Data as of February 2026. Source: Realtor.com.
The LAS CRUCES, NM real estate market (88012) currently shows 364 active listings, with 158 pending sales. Homes are averaging 67 days on the market before going under contract.
Inventory has increased compared to last year, with 136 more homes available — giving buyers more choice.
The median listing price has fallen 0.7% year-over-year, from $340,950 to $338,606.
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.
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 | 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 February 2026, there are 364 active listings in LAS CRUCES, NM (zip code 88012), compared to 228 the prior year.
The median listing price in LAS CRUCES, NM 88012 is $338,606 as of February 2026, a 0.7% decrease from $340,950 the prior year.
Homes in LAS CRUCES, NM 88012 spend an average of 67 days on the market before going under contract, compared to 67 days the prior year.
Based on current inventory and days-on-market data as of February 2026, LAS CRUCES, NM 88012 is currently a Balanced Market. Inventory has increased compared to last year, with 136 more homes available — giving buyers more choice.
With SELL123.com's maximum 3% commission, sellers in LAS CRUCES, NM 88012 save an estimated $6,772 compared to a typical 5% commission on the median listing price of $338,606. 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.