What is the average home price in Central 88026?

As of May '26, the median home price in Central 88026 is $99,000, based on Zillow home estimates.

How have home prices in Central 88026 changed over the past year?

As of May '26, home prices have decreased 10.4% over the past year, according to Zillow home estimates data.

What is the home price projection for Central 88026?

As of May '26, Zillow projects home prices in Central 88026 to decrease 4.9% in the next year.

What are the demographics of Central 88026?

According to the latest Census, the demographics of Central 88026 are 23.5% White, 0.0% Black, 0.0% Asian, 75.9% Hispanic. The population is 1,640, with 21.4% under 18 years old.

How long does it take homes to sell in Central 88026?

According to Realtor.com, as of May '26, the median home in Central 88026 is on the market for 178 days. This is a decrease of 9.0% from last year.

What is the average rent price in Central 88026?

The average rent price in Central 88026, as of the latest data, is $550. The average rent for 1 bedroom homes is $550. For 2, 3, and 4 bedroom homes, the average rent is N/A, N/A, and N/A respectively.

Central 88026 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Central—88026

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$99,000

10.4% YoY Growth

Household Income

$46,100

55.6% YoY Growth

Days on Market

178

9.0% Shorter YoY

Home Price Forecast

-4.9%

Median Rent

$550

N/A

1-Bed Rent

$550

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Other Zip Codes in Central

85531

Home Price Trends — Central

As of May '26, the median home price in Central is $99,000, with a year-over-year change of -10.4%. This indicates that home prices in Central are decreasing. According to Zillow, the 1-year price projection is -4.9%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$99,000	-10.4%
Single Family	$99,000	-5.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Central

Central lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$550	$550
Studio Rent	N/A	N/A
1 Bed Rent	$550	$550
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

2.6%

1 Bedroom

18.5%

2 Bedrooms

20.1%

3 Bedrooms

35.4%

4 Bedrooms

23.3%

Property Listings — Central

As of May '26, Realtor.com reports that the median days on market for a home in Central is 178. This is a decrease of -9.0% 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	$122,000	-15.0%
Listing Count	8	-9.0%
Listings as % of Homes	0.4%	-9.0%
Days on Market	178	-9.0%

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Demographics — Central

As of the latest ACS Survey released in 2023, Central has a population of 1,640, which has increased by 9.7% over the past 5 years. Central is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 16.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,640	9.7%
% Under 18	21.4%	-24.6%
% Seniors	30.4%	40.1%
% WFH	6.0%	140.0%
% w/ College Degree	16.7%	41.5%

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As of the latest ACS Survey released in 2023, Central is a predominantly hispanic area, with 75.9% of the population identifying as hispanic. The hispanic population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Central is white, making up 23.5% of the population. Foreign-born residents account for 3.5% of the population in Central, and this percentage has decreased by 36.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	23.5%	115.6%
% Black	0.0%	-100.0%
% Hispanic	75.9%	-4.3%
% Asian	0.0%	N/A
% Foreign Born	3.5%	-36.4%

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Mortgage and Risk — Central

According to HUD data as of 2023, there were 15 mortgage originations in Central, of which 47.0% of loans were conventional mortgages. The average loan-to-value was 86.0%, with 73.0% above 90% LTV (very high). This implies large mortgage risk in Central. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	15
% Conventional Loans	47.0%
% Government Loans	53.0%
% Investor Loans	0.0%
% Second Loans	7.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Central

Central lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	50
Total Units Section 8	18
% Rentals under Section 8	N/A
% Occupied Section 8	85.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$210	$550	$760
2 Bedroom	N/A	N/A	$940
3 Bedroom	N/A	N/A	$1,250
4 Bedroom	N/A	N/A	$1,290

Central—88026

Key Metrics at a Glance

Other Zip Codes in Central

Home Price Trends — Central

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Central

% of Rental Stock

Property Listings — Central

Demographics — Central

Race and Ethnicity

Mortgage and Risk — Central

Mortgages

Rentals and Section 8 — Central

Section 8 Market Size

Section 8 Opportunity

Affordability — Central

Home Price to Income Ratio

Central — ZIP Code Boundary Map

Nearby ZIP Codes

Arenas Valley, NM

Bayard, NM

Silver City, NM

Hurley, NM

Tyrone

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$99,000
Median Household Income	$46,100