Unshakable ZIP Data 88012 | Las Cruces, NM Housing Market
Las Cruces · Dona Ana County · Las Cruces, NM metro · New Mexico · Data updated June 19, 2026
The median sale price in ZIP 88012, Las Cruces, New Mexico is $323,304 at $188 per square foot. 181 single-family homes sold in the latest period, up 27.6 percent from a year earlier. Homes sit a median of 61 days on market with 3.5 months of supply. Sellers are getting 100.0 percent of list price and 0.0 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $295,073 | |
| Average price per sq ft | $171 | |
| Median sale price | $323,304 | |
| Median sale price per sq ft | $188 | |
| Median home size | 1,723 sq ft | |
| Median new listing price | $322,245 | +0.7% |
| National size rank | 3,423 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 181 | +27.6% |
| Median days on market | 61 days | |
| Months of supply | 3.5 months | |
| New listings | 227 | +14.3% |
| Active listings | 445 | +22.2% |
| Pending sales | 231 | +48.1% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 100.0% | |
| Share sold above list | 0.0% | 0.0 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$229,479
3-bedroom
$281,043
4-bedroom
$336,074
5-bedroom
$408,483
These figures describe the single-family market for Las Cruces, New Mexico ZIP 88012. They are market context, not a substitute for sold comps or a formal appraisal.