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HAGERMAN, NM 88232

Real Estate Market Report  ·  Chaves County
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The HAGERMAN, NM real estate market (88232) currently shows 3 active listings, with 1 pending sales. Homes are averaging 77 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 77 days on market compared to 105 days last year.

The median listing price has risen 8.7% year-over-year, from $230,000 to $249,950.

Whether you are buying or selling in HAGERMAN, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,611  ·  Density: 2.0/mi²  ·  Median household income: $56,964

Typical home value: $146,229  ·  Homeownership: 79.3%

Market Overview

Active Listings
3
⇩ 25% vs 4 last year
Pending
1
33% pending ratio
Median Price
$249,950
⇧ 8.7% vs $230,000 last year
Average Price
$249,950
⇩ 10.2% vs $278,300 last year
Days on Market
77
⇩ 26.7% vs 105 days last year

Price Per Square Foot

Median $/sqft
$193
⇧ 29.5% vs $149/sqft last year
Median Home Size
1,368 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 4 last year
  • Days on market: 77 now vs 105 last year

Median & Average Pricing

Year over Year
  • Median: $249,950 (+8.7% YoY)
  • Average: $249,950 (-10.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 87.8 miles — 381 listings ($119,756,879 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88232Hagerman, NM 882320.0 mi2$700,000$350,000$350,000
88203Roswell, NM 8820319.6 mi85$19,092,105$189,950$224,613
88253Lake Arthur, NM 8825323.3 mi1$75,000$75,000$75,000
88201Roswell, NM 8820145.7 mi118$50,317,796$315,000$426,422
88240Hobbs, NM 8824050.0 mi87$30,127,230$315,000$346,290
88343Picacho, NM 8834354.0 mi1$479,000$479,000$479,000
88265Monument, NM 8826557.7 mi1$350,000$350,000$350,000
88116Elida, NM 8811660.5 mi1$119,900$119,900$119,900
88336Hondo, NM 8833667.5 mi2$1,689,000$844,500$844,500
88231Eunice, NM 8823168.1 mi2$290,000$145,000$145,000
88252Jal, NM 8825276.6 mi3$344,250$114,750$114,750
88130Portales, NM 8813087.8 mi78$16,172,598$204,950$207,341

Frequently Asked Questions

How many homes are for sale in HAGERMAN, NM 88232?

As of February 2026, there are 3 active listings in HAGERMAN, NM (zip code 88232), compared to 4 the prior year.

What is the median home price in HAGERMAN, NM 88232?

The median listing price in HAGERMAN, NM 88232 is $249,950 as of February 2026, a 8.7% increase from $230,000 the prior year.

How long do homes stay on the market in HAGERMAN, NM?

Homes in HAGERMAN, NM 88232 spend an average of 77 days on the market before going under contract, compared to 105 days the prior year.

Is it a seller's or buyer's market in HAGERMAN, NM 88232?

Based on current inventory and days-on-market data as of February 2026, HAGERMAN, NM 88232 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 77 days on market compared to 105 days last year.

How much can I save on real estate commission in HAGERMAN, NM?

With SELL123.com's maximum 3% commission, sellers in HAGERMAN, NM 88232 save an estimated $4,999 compared to a typical 5% commission on the median listing price of $249,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.