Boles Acres, NM housing market
The median sale price was $358,000 in April 2026.
Home values, sales, trends and how Boles Acres compares with the towns next door — updated as new data is published.
Boles Acres at a glance
Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 59% in 5 years
The federal house price index for the ZIP codes around Boles Acres rose 59% over the past 5 years, faster than across New Mexico (50%). Last year prices rose 8.9%.
Show as a table
| Year | Change that year | Since 2000 | New Mexico since 2000 |
|---|---|---|---|
| 2025 | +8.9% | +131% | +151% |
| 2024 | +10% | +112% | +143% |
| 2023 | +6.2% | +92% | +131% |
| 2022 | +13% | +81% | +114% |
| 2021 | +9.7% | +60% | +87% |
| 2020 | +5.5% | +46% | +68% |
| 2019 | +5.6% | +38% | +60% |
| 2018 | +1.4% | +31% | +52% |
| 2017 | +0.6% | +29% | +47% |
| 2016 | −1.3% | +28% | +42% |
| 2015 | +0.5% | +30% | +38% |
| 2014 | −4.1% | +29% | +36% |
| 2013 | −0.2% | +35% | +34% |
| 2012 | −2.9% | +35% | +33% |
| 2011 | −0.3% | +39% | +37% |
| 2010 | +1.2% | +40% | +43% |
| 2009 | −1.2% | +38% | +49% |
| 2008 | +1.2% | +40% | +57% |
| 2007 | +4.8% | +38% | +59% |
| 2006 | +6.9% | +32% | +50% |
| 2005 | +5.8% | +23% | +33% |
| 2004 | +9.3% | +16% | +18% |
| 2003 | +3.2% | +6.5% | +11% |
| 2002 | −1.6% | +3.2% | +6.8% |
| 2001 | +4.9% | +4.9% | +3.6% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 88310, 88311, covering 81% of Boles Acres’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Boles Acres and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2009 | Median income |
|---|---|---|---|---|---|
| Boles Acres | — | +8.9%† | $970 | — | $52,788 |
| Alamogordo | $223K | −2.9% | $970 | 0 | $55,952 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $970
HUD's Fair Market Rent for a two-bedroom in Boles Acres is $970 a month, utilities included: roughly what a modest, recently rented unit costs. A two-bedroom takes about 22% of the town's median household income.
Studio $670 · 4 bedrooms $1,640
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (88310, 88311; Otero County, NM), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.