Mesilla Park, NM Home Values & Market Trends

Real estate market trends reflect that there have been 9 transactions over the past year in Mesilla Park. The median value for residential home transactions that occurred over the previous year is $330,251. The number of current listings in Mesilla Park is 16, and the percentage of properties for sale in the city is 16.00%. Mesilla Park, NM currently has 1 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 16 properties for sale.

Mesilla Park, NM Real Estate Market Overview

ZipMedian Est. Value
88047

$ 330,251

$ 168/sqft

Housing Market Summary for Mesilla Park, NM

Sep 2025September 2026Change
Median Listing Price$420K$420K-
Median Sold Price$184.3K$285.4K54.81%
Homes For Sale121633.33%
Homes Sold5860.00%
Price
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Homes For Sale
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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%.

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Browse Homes in Mesilla Park, NM

Mesilla Park home values range from $89,682 to $651,136. The median estimated value of a home in Mesilla Park is $330,251. The median list price of a home is 420,000, and the total count of properties in the city is 26.

Foreclosure
There is 1 zips within Mesilla Park, NM; within this zips, the median estimated home value for homes in foreclosure ranges from $446,585 in 88047 to the lowest value of $446,585 in 88047. Foreclosure homes account for 3.00% of properties in Mesilla Park, NM with 88047 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Mesilla Park, NM with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mesilla Park, NM; of that zips, 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 Owned
    The median estimated home value of bank owned homes (REO properties) in Mesilla Park, NM ranges from the highest value of $446,585 in 88047 to the lowest value of $446,585 in 88047. Bank owned homes and properties account for 3.85% of properties in Mesilla Park, NM. There is 1 zips within Mesilla Park, NM; 88047 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Mesilla Park, NM. Auction homes and other auction properties account for 0% of all properties in Mesilla Park, NM. There is 1 zips within Mesilla Park, NM; of that zips, 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 61.54% of residential properties in Mesilla Park, NM with 88047 containing 16 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Mesilla Park, NM; homes for sale in that zips, have a range of median values from $472,083 in 88047 to the lowest value of $89,682 in 88047.
    Sold Homes
    The median value for recently sold homes ranges from $651,136 in 88047 to the lowest price of $224,922 in 88047. There is 1 zips within Mesilla Park, NM. 88047 has 8 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 30.77% of properties in Mesilla Park, NM.

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      Guide for Mesilla Park, NM

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.