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Gila 88038

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.New Mexico
$388K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Housing Stock

HomesHow many homes we have records for in this area.217
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$388K
Median sizeThe middle home size here, measured in square feet.1,404 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1975
Single familyThe share of homes here that are single-family houses.66%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.97%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.78%
Company ownedThe share of homes owned by a company or trust instead of a person.14%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.0%
Typical ownership tenureHow long the typical owner here has held their home.18.4 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.145
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.71

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.75%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.17%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.17%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.5%
PopulationHow many people live in this area.6
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$42K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$58K
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.24 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.76%

How Gila 88038 compares

By median home value, Gila 88038 is the 2nd most expensive of 14 ZIP codes in Grant County, and its typical home is worth more than 84% of all homes in Grant County.

Home values in Gila 88038

Share of homes at each estimated value.

Median
$199K$941K
ZIP codes in Grant County ranked by median home value
#Grant CountyMedian valueHomes
1Pinos Altos 88053$390K183
2Gila 88038$388K217
3Faywood 88034$384K101
4Arenas Valley 88022$323K602
5Buckhorn 88025$308K113
6Cliff 88028$307K235
7Mimbres 88049$287K692
8Silver City 88061$283K9,931
9Hanover 88041$281K523
10Tyrone 88065$185K360
11Hurley 88043$141K872
12Hachita 88040$138K115
13Bayard 88023$130K1,362
14Santa Clara 88026$108K1,287

About the Gila 88038 market

How many homes are there in Gila 88038, NM?

Gila 88038, NM contains 217 residential properties, with a median of 1,404 square feet, 3 bedrooms, built around 1975. The median TopHap Estimate is $388K.

How does Gila 88038, NM compare to the rest of Grant County?

By median home value, Gila 88038, NM is the 2nd most expensive of 14 ZIP codes in Grant County. Its typical home is worth more than 84% of all homes in Grant County. Pinos Altos 88053 ranks just above it and Faywood 88034 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Gila 88038, NM?

78% of homes in Gila 88038, NM are owner-occupied. 14% are held by a company rather than an individual.

How much equity do owners in Gila 88038, NM hold?

97% of mortgaged homes in Gila 88038, NM are equity-rich, meaning the loan balance is under half the home's value. 0.0% owe more than the home is worth.

Nearby markets

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Explore Gila 88038 on the map

See every recorded sale, price heat map, school zone and flood overlay across Gila 88038 in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
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