Zip lookup · NM

88053
Silver City, New Mexico.

Silver City, Grant County, NM · Silver City, NM metro · population 113

What it costs per month · 88053 $1,059/mo

to buy the typical home at today's mortgage rate — +$484 (+84%) since Feb 2021.

What the home itself did
1 year
Down $6,501 -3%
$208,272$201,771 since Sep 2025
5 years
Up $13,214 +7%
$188,557$201,771 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 88053 $1,059 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 88053$1,059
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 51 years.

Typical home values in zip 88053 fell 3.1% over the past year — slower than the nation's +1.2%.

Zillow also publishes an index for the city itself: Silver City, NM — measured over the city limits, which is a different area from this zip.

Typical home value $201,771 as of Sep 2026
-3.1%year on year

Typical home value — 88053

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $250,000 $300,000 $350,000 2021 2022 2023 2024 2025 2026 88053 $201,771 Silver City $178,898 United States $366,157
$200,000 $250,000 $300,000 $350,000 2022 2024 2026
  • 88053$201,771
  • 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
6.6 88022 Arenas Valley 1,326 — $205,565
10.1 88026 Santa Clara 1,604 — $97,346
13.5 88049 Mimbres 807 — $227,934
13.6 88065 Tyrone 814 — $180,413
15.0 88023 Bayard 2,057 — $117,865
17.3 88038 Gila 580 — $191,675
20.0 88041 Hanover 925 — $156,246

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