House Prices

House Prices & Home Values Jal, NM 2026


Average Data

average house price$132,707
average size per house1636 ft²
average price per ft²82 $ / ft²

05/19/2026 - The value range (VR) for house prices in Jal, NM is $86/ sqft to $86/ sqft. An average home with 1636 sqft costs approximately $140,696 to $140,696. Jal, NM includes 1 ZIP codes and it is located in Lea county. The lowest prices are found in ZIP 88252, while the highest are in ZIP 88252. The average price per sqare feet is $82. Our analysis is based on 15 property listings.

Avergage prices by ZIP codes Jal

8825288 $ / ft²




Historical development of home values in Jal

Year Estimated value (USD) Change vs. 2025
2010 $61,632 -53.6%
2011 $59,248 -55.4%
2012 $59,089 -55.5%
2013 $61,297 -53.8%
2014 $64,345 -51.5%
2015 $67,648 -49.0%
2016 $71,178 -46.4%
2017 $75,020 -43.5%
2018 $79,167 -40.3%
2019 $82,838 -37.6%
2020 $87,120 -34.4%
2021 $99,090 -25.3%
2022 $115,517 -13.0%
2023 $121,818 -8.2%
2024 $128,865 -2.9%
2025 $132,707 0.0%

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



Example: 100% financing house in Jal

Loan amount: $132,707

Interest rate: 6.00%

Fixed monthly payment: $795.65

Breakdown in the 1st month:
Interest portion: $663.54  –  Principal portion: $132.11

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $7,918.09 $1,629.66 $131,077.34
2 $7,817.57 $1,730.17 $129,347.17
3 $7,710.86 $1,836.88 $127,510.29
4 $7,597.57 $1,950.18 $125,560.11
5 $7,477.28 $2,070.46 $123,489.65
6 $7,349.58 $2,198.16 $121,291.48
7 $7,214.00 $2,333.74 $118,957.74
8 $7,070.06 $2,477.68 $116,480.06
9 $6,917.25 $2,630.50 $113,849.56
10 $6,755.00 $2,792.74 $111,056.82
11 $6,582.75 $2,964.99 $108,091.82
12 $6,399.88 $3,147.87 $104,943.95
13 $6,205.72 $3,342.02 $101,601.93
14 $5,999.60 $3,548.15 $98,053.78
15 $5,780.75 $3,766.99 $94,286.79
16 $5,548.41 $3,999.33 $90,287.46
17 $5,301.74 $4,246.00 $86,041.46
18 $5,039.86 $4,507.89 $81,533.57
19 $4,761.82 $4,785.92 $76,747.65
20 $4,466.64 $5,081.11 $71,666.54
21 $4,153.25 $5,394.50 $66,272.04
22 $3,820.53 $5,727.22 $60,544.82
23 $3,467.28 $6,080.46 $54,464.36
24 $3,092.25 $6,455.49 $48,008.86
25 $2,694.09 $6,853.65 $41,155.21
26 $2,271.37 $7,276.37 $33,878.84
27 $1,822.58 $7,725.16 $26,153.68
28 $1,346.11 $8,201.63 $17,952.04
29 $840.25 $8,707.49 $9,244.55
30 $303.19 $9,244.55 $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 Jal, NM


1500 sqft3900 sqft
Ø selling price$148,830$316,602
Ø fast selling$135,300$284,942
Ø high price sale$162,360$348,263

In 2026, houses in Jal, NM will be offered at an average price of $82 per square foot. A 1,500 sqft home priced at $148,830 is 23.28% more expensive per square foot than a 3,900 sqft home priced at $316,602. Home prices in Jal, NM vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $219,187. Sellers who can wait longer may achieve a higher price of up to $267,895.


Discover Jal, New Mexico

Jal, NM is a welcoming city in Lea County that blends small-town charm with big energy-sector opportunity.
This southeastern New Mexico community sits in the heart of the Permian Basin, making it a strategic base for work, travel, and investment.

Location & Community

Positioned along NM-18 near the Texas border, Jal, New Mexico is about 40 miles south of Hobbs and a convenient gateway to regional highways.
Residents enjoy a tight-knit atmosphere, Friday night games, and local events that celebrate the area?s ranching and oil heritage.

Economy & Opportunity

The economy centers on oil and gas services, with strong demand for skilled trades jobs, trucking, safety, and maintenance professionals.
Entrepreneurs find opportunity in lodging, dining, and essential services that support field crews and traveling contractors.
As energy technology evolves, Jal also benefits from workforce training partnerships and a business-friendly environment that welcomes new investment.

Attractions & Outdoors

Outdoor lovers appreciate wide-open skies for stargazing and birding, plus easy trips to Hobbs for the Western Heritage Museum and Lea County Cowboy Hall of Fame.
Local parks, seasonal festivals, and youth programs provide family-friendly things to do all year.

Living in Jal

Housing and real estate remain relatively affordable, schools and basic healthcare are close to home, and larger hospitals, shopping, and airports are within a short regional drive.



FAQ – Home Values in Jal

What is the median home value in Jal in 2026?

In 2026, the typical home value in Jal is about $132,707 for an average home size of 1636 square feet. This corresponds to an average price of roughly $82 per square foot.

What is the average cost per square foot in Jal?

In 2026, homes in Jal sell for an average of around $82 per square foot, with a typical range between $86 and $86 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 Jal is about 1636 square feet, with an estimated 2026 value around $132,707.



Locations close to Jal, NM

Lake Arthur, NM106 $ / ft²
Lakewood, NM146 $ / ft²
Loco Hills, NM133 $ / ft²
Hope, NM134 $ / ft²
Hobbs, NM133 $ / ft²
Hagerman, NM120 $ / ft²
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