Area data
Silver city, NM — ZIP 88061
Population: 17,464 (Census ACS)
The median home value in ZIP 88061 (Silver city, NM) is $223,387 — down 6.3% over the past year. Homes sell for a median $292,000 after a median 115.5 days on market. Typical rent runs $1,575/month. 8 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with inlandflooding, lightning, wildfire the top-rated hazards. Cost of living is 7.5% below the US average (BEA, metro/state-level).
$223,387
Median home value
-6.3%
1-year change
115.5
Median days on market
Relatively Low
Hazard risk (county)
Home values & appreciation
- Median home value
- $223,387
- 1-year appreciation
- -6.3%
- 3-year appreciation
- -20.2%
- 5-year appreciation
- -7.1%
- 10-year appreciation
- +17.0%
- All-time peak (2023-06)
- $281,063
- House Price Index (state)
- 406.5 (+0.8% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $292,000
- Median list price
- $349,000
- Median price per sqft
- $179
- 1-year sale-price change
- +4.3%
- Median days on market
- 115.5 days
- Homes sold (recent period)
- 38
- For-sale inventory
- 105
- Active listings
- 71
- 1-year forecast
- -3.2%
- New listings (monthly)
- 22
Source: recent area sales and market data (ZIP-level)
Rents
- Typical rent
- $1,575/mo
- Studio fair-market rent
- $882/mo
- 1BR fair-market rent
- $1,103/mo
- 2BR fair-market rent
- $1,319/mo
- 3BR fair-market rent
- $1,715/mo
- 4BR fair-market rent
- $1,979/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (Below Average)
- 92.5 (100 = US avg)
- Electricity rate (state-level)
- 15.1¢/kWh
- Natural gas rate (state-level)
- $9.80/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 8
- Elementary schools
- 4
- Middle schools
- 1
- High schools
- 2
- Charter schools
- 1
- School districts serving the area
- ALDO LEOPOLD CHARTER, SILVER CONSOLIDATED SCHOOLS
- Schools include
- ALDO LEOPOLD CHARTER, HARRISON SCHMITT ELEMENTARY, JOSE BARRIOS ELEMENTARY, LA PLATA MIDDLE, SILVER HIGH
Source: NCES school directory, 2022-23 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively Low
- Top hazards (county)
- inlandFlooding, lightning, wildfire, winterWeather
- Notable hazard ratings (county)
- drought: Relatively Low · heatWave: Relatively Low · inlandFlooding: Relatively Moderate · landslide: Relatively Low · lightning: Relatively Moderate · wildfire: Relatively Moderate
- FEMA flood zone
- X
- Flood risk level
- Minimal
- Wildfire risk to homes (county)
- Higher than 90% of US counties
- Buildings in wildfire direct-exposure zone
- 56.7%
- Radon potential (county)
- Moderate radon potential — EPA Zone 2 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Average annual temperature
- 58.0°F
- Average high
- 68.0°F
- Average low
- 48.0°F
- Annual precipitation
- 10.6 in
- Annual snowfall
- 23.2 in
- USDA plant hardiness zone
- 7b (extreme annual low 5 to 10°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Walkability & transit
- Walkability index
- 9.7 / 20
- Transit service frequency
- -99,999
- Jobs reachable by car (30 min)
- 2,628
- Jobs reachable by transit (45 min)
- 2,587
Source: EPA Smart Location Database (metropolitan block groups)
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Gila Cliff Dwellings National Monument (40 mi)
- Airports within 30 mi
- 7
- Nearest airport
- Turner Ranch Airport (8 mi)
- Nearest major airport
- Grant County Airport (SVC) (11 mi)
- Hospitals nearby (~15 mi)
- 1
- Hospitals include
- GILA REGIONAL MEDICAL CENTER
- Avg hospital rating (CMS)
- 2.0 / 5
- Best hospital rating nearby (CMS)
- 2.0 / 5
- Solar radiation rating
- Excellent (5.7 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- +70 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 1,980
- Housing built before 1970
- 29.9%
- Housing built 2000 or later
- 16.8%
- Median annual property tax
- $914
- Mean commute to work
- 14 min
- Households with broadband internet
- 61.1%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 6,429
- Average weekly wage
- $1,001
- Top industries (by employment)
- Mining, Health Care, Administrative Services
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| ZIP 88061 | State median | US median | |
|---|---|---|---|
| Median home value | $223,387 | $276,184 | $289,727 |
| Median sale price | $292,000 | $325,000 | $325,000 |
| Median days on market | 116 days | 90 days | 51 days |
| Typical rent | $1,575/mo | $1,508/mo | $1,808/mo |
| Median annual property tax | $914 | $929 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in ZIP 88061?
- $223,387.
- What is the median sale price in ZIP 88061?
- $292,000.
- How long do homes take to sell in ZIP 88061?
- Median days on market: 115.5 days.
- What is typical rent in ZIP 88061?
- Typical rent: $1,575/month.
- What is the natural-hazard risk in ZIP 88061?
- Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: inlandFlooding, lightning, wildfire, winterWeather.
- Is ZIP 88061 in a flood zone?
- Minimal (FEMA NFIP). FEMA flood zone X.
- What is the wildfire risk in ZIP 88061?
- Risk to homes is higher than 90% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in ZIP 88061?
- Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near ZIP 88061?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- How many schools serve ZIP 88061?
- 8 schools (4 elementary, 1 middle, 2 high) (NCES, 2022-23).
- Is ZIP 88061 walkable?
- Walkability index: 9.7/20 (EPA Smart Location Database).
- What is the cost of living in ZIP 88061?
- Regional Price Parity: 92.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).
Nearby ZIP codes
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →