88005 — Do̱a Ana County, New Mexico Market Snapshot
Housing market data for zip code 88005 in Do̱a Ana County, New Mexico. Updated monthly with median prices, days on market, and more.
Market Sales Data
62 sales in 2026 (year to date)
Median Sale Price
$289,750
Days to Sell
42
Homes Sold
62
Inventory
69
Sale-to-List
0.0%
New Listings
69
Price/SqFt
$164
Pending Sales
63
Conforming Loan Available
Most homebuyers in 88005 can comfortably use conventional financing. The median home price of $289,750 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
88005's market is balanced with homes taking an average of 42 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 88005 sells for 100.0% below asking price (0.0% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 88005 can comfortably use conventional financing. The median home price of $289,750 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 88005 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 88005
To purchase the median home at $289,750 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,370.
Monthly Payment
$2,370
Income Required
$101,570
Principal & Interest
$1,785/mo
Down Payment (5%)
$14,488
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 88005.
Estimated Monthly Payment
$1,943
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