% YoYClosed sales

Days to Sell

134

Median, listing to close

Homes Sold

18

Closed in 2026

Inventory

19

Sale-to-List

98.5%

New Listings

19

Price/SqFt

$179

Pending Sales

14

Conforming Loan Available

Most homebuyers in 88081 can comfortably use conventional financing. The median home price of $312,302 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

With homes sitting for 134 days on average, 88081 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Sale-to-List Ratio

Homes are selling very close to asking price in 88081 (98.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 88081 can comfortably use conventional financing. The median home price of $312,302 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 88081 are set at the county level.

2026 Loan Limits — Do̱a Ana County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 88081

To purchase the median home at $312,302 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,543.

Monthly Payment

$2,543

Income Required

$108,976

Principal & Interest

$1,924/mo

Down Payment (5%)

$15,615

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 88081.

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Estimated Monthly Payment

$2,083

Principal & Interest$1,620
Property Tax$312
Insurance$150
Loan Amount$249,842
Total Interest$333,527
Income Required$89,262/yr

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