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MESILLA, NM 88046

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

Market Overview

Active Listings
9
⇧ 80% vs 5 last year
Pending
1
11% pending ratio
Median Price
$725,000
⇧ 8.8% vs $666,250 last year
Average Price
$839,500
⇧ 15.6% vs $726,075 last year
Days on Market
159
⇧ 21.4% vs 131 days last year

Market Context

Population: 663  ·  Density: 413.8/mi²  ·  Median household income: $0

Typical home value: $239,880  ·  Homeownership: 55.3%

Market Analysis

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

The MESILLA, NM real estate market (88046) currently shows 9 active listings, with 1 pending sales. Homes are averaging 159 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 159 days on market compared to 131 days last year.

The median listing price has risen 8.8% year-over-year, from $666,250 to $725,000.

Whether you are buying or selling in MESILLA, 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: 9 this year vs 5 last year
  • Days on market: 159 now vs 131 last year

Median & Average Pricing

Year over Year
  • Median: $725,000 (+8.8% YoY)
  • Average: $839,500 (+15.6% 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 32.9 miles — 981 listings ($490,440,221 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88046Mesilla, NM 880460.0 mi9$7,555,500$725,000$839,500
88047Mesilla Park, NM 880476.0 mi5$1,912,250$382,450$382,450
88048Mesquite, NM 8804811.5 mi5$1,398,165$239,500$279,633
88058San Miguel, NM 8805813.0 mi1$230,000$230,000$230,000
88011Las Cruces, NM 8801115.2 mi280$144,798,360$412,000$517,137
88027Chamberino, NM 8802717.4 mi1$213,500$213,500$213,500
88021Anthony, NM 8802120.4 mi23$15,263,513$592,500$663,631
79821Anthony, TX 7982123.2 mi31$10,257,249$287,450$330,879
79835Canutillo, TX 7983525.8 mi13$5,206,058$308,444$400,466
79932El Paso, TX 7993229.2 mi198$126,944,730$579,950$641,135
88054Radium Springs, NM 8805430.4 mi1$550,000$550,000$550,000
88008Santa Teresa, NM 8800831.2 mi227$81,291,424$349,950$358,112
79912El Paso, TX 7991232.9 mi187$94,819,472$412,000$507,056

Frequently Asked Questions

How many homes are for sale in MESILLA, NM 88046?

As of January 2026, there are 9 active listings in MESILLA, NM (zip code 88046), compared to 5 the prior year.

What is the median home price in MESILLA, NM 88046?

The median listing price in MESILLA, NM 88046 is $725,000 as of January 2026, a 8.8% increase from $666,250 the prior year.

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

Homes in MESILLA, NM 88046 spend an average of 159 days on the market before going under contract, compared to 131 days the prior year.

Is it a seller's or buyer's market in MESILLA, NM 88046?

Based on current inventory and days-on-market data as of January 2026, MESILLA, NM 88046 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 159 days on market compared to 131 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MESILLA, NM 88046 save an estimated $14,500 compared to a typical 5% commission on the median listing price of $725,000. 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.