House Prices

House Prices & Home Values Maljamar, 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 Maljamar, NM is $138/ sqft to $138/ sqft. An average home with 2092 sqft costs approximately $288,696 to $288,696. Maljamar, NM includes 1 ZIP codes and it is located in Lea county. The lowest prices are found in ZIP 88264, while the highest are in ZIP 88264. The average price per sqare feet is $123. Our analysis is based on 26 property listings.

Avergage prices by ZIP codes Maljamar

88264127 $ / ft²




Historical development of home values in Maljamar

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 Maljamar over time (USD)



Example: 100% financing house in Maljamar

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 Maljamar, 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 Maljamar, NM will be offered at an average price of $123 per square foot. A 1,500 sqft home priced at $223,246 is 21.11% more expensive per square foot than a 3,900 sqft home priced at $474,904. Home prices in Maljamar, 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.


Maljamar, NM Travel and Community Guide

Location and Overview

Maljamar, New Mexico is a small unincorporated community in Lea County with deep ties to the Permian Basin.
Travelers discover wide horizons, oilfield heritage, and a quiet, rural pace in this corner of southeastern New Mexico.

Getting Around

Located among the regional hubs of Hobbs, Lovington, and Carlsbad, Maljamar, NM serves as a practical waypoint for work routes and road trips across the high desert.
Its open roads and big skies offer classic New Mexico vistas, with striking sunsets and brilliant stargazing on clear nights.

Economy and Energy

The local economy centers on oil and gas services that support field operations throughout the Permian, with crews, equipment yards, and logistics moving daily.
This energy backbone shapes community rhythms, from early-morning traffic to the essential services that cater to workers and travelers.

Nature and Nearby Attractions

Outdoor enthusiasts use Maljamar as a quiet base for day trips to public lands and regional highlights like Carlsbad Caverns and the Guadalupe Mountains.
Birding, photography, and scenic drives reward visitors seeking wide-open spaces, desert flora, and seasonal wildlife.

Travel Tips

Services can be limited in and around Maljamar, so plan ahead for fuel, food, and lodging in nearby towns and check road conditions before heading into remote areas.
For the best experience, time your visit for cooler mornings and golden-hour evenings, and always respect private property, ranch gates, and active work zones.



FAQ – Home Values in Maljamar

What is the median home value in Maljamar in 2026?

In 2026, the typical home value in Maljamar 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 Maljamar?

In 2026, homes in Maljamar sell for an average of around $123 per square foot, with a typical range between $138 and $138 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 Maljamar is about 2092 square feet, with an estimated 2026 value around $257,238.



Locations close to Maljamar, NM

Monument, NM186 $ / ft²
Tatum, NM81 $ / ft²
Whites City, NM151 $ / ft²
Malaga, NM143 $ / ft²
Mcdonald, NM132 $ / ft²
Lovington, NM127 $ / ft²
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