88021 — Do̱a Ana County, New Mexico Market Snapshot
Housing market data for zip code 88021 in Do̱a Ana County, New Mexico. Updated monthly with median prices, days on market, and more.
Market Sales Data
10 sales in 2026 (year to date)
Median Sale Price
$392,500
Days to Sell
140
Homes Sold
10
Inventory
15
Sale-to-List
97.2%
New Listings
9
Price/SqFt
$175
Pending Sales
11
Conforming Loan Available
Most homebuyers in 88021 can comfortably use conventional financing. The median home price of $392,500 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 140 days on average, 88021 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
The average home in 88021 sells for 2.8% below asking price (97.2% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 88021 can comfortably use conventional financing. The median home price of $392,500 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 88021 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 88021
To purchase the median home at $392,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,157.
Monthly Payment
$3,157
Income Required
$135,309
Principal & Interest
$2,418/mo
Down Payment (5%)
$19,625
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 88021.
Estimated Monthly Payment
$2,579
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