HousingHandbookReference data

U.S. ZIP Code · NM88352

Otero County

Typical home value

$183,845[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-4.6%
5-year / yr
+6.7%
10-year / yr

Relative price

vs U.S.
-35.3%
vs metro
vs state
-34.2%
ZIP 88352 location in NM
Location of ZIP 88352 in NM

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 88352 is worth $183,845. Over the past year, values have fallen 4.6%. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.5%[3]
Typical annual tax
$943[3]

#Climate risk

FEMA National Risk Index ratings for Otero County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Relatively High
Drought
Relatively Moderate
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Very Low
Earthquake
Very Low
Winter weather
Relatively High

#Who lives here

Population
4,124[3]
Median household income
$48,693[3]

#Migration

Household moves in and out of Otero County over a year, from IRS tax-return data.

Net migration
+219[5]
Moved in
2,614
Moved out
2,395

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
2
Middle
1
High
1
  • TULAROSA HIGH

    High · Grades 9–12 · TULAROSA

    299 students

  • TULAROSA INTERMEDIATE

    Elementary · Grades 3–6 · TULAROSA

    292 students

  • TULAROSA ELEMENTARY

    Elementary · Grades PK–2 · TULAROSA

    211 students

  • TULAROSA MIDDLE

    Middle · Grades 7–8 · TULAROSA

    132 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$930
Loan principal$147,076
Down payment$36,769
Total interest paid$187,587

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,161
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 88352?
The typical home in 88352 is worth $183,845, based on the Zillow Home Value Index.
Are home values rising in 88352?
Home values in 88352 are down 4.6% over the past year, and up 6.7% a year over five years.
What is the property tax rate in 88352?
The effective property tax rate in 88352 is 0.5% — roughly $943 a year on a typical home.
Who lives in 88352?
ZIP code 88352 has a population of 4,124 and a median household income of $48,693.

Compare ZIPs

Pit ZIP 88352 against any other ZIP — full side-by-side table.

Compare 88352

#Jump to section