88220 Home Values & Market Trends
There are 14 homes currently listed for 88220. 88220 real estate market trends show that home prices range from $69,900 to $1,599,000, and the median sales price in the 88220 zip code is $170,474.2. The total number of properties sold within the past twelve months is 487. In 88220, 20 properties are in foreclosure, 6 are bank owned properties,and 2 are headed for auction.
88220 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Carlsbad | $ 216,500 $ 97/sqft |
Housing Market Summary for 88220
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $273K | $182.3K | -33.23% |
| Median Sold Price | $179.6K | $182.3K | 1.49% |
| Homes For Sale | 19 | 11 | -42.11% |
| Homes Sold | 290 | 242 | -16.55% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 88220
Browse Homes in 88220
The median list price of a home in Carlsbad, is $170,474.2. A total of 14 properties are for sale, and the percentage of properties for sale in the zip code is 14.00%. The total count of 88220 properties is 13,337.
- Pre-ForeclosurePre-foreclosure homes account for 0.09% of all residential properties in 88220 with carlsbad containing 12 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 88220; of that cities, the estimated home value for pre-foreclosure homes ranges from $455,114 in carlsbad to the lowest home value of $90,042 in carlsbad.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 88220 ranges from the highest value of $401,630 in carlsbad to the lowest value of $137,942 in carlsbad. Bank owned homes and properties account for 0.04% of properties in 88220. There is 1 cities within 88220; carlsbad containing 6 REO properties, has the highest number of bank owned properties in a single city.
- Auctionscarlsbad has 2 auction properties, the highest number of properties going to auction in a single city in the state of 88220. Auction homes and other auction properties account for 0.01% of all properties in 88220. There is 1 cities within 88220; of that cities, the median estimated home value for homes going to auction ranges from $159,590 in carlsbad to the lowest value of $102,654 in carlsbad.
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More Real Estate Resources for 88220
Guide for 88220
This article describes the fluctuating real estate market of Santa Fe and neighboring cities from July 2023 to March 2024, focusing on property values, sale prices, and number of sold homes.
Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.
