ZIP 88256

ZIP 88256 is in the Carlsbad-Artesia, NM market. Market numbers below; the ZIP's rank is on the map.

Median cap rate

: 5.7%.

Median IRR

: 10.1%.

Median list price

: $350,000.

Appreciation

: 3.6%/yr .

Rent growth

: 3.7%/yr .

Sources: FHFA House Price Index® (developmental annual index), U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public listings under system-default underwriting, updated September 2026.