The story of this market
The typical home in ZIP 88119 sells for about $135,000, or $105 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 88119 — Fort Sumner
The housing market in 88119 is characterized by low inventory and slow turnover, typical of a rural New Mexico community. Prices have seen modest year-over-year growth, though the market remains highly localized with limited sales volume. No specific data for price cuts or months of supply were available from major portals, reflecting the thin nature of the local real estate market.
This ZIP is best suited for local residents, retirees, or those seeking a quiet, rural lifestyle in a small-town environment.
Median prices moved up 3.2% year over year.
Homes spend a median of 112 days on market with 7.0 months of supply — a slower-moving market.
9% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.8% · poverty 18.4% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 88119, De Baca County NM
Property taxes are assessed by the De Baca County Assessor; rates are determined by local mill levies applied to the taxable value of real property.
The area is primarily rural with access to local community parks and outdoor recreation associated with the Pecos River valley.
The rental market is limited with a balanced mix of owner and renter households, primarily serving local residents.
The local economy is driven by agriculture, ranching, and government services centered in the county seat of Fort Sumner.
Transportation is primarily via personal vehicle with access to US Highway 60 and 84.
The De Baca County Assessor manages property valuations for tax purposes.
Parcels are subject to local school district and county-level tax levies.
Data retrieved from data.census.gov ZCTA 88119 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Preserves the history of the Bosque Redondo Reservation.
Local cultural attraction focused on regional history.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.