88023
Bayard, New Mexico.
Bayard, Grant County, NM · Silver City, NM metro · population 2,057
to buy the typical home at today's mortgage rate — +$299 (+94%) since Jan 2020.
- 1 year
- Down $7,031 -6%
- $124,896$117,865 since Sep 2025
- 5 years
- Down $2,620 -2%
- $120,486$117,865 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.
- 88023$619
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in zip 88023 fell 5.6% over the past year — slower than the nation's +1.2%.
Zillow also publishes an index for the city itself: Bayard, NM — measured over the city limits, which is a different area from this zip.
Typical home value — 88023
Mid-tier homes, smoothed and seasonally adjusted.
- 88023$117,865
- 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 |
|---|---|---|---|---|---|
| 5.7 | 88026 | Santa Clara | 1,604 | — | $97,346 |
| 7.1 | 88043 | Hurley | 1,210 | — | $105,877 |
| 9.0 | 88022 | Arenas Valley | 1,326 | — | $205,565 |
| 11.7 | 88041 | Hanover | 925 | — | $156,246 |
| 13.1 | 88065 | Tyrone | 814 | — | $180,413 |
| 15.0 | 88053 | Pinos Altos | 113 | — | $201,771 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.