88047 Home Values & Market Trends
There are 16 homes currently listed for 88047. 88047 real estate market trends show that home prices range from $288,000 to $585,000, and the median sales price in the 88047 zip code is $330,251. The total number of properties sold within the past twelve months is 9. In 88047, 1 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.
Housing Market Summary for 88047
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $420K | $420K | - |
| Median Sold Price | $184.3K | $285.4K | 54.81% |
| Homes For Sale | 12 | 16 | 33.33% |
| Homes Sold | 5 | 8 | 60.00% |
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 88047
Browse Homes in 88047
The median list price of a home in Mesilla Park, is $330,251. A total of 16 properties are for sale, and the percentage of properties for sale in the zip code is 16.00%. The total count of 88047 properties is 26.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 88047 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 88047; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 88047 ranges from the highest value of $446,585 in mesilla park to the lowest value of $446,585 in mesilla park. Bank owned homes and properties account for 3.85% of properties in 88047. There is 1 cities within 88047; mesilla park containing 1 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 88047. Auction homes and other auction properties account for 0% of all properties in 88047. There is 1 cities within 88047; 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 88047
Guide for 88047
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.