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LAS CRUCES, NM 88001

Real Estate Market Report  ·  Doña Ana County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
100
⇧ 25% vs 80 last year
Pending
40
40% pending ratio
Median Price
$225,000
⇩ 5.7% vs $238,725 last year
Average Price
$244,710
⇩ 9.7% vs $271,081 last year
Days on Market
93
⇧ 24% vs 75 days last year

Market Context

Population: 39,358  ·  Density: 1,370.2/mi²  ·  Median household income: $31,701

Typical home value: $144,637  ·  Homeownership: 41.6%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The LAS CRUCES, NM real estate market (88001) currently shows 100 active listings, with 40 pending sales. Homes are averaging 93 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 93 days on market compared to 75 days last year.

The median listing price has fallen 5.7% year-over-year, from $238,725 to $225,000.

Whether you are buying or selling in LAS CRUCES, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 100 this year vs 80 last year
  • Days on market: 93 now vs 75 last year

Median & Average Pricing

Year over Year
  • Median: $225,000 (-5.7% YoY)
  • Average: $244,710 (-9.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 33.4 miles — 1,394 listings ($475,796,541 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88001Las Cruces, NM 880010.0 mi100$24,471,000$225,000$244,710
88047Mesilla Park, NM 880475.7 mi5$1,912,250$382,450$382,450
88048Mesquite, NM 8804811.2 mi5$1,398,165$239,500$279,633
88058San Miguel, NM 8805813.3 mi1$230,000$230,000$230,000
88005Las Cruces, NM 8800514.5 mi124$60,905,328$389,999$491,172
88024Berino, NM 8802417.4 mi2$583,500$291,750$291,750
88012Las Cruces, NM 8801220.7 mi371$133,408,632$339,900$359,592
79821Anthony, TX 7982123.5 mi31$10,257,249$287,450$330,879
88044La Mesa, NM 8804426.8 mi14$5,807,438$348,950$414,817
79911El Paso, TX 7991127.6 mi93$50,993,388$526,950$548,316
79934El Paso, TX 7993429.9 mi216$61,884,432$280,975$286,502
88008Santa Teresa, NM 8800832.6 mi227$81,291,424$349,950$358,112
79924El Paso, TX 7992433.4 mi205$42,653,735$192,500$208,067

Frequently Asked Questions

How many homes are for sale in LAS CRUCES, NM 88001?

As of January 2026, there are 100 active listings in LAS CRUCES, NM (zip code 88001), compared to 80 the prior year.

What is the median home price in LAS CRUCES, NM 88001?

The median listing price in LAS CRUCES, NM 88001 is $225,000 as of January 2026, a 5.7% decrease from $238,725 the prior year.

How long do homes stay on the market in LAS CRUCES, NM?

Homes in LAS CRUCES, NM 88001 spend an average of 93 days on the market before going under contract, compared to 75 days the prior year.

Is it a seller's or buyer's market in LAS CRUCES, NM 88001?

Based on current inventory and days-on-market data as of January 2026, LAS CRUCES, NM 88001 is currently a Buyer's Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 93 days on market compared to 75 days last year.

How much can I save on real estate commission in LAS CRUCES, NM?

With SELL123.com's maximum 3% commission, sellers in LAS CRUCES, NM 88001 save an estimated $4,500 compared to a typical 5% commission on the median listing price of $225,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.