The story of this market
The typical home in ZIP 88415 sells for about $183,900, or $105 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 88415 — Clayton
The housing market in 88415 remains stable with low inventory and modest price appreciation. Market activity is driven by local demand rather than speculative investment, resulting in a slow but steady pace of sales.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with affordable housing costs and proximity to outdoor recreation.
Median prices moved up 4.2% year over year.
Homes spend a median of 52 days on market with 4.5 months of supply — a fast-moving market.
15% 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 5.2% · poverty 16.8% — a stable, low-distress 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 5.4%/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 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 88415, Union County NM
Crime rates in Clayton are generally lower than the national average, with property crime being the primary concern in this rural area.
Schools in the area are primarily served by the Clayton Municipal School District, which provides education for the local community.
The area is subject to high wind events and occasional wildfire risks common to the high plains of northeastern New Mexico.
Economic momentum is driven by agriculture, ranching, and local government services, with limited new large-scale commercial development.
Property taxes are assessed by Union County based on local mill rates; there are no special MUD or PID districts commonly found in urban centers.
Commutes are primarily local within Clayton, with limited public transit options available.
Local recreation includes access to Clayton Lake State Park, known for its dinosaur tracks and fishing, and local community parks.
The rental market is limited with low turnover and primarily consists of single-family homes.
The economy is anchored by agriculture, ranching, and public sector employment in Clayton.
Transportation is heavily reliant on personal vehicles with access via US-56, US-64, and US-87.
There are no major large-scale commercial or residential developments currently under construction.
Union County Assessor manages property valuations for tax purposes.
Parcels are served by standard county and municipal taxing jurisdictions.
Property insurance premiums are influenced by regional wildfire and wind risk factors.
Net domestic migration is stable with modest shifts typical of rural New Mexico.
New Mexico is a judicial foreclosure state requiring court intervention.
Sellers are required to provide a property disclosure statement regarding known material defects.
Data retrieved from data.census.gov ZCTA-level tables.
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.
- Clayton Lake State Park and Dinosaur Trackways4.67.8 mi
- Northwestern Corner of Texas4.312.7 mi
- Clayton Lake Dinosaur Tracks4.67.8 mi
- Dinosaur Statues4.35.3 mi
- Tri-State Monument: NM-OK-TX4.214.8 mi
- Clayton Lake Dinosaur Tracks4.67.8 mi
- Herzstein Memorial Museum4.84.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features dinosaur tracks and recreational fishing.
Local history museum showcasing the region's heritage.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.