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LAS CRUCES, NM 88007

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

Market Overview

Active Listings
153
⇧ 51.5% vs 101 last year
Pending
51
33% pending ratio
Median Price
$497,500
⇧ 8.4% vs $458,850 last year
Average Price
$566,528
⇧ 8% vs $524,783 last year
Days on Market
100
⇧ 17.6% vs 85 days last year

Market Context

Population: 24,983  ·  Density: 29.4/mi²  ·  Median household income: $63,330

Typical home value: $202,869  ·  Homeownership: 81.3%

Market Analysis

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

The LAS CRUCES, NM real estate market (88007) currently shows 153 active listings, with 51 pending sales. Homes are averaging 100 days on the market before going under contract.

Inventory has increased compared to last year, with 52 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 100 days on market compared to 85 days last year.

The median listing price has risen 8.4% year-over-year, from $458,850 to $497,500.

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: 153 this year vs 101 last year
  • Days on market: 100 now vs 85 last year

Median & Average Pricing

Year over Year
  • Median: $497,500 (+8.4% YoY)
  • Average: $566,528 (+8% 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 42.3 miles — 1,220 listings ($506,762,170 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88007Las Cruces, NM 880070.0 mi153$86,678,784$497,500$566,528
88032Dona Ana, NM 8803212.7 mi3$1,162,500$387,500$387,500
88001Las Cruces, NM 8800115.4 mi100$24,471,000$225,000$244,710
87937Hatch, NM 8793719.6 mi2$200,000$100,000$100,000
88012Las Cruces, NM 8801220.0 mi371$133,408,632$339,900$359,592
88011Las Cruces, NM 8801124.2 mi280$144,798,360$412,000$517,137
88048Mesquite, NM 8804825.1 mi5$1,398,165$239,500$279,633
88021Anthony, NM 8802129.5 mi23$15,263,513$592,500$663,631
87936Garfield, NM 8793630.6 mi1$125,000$125,000$125,000
79821Anthony, TX 7982136.0 mi31$10,257,249$287,450$330,879
87930Arrey, NM 8793038.5 mi1$365,000$365,000$365,000
88008Santa Teresa, NM 8800841.0 mi227$81,291,424$349,950$358,112
88081Chaparral, NM 8808142.3 mi23$7,342,543$290,475$319,241

Frequently Asked Questions

How many homes are for sale in LAS CRUCES, NM 88007?

As of January 2026, there are 153 active listings in LAS CRUCES, NM (zip code 88007), compared to 101 the prior year.

What is the median home price in LAS CRUCES, NM 88007?

The median listing price in LAS CRUCES, NM 88007 is $497,500 as of January 2026, a 8.4% increase from $458,850 the prior year.

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

Homes in LAS CRUCES, NM 88007 spend an average of 100 days on the market before going under contract, compared to 85 days the prior year.

Is it a seller's or buyer's market in LAS CRUCES, NM 88007?

Based on current inventory and days-on-market data as of January 2026, LAS CRUCES, NM 88007 is currently a Buyer's Market. Inventory has increased compared to last year, with 52 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 100 days on market compared to 85 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 88007 save an estimated $9,950 compared to a typical 5% commission on the median listing price of $497,500. 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.