88022
Arenas Valley, New Mexico.
Arenas Valley, Grant County, NM · Silver City, NM metro · population 1,326
to buy the typical home at today's mortgage rate — +$530 (+97%) since Jan 2020.
- 1 year
- Down $6,220 -3%
- $211,785$205,565 since Sep 2025
- 5 years
- Up $16,420 +9%
- $189,145$205,565 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 88022$1,079
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 42 years.
Typical home values in zip 88022 fell 2.9% over the past year — slower than the nation's +1.2%.
Zillow also publishes an index for the city itself: Arenas Valley, NM — measured over the city limits, which is a different area from this zip.
Typical home value — 88022
Mid-tier homes, smoothed and seasonally adjusted.
- 88022$205,565
- Silver City$178,898
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 3.5 | 88026 | Santa Clara | 1,604 | — | $97,346 |
| 6.6 | 88053 | Pinos Altos | 113 | — | $201,771 |
| 9.0 | 88023 | Bayard | 2,057 | — | $117,865 |
| 9.0 | 88065 | Tyrone | 814 | — | $180,413 |
| 13.7 | 88043 | Hurley | 1,210 | — | $105,877 |
| 17.0 | 88041 | Hanover | 925 | — | $156,246 |
| 18.0 | 88061 | Silver City | 17,464 | $1,400 | $218,981 |
| 18.3 | 88049 | Mimbres | 807 | — | $227,934 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.