House Prices

House Prices & Home Values Malaga, NM 2026


Average Data

average house price$257,238
average size per house2092 ft²
average price per ft²123 $ / ft²

04/05/2026 - The value range (VR) for house prices in Malaga, NM is $131/ sqft to $131/ sqft. An average home with 2092 sqft costs approximately $274,052 to $274,052. Malaga, NM includes 1 ZIP codes and it is located in Eddy county. The lowest prices are found in ZIP 88263, while the highest are in ZIP 88263. The average price per sqare feet is $123. Our analysis is based on 26 property listings.

Avergage prices by ZIP codes Malaga

88263143 $ / ft²




Historical development of home values in Malaga

Year Estimated value (USD) Change vs. 2025
2010 $119,466 -53.6%
2011 $114,846 -55.4%
2012 $114,537 -55.5%
2013 $118,818 -53.8%
2014 $124,726 -51.5%
2015 $131,128 -49.0%
2016 $137,971 -46.4%
2017 $145,418 -43.5%
2018 $153,457 -40.3%
2019 $160,573 -37.6%
2020 $168,874 -34.4%
2021 $192,075 -25.3%
2022 $223,917 -13.0%
2023 $236,131 -8.2%
2024 $249,791 -2.9%
2025 $257,238 0.0%

Graph: estimated home values in Malaga over time (USD)



Example: 100% financing house in Malaga

Loan amount: $257,238

Interest rate: 6.00%

Fixed monthly payment: $1,542.27

Breakdown in the 1st month:
Interest portion: $1,286.19  –  Principal portion: $256.08

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $15,348.35 $3,158.91 $254,079.09
2 $15,153.51 $3,353.75 $250,725.34
3 $14,946.66 $3,560.60 $247,164.74
4 $14,727.05 $3,780.21 $243,384.53
5 $14,493.90 $4,013.36 $239,371.17
6 $14,246.36 $4,260.90 $235,110.27
7 $13,983.56 $4,523.70 $230,586.56
8 $13,704.55 $4,802.72 $225,783.85
9 $13,408.33 $5,098.94 $220,684.91
10 $13,093.83 $5,413.43 $215,271.49
11 $12,759.95 $5,747.32 $209,524.17
12 $12,405.46 $6,101.80 $203,422.37
13 $12,029.12 $6,478.14 $196,944.23
14 $11,629.56 $6,877.70 $190,066.53
15 $11,205.36 $7,301.90 $182,764.63
16 $10,754.99 $7,752.27 $175,012.36
17 $10,276.85 $8,230.41 $166,781.95
18 $9,769.22 $8,738.04 $158,043.90
19 $9,230.27 $9,276.99 $148,766.92
20 $8,658.09 $9,849.17 $138,917.75
21 $8,050.61 $10,456.65 $128,461.10
22 $7,405.67 $11,101.59 $117,359.51
23 $6,720.95 $11,786.31 $105,573.20
24 $5,994.00 $12,513.27 $93,059.93
25 $5,222.20 $13,285.06 $79,774.87
26 $4,402.81 $14,104.45 $65,670.42
27 $3,532.88 $14,974.38 $50,696.04
28 $2,609.29 $15,897.97 $34,798.07
29 $1,628.74 $16,878.52 $17,919.55
30 $587.71 $17,919.55 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Malaga, NM


1500 sqft3900 sqft
Ø selling price$223,246$474,904
Ø fast selling$202,951$427,413
Ø high price sale$243,541$522,394

In 2026, houses in Malaga, NM will be offered at an average price of $123 per square foot. A 1,500 sqft home priced at $223,246 is 25.09% more expensive per square foot than a 3,900 sqft home priced at $474,904. Home prices in Malaga, NM vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $328,779. Sellers who can wait longer may achieve a higher price of up to $401,842.

FAQ – Home Values in Malaga

What is the median home value in Malaga in 2026?

In 2026, the typical home value in Malaga is about $257,238 for an average home size of 2092 square feet. This corresponds to an average price of roughly $123 per square foot.

What is the average cost per square foot in Malaga?

In 2026, homes in Malaga sell for an average of around $123 per square foot, with a typical range between $131 and $131 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Malaga is about 2092 square feet, with an estimated 2026 value around $257,238.



Locations close to Malaga, NM

Maljamar, NM127 $ / ft²
Monument, NM186 $ / ft²
Tatum, NM81 $ / ft²
Mcdonald, NM132 $ / ft²
Lovington, NM127 $ / ft²
Loving, NM165 $ / ft²
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