88203 — Roswell, NM Home Values
Typical home value $144,462 as of June 2026 · 3rd of 3 in Roswell, NM
Blue: typical home value (Zillow ZHVI) in ZIP code 88203, June 2021 to June 2026. This page shows observed data only; no forecast.
How 88203 compares in the Roswell, NM area
ZIP code 88203 (Roswell, NM) has a typical home value of $144,462 as of June 2026, ranking 3rd of 3 ZIP codes tracked in the Roswell, NM area, more expensive than about 33% of ZIP codes in the metro. Prices here have moved +0.6% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +1.6%, from $142,129 in June 2021 to $144,462 in June 2026. Against observed rent, the typical home here sells for 9.1× the annual rent ($1,328/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Roswell, NM forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Roswell.
Population and demographics
ZIP code 88203 has a population of 28,637, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 67.2% Hispanic or Latino, 28.9% White, 1.4% Black or African American, 1.4% two or more races, 0.5% another race, 0.4% American Indian or Alaska Native, and 0.1% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| DEXTER HIGH | 100 NORTH LINCOLN, DEXTER, NM | 18.6 mi |
| DEXTER MIDDLE | 100 NORTH LINCOLN, DEXTER, NM | 18.7 mi |
| DEXTER ELEMENTARY | 400 WEST 1ST, DEXTER, NM | 18.9 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 88203?
$144,462 as of June 2026, the latest month Zillow has published observed data for.
Is 88203 an expensive ZIP code in the Roswell, NM area?
88203 ranks 3rd of 3 ZIP codes in the Roswell, NM area by typical home value, more expensive than about 33% of ZIP codes in the metro.
How much have home values in 88203 changed over the past year?
+0.6% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 88203?
The typical home price is 9.1× the observed annual rent in this ZIP code ($1,328/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 88203?
28,637, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 88203?
DEXTER HIGH (18.6 mi), DEXTER MIDDLE (18.7 mi), DEXTER ELEMENTARY (18.9 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 88203?
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 Roswell, 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.