88012 Home Values & Market Trends
There are 125 homes currently listed for 88012. 88012 real estate market trends show that home prices range from $157,500 to $699,900, and the median sales price in the 88012 zip code is $280,987.5. The total number of properties sold within the past twelve months is 766. In 88012, 11 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.
Housing Market Summary for 88012
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $280K | $279.6K | -0.14% |
Median Sold Price | $221.5K | $279.6K | 26.21% |
Homes For Sale | 80 | 114 | 42.50% |
Homes Sold | 345 | 269 | -22.03% |
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 $280,987.5. A total of 125 properties are for sale, and the percentage of properties for sale in the zip code is 125.00%. The total count of 88012 properties is 11,393.
- Pre-ForeclosurePre-foreclosure homes account for 0.09% 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 $611,786 in las cruces to the lowest home value of $109,779 in las cruces.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 88012 ranges from the highest value of $294,776 in las cruces to the lowest value of $69,949 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 6 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.
Compare Nearby Zip Codes
More Real Estate Resources for 88012
Guide for 88012
Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac
Learn how to secure a house mortgage even with a low credit score.
Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.
What can you do when you want to buy a house when you’re strapped for cash?