88041
Hanover, New Mexico.
Hanover, Grant County, NM · Silver City, NM metro · population 925
to buy the typical home at today's mortgage rate — +$244 (+42%) since Jan 2020.
- 1 year
- Down $3,160 -2%
- $159,405$156,246 since Sep 2025
- 5 years
- Down $22,125 -12%
- $178,371$156,246 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.
- 88041$820
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in zip 88041 fell 2.0% over the past year — slower than the nation's +1.2%.
Zillow also publishes an index for the city itself: Hanover, NM — measured over the city limits, which is a different area from this zip.
Typical home value — 88041
Mid-tier homes, smoothed and seasonally adjusted.
- 88041$156,246
- 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 |
|---|---|---|---|---|---|
| 11.7 | 88023 | Bayard | 2,057 | — | $117,865 |
| 15.3 | 88026 | Santa Clara | 1,604 | — | $97,346 |
| 17.0 | 88022 | Arenas Valley | 1,326 | — | $205,565 |
| 17.4 | 88043 | Hurley | 1,210 | — | $105,877 |
| 19.4 | 88042 | Hillsboro | 205 | — | $240,913 |
| 20.0 | 88053 | Pinos Altos | 113 | — | $201,771 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.