88012 Home Values & Market Trends
There are 896 homes currently listed for 88012. 88012 real estate market trends show that home prices range from $39,900 to $829,000, and the median sales price in the 88012 zip code is $308,327. The total number of properties sold within the past twelve months is 442. In 88012, 22 properties are in foreclosure, 7 are bank owned properties,and 3 are headed for auction.
Housing Market Summary for 88012
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $319K | $325K | 1.88% |
| Median Sold Price | $299.5K | $287.8K | -3.90% |
| Homes For Sale | 605 | 892 | 47.44% |
| Homes Sold | 179 | 202 | 12.85% |
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 $308,327. A total of 896 properties are for sale, and the percentage of properties for sale in the zip code is 896.00%. The total count of 88012 properties is 1,144.
- Pre-ForeclosurePre-foreclosure homes account for 1.05% of all residential properties in 88012 with las cruces containing 56 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 $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 88012 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 0.61% of properties in 88012. There is 1 cities within 88012; 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 88012. Auction homes and other auction properties account for 0.26% 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 $307,613 in las cruces to the lowest value of $171,001 in las cruces.
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Guide for 88012
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.
