House Prices

House Prices & Home Values Monument, NM 2026


Average Data

average house price$383,295
average size per house2267 ft²
average price per ft²170 $ / ft²

04/05/2026 - The value range (VR) for house prices in Monument, NM is $169/ sqft to $169/ sqft. An average home with 2267 sqft costs approximately $383,123 to $383,123. Monument, NM includes 1 ZIP codes and it is located in Lea county. The lowest prices are found in ZIP 88265, while the highest are in ZIP 88265. The average price per sqare feet is $170. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Monument

88265186 $ / ft²




Historical development of home values in Monument

Year Estimated value (USD) Change vs. 2025
2010 $178,009 -53.6%
2011 $171,125 -55.4%
2012 $170,665 -55.5%
2013 $177,044 -53.8%
2014 $185,847 -51.5%
2015 $195,386 -49.0%
2016 $205,582 -46.4%
2017 $216,678 -43.5%
2018 $228,657 -40.3%
2019 $239,260 -37.6%
2020 $251,628 -34.4%
2021 $286,200 -25.3%
2022 $333,645 -13.0%
2023 $351,844 -8.2%
2024 $372,199 -2.9%
2025 $383,295 0.0%

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



Example: 100% financing house in Monument

Loan amount: $383,295

Interest rate: 6.00%

Fixed monthly payment: $2,298.05

Breakdown in the 1st month:
Interest portion: $1,916.48  –  Principal portion: $381.57

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $22,869.66 $4,706.91 $378,588.09
2 $22,579.35 $4,997.22 $373,590.87
3 $22,271.13 $5,305.44 $368,285.44
4 $21,943.90 $5,632.66 $362,652.77
5 $21,596.49 $5,980.07 $356,672.70
6 $21,227.65 $6,348.91 $350,323.78
7 $20,836.07 $6,740.50 $343,583.28
8 $20,420.33 $7,156.24 $336,427.04
9 $19,978.95 $7,597.62 $328,829.42
10 $19,510.34 $8,066.23 $320,763.20
11 $19,012.83 $8,563.73 $312,199.47
12 $18,484.64 $9,091.92 $303,107.54
13 $17,923.87 $9,652.69 $293,454.85
14 $17,328.51 $10,248.05 $283,206.80
15 $16,696.44 $10,880.13 $272,326.67
16 $16,025.37 $11,551.19 $260,775.48
17 $15,312.92 $12,263.64 $248,511.83
18 $14,556.53 $13,020.04 $235,491.80
19 $13,753.48 $13,823.09 $221,668.71
20 $12,900.90 $14,675.66 $206,993.05
21 $11,995.74 $15,580.83 $191,412.22
22 $11,034.75 $16,541.82 $174,870.40
23 $10,014.49 $17,562.08 $157,308.32
24 $8,931.29 $18,645.27 $138,663.05
25 $7,781.30 $19,795.27 $118,867.78
26 $6,560.37 $21,016.20 $97,851.58
27 $5,264.13 $22,312.43 $75,539.15
28 $3,887.95 $23,688.62 $51,850.53
29 $2,426.89 $25,149.68 $26,700.85
30 $875.71 $26,700.85 $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 Monument, NM


1500 sqft3900 sqft
Ø selling price$308,550$656,370
Ø fast selling$280,500$590,733
Ø high price sale$336,600$722,008

In 2026, houses in Monument, NM will be offered at an average price of $170 per square foot. A 1,500 sqft home priced at $308,550 is 25.21% more expensive per square foot than a 3,900 sqft home priced at $656,370. Home prices in Monument, NM vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $454,411. Sellers who can wait longer may achieve a higher price of up to $555,391.

FAQ – Home Values in Monument

What is the median home value in Monument in 2026?

In 2026, the typical home value in Monument is about $383,295 for an average home size of 2267 square feet. This corresponds to an average price of roughly $170 per square foot.

What is the average cost per square foot in Monument?

In 2026, homes in Monument sell for an average of around $170 per square foot, with a typical range between $169 and $169 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 Monument is about 2267 square feet, with an estimated 2026 value around $383,295.



Locations close to Monument, NM

Tatum, NM81 $ / ft²
Whites City, NM151 $ / ft²
Carrizozo, NM60 $ / ft²
Maljamar, NM127 $ / ft²
Malaga, NM143 $ / ft²
Mcdonald, NM132 $ / ft²
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