88201 — Lincoln County, New Mexico Market Snapshot

Housing market data for zip code 88201 in Lincoln County, New Mexico. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

78 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$287,500

Closed sales

Days to Sell

31

Median, listing to close

Homes Sold

78

Closed in 2026

Inventory

78

Sale-to-List

0.0%

New Listings

107

Price/SqFt

$147

Pending Sales

95

Conforming Loan Available

Most homebuyers in 88201 can comfortably use conventional financing. The median home price of $287,500 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

88201's market is balanced with homes taking an average of 31 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

The average home in 88201 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 88201 can comfortably use conventional financing. The median home price of $287,500 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 88201 are set at the county level.

2026 Loan Limits — Lincoln 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 88201

To purchase the median home at $287,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,353.

Monthly Payment

$2,353

Income Required

$100,831

Principal & Interest

$1,771/mo

Down Payment (5%)

$14,375

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 88201.

%
%

Estimated Monthly Payment

$1,929

Principal & Interest$1,492
Property Tax$288
Insurance$150
Loan Amount$230,000
Total Interest$307,041
Income Required$82,683/yr

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