Monument, NM 88265 housing market
Data through Sep 2026 · Seller's market · leverage 42
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Buyer Leverage Score
42
Jan 2026
Months of Supply
3.0 months
Nov 2025
Days on Market
347 days
Jan 2026
Price Cut %
0.0%
Sep 2026
Expected Disaster Loss
$262
Dec 2025
What this means
- Supply. Listings are 50% below the 2017-19 norm: still a tight market.
- Negotiating. Buyer leverage is moderate (42/100; U.S.: 54) (as of Jan 2026): 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $262 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding. Flood isn't covered by standard homeowners insurance.
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Other ZIP codes in Lea County, NM
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Hobbs, NM 88240 | $200.1K | +4.2% | 8 |
| Lovington, NM 88260 | $196.8K | +3.7% | 1 |
| Hobbs, NM 88242 | $296.4K | +6.8% | 23 |
| Eunice, NM 88231 | $162.3K | +5.0% | 10 |
| Jal, NM 88252 | $151.1K | −6.7% | 12 |
| Tatum, NM 88267 | $151.1K | −11.5% | 100 |
| ZIP 88244 | – | – | – |
| Mcdonald, NM 88262 | – | – | 86 |
| ZIP 88114 | – | – | – |
| Maljamar, NM 88264 | – | – | – |