Zip lookup · NM

88038
Gila, New Mexico.

Gila, Grant County, NM · Silver City, NM metro · population 580

What it costs per month · 88038 $1,006/mo

to buy the typical home at today's mortgage rate — +$491 (+96%) since Jan 2020.

What the home itself did
1 year
Up $1,263 +1%
$190,412$191,675 since Sep 2025
5 years
Up $17,417 +10%
$174,258$191,675 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.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 88038 $1,006 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 88038$1,006
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 36 years.

Typical home values in zip 88038 rose 0.7% over the past year — slower than the nation's +1.2%.

Typical home value $191,675 as of Sep 2026
+0.7%year on year

Typical home value — 88038

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2019 2020 2021 2022 2023 2024 2025 2026 88038 $191,675 Silver City $178,898 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2020 2022 2024 2026
  • 88038$191,675
  • Silver City$178,898
  • United States$366,157

Within 20 miles

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.