88005 Home Values & Market Trends
There are 358 homes currently listed for 88005. 88005 real estate market trends show that home prices range from $75,000 to $1,435,000, and the median sales price in the 88005 zip code is $294,130. The total number of properties sold within the past twelve months is 202. In 88005, 13 properties are in foreclosure, 2 are bank owned properties,and 4 are headed for auction.
Housing Market Summary for 88005
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $305K | $306K | 0.33% |
| Median Sold Price | $277.5K | $270.1K | -2.65% |
| Homes For Sale | 304 | 355 | 16.78% |
| Homes Sold | 143 | 157 | 9.79% |
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 88005
Browse Homes in 88005
The median list price of a home in Las Cruces, is $294,130. A total of 358 properties are for sale, and the percentage of properties for sale in the zip code is 358.00%. The total count of 88005 properties is 538.
- Pre-ForeclosurePre-foreclosure homes account for 1.30% of all residential properties in 88005 with las cruces containing 56 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 88005; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,400,000 in las cruces to the lowest home value of $128,624 in las cruces.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 88005 ranges from the highest value of $431,000 in las cruces to the lowest value of $134,900 in las cruces. Bank owned homes and properties account for 0.37% of properties in 88005. There is 1 cities within 88005; las cruces containing 21 REO properties, has the highest number of bank owned properties in a single city.
- Auctionslas cruces has 15 auction properties, the highest number of properties going to auction in a single city in the state of 88005. Auction homes and other auction properties account for 0.74% of all properties in 88005. There is 1 cities within 88005; of that cities, the median estimated home value for homes going to auction ranges from $307,613 in las cruces to the lowest value of $171,001 in las cruces.
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Guide for 88005
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
