Market Intelligence · NM / Las Cruces

Las Cruces, NM 88007 Housing Market

The typical home in Las Cruces 88007 is valued at $328,729, up 0.6% over the past year. The median list price sits at $512,500, and homes are taking a median of 60 days on market as of June 2026.

Updated June 2026Median value$329K

The median home value in Las Cruces, NM 88007 is $329K as of June 2026, up 0.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 88007 range

$302K to $355K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.6% over 12 months

Typical home value in 88007 over the last 12 months: $327K in Jun 2025 to $329K in Jun 2026 (+0.6%).

Jun 2025$327K

Jun 2026$329K

The numbers

What is the 88007 housing market like?

Typical home value

$329K

Up0.6%YoY

Median list price

$513K

Days on market

60

Down26.8%MoM

Homes for sale

121

Price cuts

14.6%

New listings

32

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 88007 home prices compare?

  • 88007$328,729
  • Las Cruces$295,265
  • New Mexico$279,729
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Las Cruces: 5 ZIPs; New Mexico: 154 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 121 homes for sale in Las Cruces 88007, with 32 new listings added recently. The typical home value is $328,729, up 0.6% over the past year, while the median list price is $512,500. Homes are spending a median of 60 days on market, and 14.6% of listings have had a price cut. For sellers, this is a market that rewards patience and realistic pricing rather than betting on quick gains.

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