88401, Tucumcari, NM Housing Market

ZIP code 88401's median home value is $80K, down 8.5% over the past year. Homes here sell in a median 88 days. Its PropertyIQ Score of 7 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

Understanding the housing market in ZIP code 88401 requires hyperlocal data that metro and county analyses simply cannot provide. PropertyIQ's demand signal scoring — validated across more than two decades of housing data (2001–2023) — extends to ZIP-code granularity for 88401, Tucumcari, NM, giving investors and agents a competitive edge in NM's most specific market segments.

Mountain West ZIP codes experienced explosive growth through 2022, with dramatic variation in post-boom performance. PropertyIQ's ZIP-level scores separate neighborhoods with sustained demand from those experiencing corrections, providing the hyperlocal precision investors need in volatile markets. Within the Mountain West, ZIP code 88401's PropertyIQ Score of 7 runs below the Mountain West norm.

For 88401, Tucumcari, NM, PropertyIQ updates a hyperlocal score each month from four signals: twelve-month and three-month Zillow home-value momentum, Realtor.com median days on market, and the Realtor.com share of price-reduced listings. The score is computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a value above 50 means this ZIP's demand dynamics read stronger than its state. ZIP-level analysis captures neighborhood variation that county and metro scores smooth over.

View 88401, Tucumcari, NM's PropertyIQ Score and compare it against other ZIP codes in the state. Generate a free AI market report for this ZIP code or explore historical trends on the interactive map to understand how this micro-market has evolved.