Zip lookup · NM

88316
Capitan, New Mexico.

Capitan, Lincoln County, NM · Ruidoso, NM metro · population 2,194

What it costs per month · 88316 $1,315/mo

to buy the typical home at today's mortgage rate — +$66 (+5%) since Dec 2023.

What the home itself did
1 year
Up $10,672 +4%
$239,958$250,630 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 88316 $1,315 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 88316$1,315
  • United States$1,922

Typical home values in zip 88316 rose 4.4% over the past year — faster than the nation's +1.2%.

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

Typical home value $250,630 as of Sep 2026
+4.4%year on year

Typical home value — 88316

Mid-tier homes, smoothed and seasonally adjusted.

$250,000 $300,000 $350,000 2024 2025 2026 88316 $250,630 United States $366,157
$250,000 $300,000 $350,000 2024 2025 2026
  • 88316$250,630
  • United States$366,157

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