Is Timberon, NM 88350 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Timberon is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Timberon housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Otero County, NM

Population	479
Owner-occupied	100% of homes
Median year built	1984

Natural hazard riskWildfire (very high), winter storms (very high), extreme heat (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 88350; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 88350

Prefilled for 88350Can I win this house?Multiple-offer likelihood for a listing Prefilled for 88350Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alamogordo 88310Seller’s market $161 /sq ft Bent 88314 — /sq ft Chaparral 88081Balanced $187 /sq ft Cloudcroft 88317Buyer’s market $237 /sq ft Browse all markets →

Where Timberon is

Loading map…

Questions about Timberon real estate

What are property taxes in Timberon?

About 0.55% of a home’s value a year in Otero County, or roughly $2,200 on a $400,000 home.

Local agents

See all agents in 88350 →

No sponsored agents in 88350 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 88350

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Otero County property taxes Otero County loan limits Closing costs in New Mexico Hottest ZIP codes in New Mexico

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="88350"><a href="https://offerbacked.com/market/88350">Timberon, NM 88350 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview Dark version

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology