The story of this market
The typical home in ZIP 88102 sells for about $145,000, or $112 per square foot.
Prices are up +3.5% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 88102 — Clovis
The housing market in 88102 remains stable with low inventory and modest price appreciation. Activity is driven by local demand and proximity to Clovis, with limited new construction keeping supply tight. Market conditions are expected to remain consistent with historical trends in the near term.
This ZIP is best suited for local agricultural workers, families seeking a quiet rural lifestyle, and those who work in the nearby Clovis employment hub. It is less attractive to investors seeking high-turnover rental markets or urban amenities.
Median prices moved up 3.5% year over year.
Homes spend a median of 84 days on market with 6.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 14.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 88102, Curry County NM
Crime rates in this rural area are generally lower than the national average, with property crime being the primary concern. Local law enforcement reports stable trends consistent with regional patterns in eastern New Mexico.
Schools serving this area are part of the Clovis Municipal School District, which provides standard public education services. Performance metrics are generally consistent with rural district averages in the state.
The area faces moderate risks from wind and occasional severe thunderstorms, with low flood risk for most residential parcels. Insurance premiums are influenced by regional wildfire and hail exposure common to the high plains.
Economic momentum is primarily driven by agriculture and regional logistics hubs in nearby Clovis. Infrastructure development is focused on maintaining existing rural transit corridors rather than large-scale new construction.
Property taxes are assessed by the Curry County Assessor based on a millage rate structure that funds local schools, county services, and municipal operations. Exemptions are available for primary residences and veterans as per New Mexico state law.
Commuting is primarily car-dependent, with most residents driving to nearby Clovis for employment and essential services. Public transit options are not available in this rural ZIP code.
Recreational opportunities are limited, consisting primarily of local community parks and open spaces. Shopping and dining amenities are concentrated in the nearby city of Clovis.
The rental market is characterized by low inventory and modest demand, primarily serving local workers and families. Vacancy rates are generally low due to the limited supply of multi-family housing.
The economy is anchored by agriculture, regional retail, and public sector employment in the Clovis area. It maintains a stable, slow-growth profile typical of rural New Mexico.
Transportation is dominated by private vehicle use on state highways. There is no significant public transit infrastructure serving this rural ZIP code.
There are no major large-scale developments currently approved or under construction within this ZIP code.
The Curry County Assessor manages property valuations, utilizing a mass appraisal system to determine taxable values for residential and agricultural parcels.
Parcels are subject to school district taxes and county-level levies for emergency services and public health.
Property insurance markets are stable but sensitive to regional weather risks, including hail and wind damage common to the high plains.
New Mexico has experienced modest net domestic migration, with rural areas seeing stable population levels as residents move toward regional employment centers.
New Mexico is a judicial foreclosure state, requiring court intervention to complete the foreclosure process, which typically extends the timeline for lenders.
Sellers are required to provide a written disclosure statement regarding the condition of the property, including known material defects, prior to closing.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A major regional park located in nearby Clovis serving the area.
The primary commercial district for the region.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.