88049 — Hanover, NM Home Values
Typical home value $230,776 as of June 2026 · 2nd of 11 in Silver City, NM
Blue: typical home value (Zillow ZHVI) in ZIP code 88049, June 2021 to June 2026. This page shows observed data only; no forecast.
How 88049 compares in the Silver City, NM area
ZIP code 88049 (Hanover, NM) has a typical home value of $230,776 as of June 2026, ranking 2nd of 11 ZIP codes tracked in the Silver City, NM area, more expensive than about 91% of ZIP codes in the metro. Prices here have moved -7.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +22.0%, from $189,183 in June 2021 to $230,776 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Silver City, NM forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Silver City.
Population and demographics
ZIP code 88049 has a population of 586, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 77.9% White, and 22.1% Hispanic or Latino.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| SAN LORENZO ELEMENTARY | 5 GALAZ ST, SAN LORENZO, NM | 18.3 mi |
| CENTRAL ELEMENTARY | 211 CEDAR ST, SANTA CLARA, NM | 19.9 mi |
| BAYARD ELEMENTARY | 100 PARK ST, BAYARD, NM | 20.8 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 88049?
$230,776 as of June 2026, the latest month Zillow has published observed data for.
Is 88049 an expensive ZIP code in the Silver City, NM area?
88049 ranks 2nd of 11 ZIP codes in the Silver City, NM area by typical home value, more expensive than about 91% of ZIP codes in the metro.
How much have home values in 88049 changed over the past year?
-7.3% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 88049?
586, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 88049?
SAN LORENZO ELEMENTARY (18.3 mi), CENTRAL ELEMENTARY (19.9 mi), BAYARD ELEMENTARY (20.8 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 88049?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Silver City, NM forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.