Zip lookup · NM

88301
Carrizozo, New Mexico.

Carrizozo, Lincoln County, NM · Ruidoso, NM metro · population 1,197

What it costs per month · 88301 $784/mo

to buy the typical home at today's mortgage rate — $239 (-23%) since Dec 2023.

What the home itself did
1 year
Down $12,800 -8%
$162,090$149,290 since Sep 2025

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 88301 $784 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 88301$784
  • United States$1,922

Typical home values in zip 88301 fell 7.9% over the past year — slower than the nation's +1.2%.

This zip spans 2 counties: Lincoln County, NM 98% · Socorro County, NM 2%

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

Typical home value $149,290 as of Sep 2026
-7.9%year on year

Typical home value — 88301

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2024 2025 2026 88301 $149,290 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2024 2025 2026
  • 88301$149,290
  • United States$366,157

Within 20 miles

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
17.0 88341 Nogal 653 — $368,159

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