88012 Home Values & Market Trends
There are 129 homes currently listed for 88012. 88012 real estate market trends show that home prices range from $89,999 to $699,900, and the median sales price in the 88012 zip code is $288,103. The total number of properties sold within the past twelve months is 736. In 88012, 13 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.
Housing Market Summary for 88012
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $296.2K | $279.6K | -5.62% |
| Median Sold Price | $228.1K | $279.6K | 22.55% |
| Homes For Sale | 86 | 128 | 48.84% |
| Homes Sold | 322 | 295 | -8.39% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 88012
Browse Homes in 88012
The median list price of a home in Las Cruces, is $288,103. A total of 129 properties are for sale, and the percentage of properties for sale in the zip code is 129.00%. The total count of 88012 properties is 11,312.
- Pre-ForeclosurePre-foreclosure homes account for 0.11% of all residential properties in 88012 with las cruces containing 34 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 88012; of that cities, the estimated home value for pre-foreclosure homes ranges from $552,291 in las cruces to the lowest home value of $88,878 in las cruces.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 88012 ranges from the highest value of $259,200 in las cruces to the lowest value of $70,627 in las cruces. Bank owned homes and properties account for 0.01% of properties in 88012. There is 1 cities within 88012; las cruces containing 5 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 88012. Auction homes and other auction properties account for 0% of all properties in 88012. There is 1 cities within 88012; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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More Real Estate Resources for 88012
Guide for 88012
This article describes the fluctuating real estate market of Santa Fe and neighboring cities from July 2023 to March 2024, focusing on property values, sale prices, and number of sold homes.
Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.
