Data as of September 2026. Source: Realtor.com.
The LAS CRUCES, NM real estate market (88012) currently shows 312 active listings, with 90 pending sales. Homes are averaging 56 days on the market before going under contract.
Inventory has increased compared to last year, with 34 more homes available — giving buyers more choice.
Homes are selling faster, averaging 56 days on market compared to 59 days last year.
The median listing price has fallen 2.2% year-over-year, from $342,010 to $334,608.
Population: 31,800 · Density: 35.2/mi² · Median household income: $63,545
Typical home value: $183,060 · Homeownership: 74.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 88012 | Las Cruces, NM 88012 | 0.0 mi | 364 | $130,602,108 | $338,606 | $358,797 |
| 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 | 104 | $25,567,984 | $229,025 | $245,846 |
| 87937 | Hatch, NM 87937 | 24.8 mi | 3 | $523,500 | $174,500 | $174,500 |
| 88005 | Las Cruces, NM 88005 | 28.1 mi | 136 | $66,292,928 | $373,500 | $487,448 |
| 88048 | Mesquite, NM 88048 | 31.1 mi | 6 | $1,929,600 | $274,950 | $321,600 |
| 88058 | San Miguel, NM 88058 | 33.6 mi | 1 | $220,000 | $220,000 | $220,000 |
| 88024 | Berino, NM 88024 | 37.3 mi | 2 | $697,000 | $348,500 | $348,500 |
| 88027 | Chamberino, NM 88027 | 38.6 mi | 1 | $212,250 | $212,250 | $212,250 |
| 88310 | Alamogordo, NM 88310 | 41.6 mi | 213 | $64,370,730 | $262,200 | $302,210 |
| 87901 | Truth Or Consequences, NM 87901 | 43.0 mi | 49 | $12,562,718 | $209,450 | $256,382 |
| 79821 | Anthony, TX 79821 | 43.5 mi | 26 | $8,747,518 | $287,950 | $336,443 |
As of September 2026, there are 312 active listings in LAS CRUCES, NM (zip code 88012), compared to 278 the prior year.
The median listing price in LAS CRUCES, NM 88012 is $334,608 as of September 2026, a 2.2% decrease from $342,010 the prior year.
Homes in LAS CRUCES, NM 88012 spend an average of 56 days on the market before going under contract, compared to 59 days the prior year.
Based on current inventory and days-on-market data as of September 2026, LAS CRUCES, NM 88012 is currently a Balanced Market. Inventory has increased compared to last year, with 34 more homes available — giving buyers more choice. Homes are selling faster, averaging 56 days on market compared to 59 days last year.
With SELL123.com's maximum 3% commission, sellers in LAS CRUCES, NM 88012 save an estimated $6,692 compared to a typical 5% commission on the median listing price of $334,608. 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.