Carrizozo, NM 88301 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Carrizozo, NM—88301

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$149,000

16.6% YoY Growth

Household Income

$40,300

16.2% YoY Growth

Days on Market

143

12.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Other Zip Codes in Carrizozo, NM

88341

Home Price Trends — Carrizozo, NM

Carrizozo, NM lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$149,000	-16.6%
Single Family	$149,000	-16.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Carrizozo, NM

Carrizozo, NM lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

18.4%

1 Bedroom

20.7%

2 Bedrooms

48.3%

3 Bedrooms

12.6%

Property Listings — Carrizozo, NM

As of Dec '25, Realtor.com reports that the median days on market for a home in Carrizozo, NM is 116. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$230,000	2.0%
Listing Count	11	33.0%
Listings as % of Homes	0.8%	33.0%
Days on Market	143	-12.0%

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Demographics — Carrizozo, NM

As of the latest ACS Survey released in 2023, Carrizozo, NM has a population of 1,270, which has increased by 7.1% over the past 5 years. Carrizozo, NM is a less popular place for families, as children make up 6.0% of the population. The area has a poorly educated workforce, with 17.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,270	7.1%
% Under 18	6.0%	-71.2%
% Seniors	33.6%	57.7%
% WFH	11.8%	6.3%
% w/ College Degree	17.7%	1.7%

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As of the latest ACS Survey released in 2023, Carrizozo, NM is a predominantly hispanic area, with 55.5% of the population identifying as hispanic. The hispanic population has grown by 72.4% in the last 5 years. The second most common race or ethnicity in Carrizozo, NM is white, making up 32.1% of the population. Foreign-born residents account for 2.9% of the population in Carrizozo, NM, and this percentage has increased by 16.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	32.1%	-35.3%
% Black	0.4%	33.3%
% Hispanic	55.5%	72.4%
% Asian	0.0%	-100.0%
% Foreign Born	2.9%	16.0%

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Mortgage and Risk — Carrizozo, NM

According to HUD data as of 2023, there were 18 mortgage originations in Carrizozo, NM, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Carrizozo, NM. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	18
% Conventional Loans	61.0%
% Government Loans	39.0%
% Investor Loans	0.0%
% Second Loans	6.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Carrizozo, NM

Carrizozo, NM lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	22
Total Units Section 8	3
% Rentals under Section 8	0.0%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$910
2 Bedroom	N/A	N/A	$1,100
3 Bedroom	N/A	N/A	$1,550
4 Bedroom	N/A	N/A	$1,860

Carrizozo, NM—88301

Key Metrics at a Glance

Other Zip Codes in Carrizozo, NM

Home Price Trends — Carrizozo, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Carrizozo, NM

% of Rental Stock

Property Listings — Carrizozo, NM

Demographics — Carrizozo, NM

Race and Ethnicity

Mortgage and Risk — Carrizozo, NM

Mortgages

Rentals and Section 8 — Carrizozo, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Carrizozo, NM

Home Price to Income Ratio

Carrizozo, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Carrizozo, NM

Alto, NM

Ponderosa Heights

Ruidoso, NM

Capitan, NM

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	$149,000
Median Household Income	$40,300

Carrizozo, NM—88301

Key Metrics at a Glance

Other Zip Codes in Carrizozo, NM

Home Price Trends — Carrizozo, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Carrizozo, NM

% of Rental Stock

Property Listings — Carrizozo, NM

Demographics — Carrizozo, NM

Race and Ethnicity

Mortgage and Risk — Carrizozo, NM

Mortgages

Rentals and Section 8 — Carrizozo, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Carrizozo, NM

Home Price to Income Ratio

Carrizozo, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Carrizozo, NM

Alto, NM

Ponderosa Heights

Ruidoso, NM

Capitan, NM

Frequently Asked Questions

What is the average home price in Carrizozo, NM 88301?

How have home prices in Carrizozo, NM 88301 changed over the past year?

What is the home price projection for Carrizozo, NM 88301?

What are the demographics of Carrizozo, NM 88301?

How long does it take homes to sell in Carrizozo, NM 88301?

What is the average rent price in Carrizozo, NM 88301?