Data as of February 2026. Source: Realtor.com.
The CAPITAN, NM real estate market (88316) currently shows 12 active listings, with 1 pending sales. Homes are averaging 88 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 88 days on market compared to 180 days last year.
The median listing price has risen 56% year-over-year, from $296,500 to $462,500.
Whether you are buying or selling in CAPITAN, 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.
Population: 2,289 · Density: 1.0/mi² · Median household income: $66,042
Typical home value: $158,074 · Homeownership: 88.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 88316 | Capitan, NM 88316 | 0.0 mi | 13 | $15,912,897 | $460,000 | $1,224,069 |
| 88348 | San Patricio, NM 88348 | 24.7 mi | 2 | $860,000 | $430,000 | $430,000 |
| 88301 | Carrizozo, NM 88301 | 27.8 mi | 9 | $2,340,000 | $205,000 | $260,000 |
| 88341 | Nogal, NM 88341 | 30.5 mi | 4 | $15,303,332 | $861,667 | $3,825,833 |
| 88318 | Corona, NM 88318 | 31.5 mi | 4 | $1,397,332 | $359,000 | $349,333 |
| 88345 | Ruidoso, NM 88345 | 34.0 mi | 237 | $112,349,850 | $399,000 | $474,050 |
| 88201 | Roswell, NM 88201 | 51.1 mi | 118 | $50,317,796 | $315,000 | $426,422 |
| 88314 | Bent, NM 88314 | 54.7 mi | 1 | $639,700 | $639,700 | $639,700 |
| 88339 | Mayhill, NM 88339 | 56.5 mi | 17 | $7,954,589 | $449,500 | $467,917 |
| 88337 | La Luz, NM 88337 | 61.9 mi | 10 | $4,434,860 | $352,450 | $443,486 |
| 88317 | Cloudcroft, NM 88317 | 65.5 mi | 61 | $34,280,841 | $349,000 | $561,981 |
| 88119 | Fort Sumner, NM 88119 | 68.0 mi | 8 | $3,650,856 | $200,000 | $456,357 |
| 88325 | High Rolls Mountain Park, NM 88325 | 69.7 mi | 22 | $16,765,980 | $579,500 | $762,090 |
As of February 2026, there are 12 active listings in CAPITAN, NM (zip code 88316), compared to 13 the prior year.
The median listing price in CAPITAN, NM 88316 is $462,500 as of February 2026, a 56% increase from $296,500 the prior year.
Homes in CAPITAN, NM 88316 spend an average of 88 days on the market before going under contract, compared to 180 days the prior year.
Based on current inventory and days-on-market data as of February 2026, CAPITAN, NM 88316 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 88 days on market compared to 180 days last year.
With SELL123.com's maximum 3% commission, sellers in CAPITAN, NM 88316 save an estimated $9,250 compared to a typical 5% commission on the median listing price of $462,500. 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.