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ZIP 88005 in Las Cruces, NM: housing market trends

The median home sale price in ZIP 88005 in Las Cruces, NM was $308,909 for the three-month period ending September 2026. Sale prices were 4.7% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$308,909
three-month period ending September 2026
Median sale price per sq ft
$172.49
three-month period ending September 2026
Active listings
147
three-month period ending September 2026
Typical monthly rent
$1,209
Rent index · August 2026

How is housing inventory changing?

There were 147 active listings for the three-month period ending September 2026. Active listings were essentially unchanged from the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 63 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 88005 in Las Cruces, NM
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$308,909$172.4946
Single-familySeptember 2026$312,421$170.7541
TownhousesSeptember 2026$197,500$224.562 · small sample
Condos / co-opsSeptember 2026$334,990$177.061 · small sample
Multifamily (2–4 units)September 2026$252,375$113.932 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 88005 in Las Cruces, NM
MarketMedian sale priceReporting period / source
Las Cruces, NM$308,000Month ending July 2026 · Zillow
Mesilla Park, NMUnavailableMonth ending unavailable date · Zillow
La Mesa, NM$599,7143 months ending September 2026 · Redfin
Mesquite, NM$280,0003 months ending August 2026 · Redfin
Vado, NM$149,0003 months ending July 2026 · Redfin
Anthony, NM$218,8963 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 88005 in Las Cruces, NM
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$308,909$172.49147
August 2026$294,000$167.85141
July 2026$279,000$157.83138
June 2026$282,500$157.82144
May 2026$290,000$161.19139
April 2026$290,000$170.33145
March 2026$308,500$178.49141
February 2026$275,000$165.53140
January 2026$279,000$168.42138
December 2025$285,000$167.84132
November 2025$324,950$171.43147
October 2025$307,000$170.64162
September 2025$324,000$172.87147
August 2025$312,500$170.81151
July 2025$311,250$174.32150
June 2025$288,999$167.88144
May 2025$265,000$174.24141
April 2025$277,000$165.92129
March 2025$275,000$162.49119
February 2025$285,000$164.20105
January 2025$305,000$166.67103
December 2024$305,000$176.65107
November 2024$300,000$186.13112
October 2024$280,000$183.17117

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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