Population: 31,800 · Density: 35.2/mi² · Median household income: $63,545
Typical home value: $183,060 · Homeownership: 74.4%
Data as of January 2026. Source: Realtor.com.
The LAS CRUCES, NM real estate market (88012) currently shows 371 active listings, with 166 pending sales. Homes are averaging 83 days on the market before going under contract.
Inventory has increased compared to last year, with 168 more homes available — giving buyers more choice.
Homes are selling faster, averaging 83 days on market compared to 85 days last year.
The median listing price has fallen 2.2% year-over-year, from $347,500 to $339,900.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 88012 | Las Cruces, NM 88012 | 0.0 mi | 371 | $133,408,632 | $339,900 | $359,592 |
| 88032 | Dona Ana, NM 88032 | 13.9 mi | 3 | $1,162,500 | $387,500 | $387,500 |
| 88054 | Radium Springs, NM 88054 | 18.0 mi | 1 | $550,000 | $550,000 | $550,000 |
| 88001 | Las Cruces, NM 88001 | 20.7 mi | 100 | $24,471,000 | $225,000 | $244,710 |
| 87937 | Hatch, NM 87937 | 24.8 mi | 2 | $200,000 | $100,000 | $100,000 |
| 88005 | Las Cruces, NM 88005 | 28.1 mi | 124 | $60,905,328 | $389,999 | $491,172 |
| 88048 | Mesquite, NM 88048 | 31.1 mi | 5 | $1,398,165 | $239,500 | $279,633 |
| 88081 | Chaparral, NM 88081 | 36.7 mi | 23 | $7,342,543 | $290,475 | $319,241 |
| 87930 | Arrey, NM 87930 | 37.5 mi | 1 | $365,000 | $365,000 | $365,000 |
| 87931 | Caballo, NM 87931 | 40.5 mi | 7 | $2,111,550 | $262,450 | $301,650 |
| 88021 | Anthony, NM 88021 | 42.6 mi | 23 | $15,263,513 | $592,500 | $663,631 |
| 88044 | La Mesa, NM 88044 | 43.3 mi | 14 | $5,807,438 | $348,950 | $414,817 |
| 79835 | Canutillo, TX 79835 | 46.3 mi | 13 | $5,206,058 | $308,444 | $400,466 |
As of January 2026, there are 371 active listings in LAS CRUCES, NM (zip code 88012), compared to 203 the prior year.
The median listing price in LAS CRUCES, NM 88012 is $339,900 as of January 2026, a 2.2% decrease from $347,500 the prior year.
Homes in LAS CRUCES, NM 88012 spend an average of 83 days on the market before going under contract, compared to 85 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LAS CRUCES, NM 88012 is currently a Balanced Market. Inventory has increased compared to last year, with 168 more homes available — giving buyers more choice. Homes are selling faster, averaging 83 days on market compared to 85 days last year.
With SELL123.com's maximum 3% commission, sellers in LAS CRUCES, NM 88012 save an estimated $6,798 compared to a typical 5% commission on the median listing price of $339,900. 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.