ZIP Code Market Report
88053 — Silver City, NM
Data through February 2026 · Updated monthly
Avg Home Value
$209,190
▼ 0.8% year-over-year
Month-over-Month
-1.3%
▼ 1.3%
Single Family
$206,765
Condo / Co-op
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The average home value in the 88053 ZIP code (Silver City, NEW-MEXICO) is $209,190 as of February 2026. Home prices are stable, down 0.8% compared to last year.
Looking ahead, Zillow's forecast model projects home values in the 88053 ZIP code will decrease 2.0% over the next 12 months, bringing the projected average to approximately $205,006. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Grant County market area in NEW-MEXICO. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Grant County report.
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Market Snapshot
88053 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $212,777 | $211,966 | $209,190 | ▼ 1.7% |
| Single Family Value | $204,449 | $206,052 | $206,765 | ▲ 1.1% |
Home Values
88053 Home Value Trend
Historical home values for ZIP code 88053. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 88053
How different property types compare in this ZIP code.
All Homes
$209,190
Single Family
$206,765
Top Tier
$327,957
Forecast
12-Month Home Value Forecast for 88053
Zillow projects home values in 88053 will decrease 2.0% over the next year, reaching approximately $205,006.
Current Value
$209,190
Projected Change
-2.0%
▼ 2.0%
Projected Value
$205,006
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 88053 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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