What the Pros Know
Market Snapshot
Zip Code 88240 | Lea County, NM
41,652
Population
YoY
202229.3
Median Age
YoY
2022$63,083
Median Household Income
YoY
2022$275,000
Median Sale Price
1.8% MoM
8.9% YoY
6/202591
Homes Sold
1.1% MoM
5.2% YoY
6/20250.3
Months Inventory
33.3% MoM
10.3% YoY
6/202516
Days on Market
4 MoM
0 YoY
6/202531
Listings
34.0% MoM
36.7% YoY
6/2025152
Price per Sq Ft
5.6% MoM
0% YoY
6/2025
See 88240 on Zillow
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.