The story of this market
The typical home in ZIP 88012 sells for about $409,900, or $175 per square foot.
Homes take about 77 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,575 a month.
ZIP 88012 — Las Cruces
The 88012 housing market is currently in neutral territory, reflecting the broader Las Cruces market equilibrium. While new construction activity is present, the area presents specific challenges for investors due to below-average income levels and high mobility. Some specific metrics like median age and vacancy rates are not currently published at the ZIP level.
This ZIP is suited for family buyers and investors, though new investors are advised to look at more stable hybrid ZIPs in Las Cruces first due to the specific operating challenges here.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 77 days on market with 3.7 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 88012, Dona Ana County NM
The area features a durable renter share of 26% with below-average income and high mobility, requiring a disciplined operating playbook for investors.
The local economy is anchored by the broader Las Cruces market, which is evenly balanced between buyers and sellers.
Data sourced from Repit.org and US Census ZCTA profiles.
- Blue Moon Bar & Grill4.612.2 mi
- Leasburg Dam State Park4.411.8 mi
- Fort Selden Historic Site4.612.3 mi
- Fort Selden Historic Site4.612.3 mi
- Space Murals Museum & Gift Shop4.816.2 mi
- Raze Studio Magic and Illusions517.2 mi
- Leasburg Dam State Park4.411.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
New construction development area.
New construction development area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.