88041 — Grant County, New Mexico Market Snapshot
Housing market data for zip code 88041 in Grant County, New Mexico. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Grant County county page for broader data.
Market Sales Data
1 sales in 2026 (year to date)
Median Sale Price
$349,500
Days to Sell
10
Homes Sold
1
Inventory
11
Conforming Loan Available
Most homebuyers in 88041 can comfortably use conventional financing. The median home price of $349,500 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
88041 is an extremely competitive market with homes selling in just 10 days on average. Buyers need pre-approval letters ready before making offers.
Conforming Loan Feasibility
Most homebuyers in 88041 can comfortably use conventional financing. The median home price of $349,500 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 88041 are set at the county level.
2026 Loan Limits — Grant 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 88041
To purchase the median home at $349,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,828.
Monthly Payment
$2,828
Income Required
$121,190
Principal & Interest
$2,154/mo
Down Payment (5%)
$17,475
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 88041.
Estimated Monthly Payment
$2,313
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