Real Estate Data > US real estate data > New Mexico > Dona Ana County > Las Cruces > 88005

Las Cruces, NM 88005 Real Estate & Property Data

Las Cruces, NM 88005 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 315 residential properties have been sold over the past 12 months in 88005. With a median sales price of $262,744 in 88005 and a total of 1 foreclosures in Las Cruces, NM 88005. Discover market trends and get the granular level real estate data for Las Cruces, NM 88005 to keep your pulse on the housing market. Curate compelling home reports for Las Cruces, NM 88005 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Las Cruces, NM 88005 Real Estate Market Trends

Get property data for any address in Las Cruces, NM 88005 or the country:

Total Residential Properties 8,442

Total Commercial Properties 515

Avg. Home Age (Single Family Home) 49 Years

Avg. Square Feet (Single Family Home) 1,958

Total 2025 Residential Sales (year-to-date) 39

% of Homes Seriously Underwater (Q2 2025) 1.59%

Total 2024 Residential Sales 297

% of Equity Rich Homes (Q2 2025) 37.6%

Effective 2024 Property Tax 0.59%

Total Foreclosure Filings (year-to-date) 2

Interested in Purchasing National or Las Cruces, NM 88005 Property Data?

Las Cruces, NM 88005 Real Estate Overview

There were 315 residential properties sold in the past year in Las Cruces, NM 88005. The median home value in Las Cruces, NM 88005 is $272,250. There are a total of 8,442 residential properties in the 88005.

Median Sales Price i

$262,744

(Feb 2025)

+8.7%

year-over-year

y-o-y

February '25 Feb '25 $262,744
January '25 Jan '25 $224,358
December '24 Dec '24 $295,075
November '24 Nov '24 $346,397
October '24 Oct '24 $308,811
September '24 Sep '24 $259,837
August '24 Aug '24 $271,250
July '24 Jul '24 $278,810
June '24 Jun '24 $314,063
May '24 May '24 $247,227
April '24 Apr '24 $313,193
March '24 Mar '24 $293,916

Median Down Payment i

$74,584

(Feb 2025)

+68.5%

year-over-year

y-o-y

February '25 Feb '25 $74,584
January '25 Jan '25 $36,562
December '24 Dec '24 $46,812
November '24 Nov '24 $71,812
October '24 Oct '24 $10,684
September '24 Sep '24 $20,406
August '24 Aug '24 $54,250
July '24 Jul '24 $26,200
June '24 Jun '24 $9,971
May '24 May '24 $46,787
April '24 Apr '24 $67,075
March '24 Mar '24 $46,250

Number of Homes Sold i

21

(Feb 2025)

+10.5%

year-over-year

y-o-y

February '25 Feb '25 21
January '25 Jan '25 18
December '24 Dec '24 16
November '24 Nov '24 13
October '24 Oct '24 20
September '24 Sep '24 25
August '24 Aug '24 30
July '24 Jul '24 29
June '24 Jun '24 31
May '24 May '24 28
April '24 Apr '24 28
March '24 Mar '24 37

Number of Purchase Loans i

14

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 14
January '25 Jan '25 14
December '24 Dec '24 14
November '24 Nov '24 10
October '24 Oct '24 16
September '24 Sep '24 17
August '24 Aug '24 16
July '24 Jul '24 11
June '24 Jun '24 14
May '24 May '24 12
April '24 Apr '24 16
March '24 Mar '24 23

Number of REFI Loans i

16

(Feb 2025)

+60%

year-over-year

y-o-y

February '25 Feb '25 16
January '25 Jan '25 15
December '24 Dec '24 18
November '24 Nov '24 14
October '24 Oct '24 21
September '24 Sep '24 16
August '24 Aug '24 15
July '24 Jul '24 13
June '24 Jun '24 8
May '24 May '24 9
April '24 Apr '24 12
March '24 Mar '24 15

Number of HELOC Loans i

5

(Feb 2025)

+150%

year-over-year

y-o-y

February '25 Feb '25 5
January '25 Jan '25 4
December '24 Dec '24 2
November '24 Nov '24 3
October '24 Oct '24 2
September '24 Sep '24 3
August '24 Aug '24 8
July '24 Jul '24 3
June '24 Jun '24 5
May '24 May '24 4
April '24 Apr '24 3
March '24 Mar '24 4

Las Cruces, NM 88005 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2
3
4
…
6

Las Cruces, NM 88005 Foreclosure Activity

There were a total of 1 Las Cruces, NM 88005 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

1

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 1
January '25 Jan '25 1
December '24 Dec '24 N/A
November '24 Nov '24 2
October '24 Oct '24 4
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 4
May '24 May '24 3
April '24 Apr '24 1
March '24 Mar '24 N/A

Foreclosure Starts i

1

(Feb 2025)

February '25 Feb '25 1
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 2
October '24 Oct '24 4
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 2
May '24 May '24 3
April '24 Apr '24 1
March '24 Mar '24 N/A

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 1
March '24 Mar '24 N/A

Nearby Zip Codes

1. 88001
2. 88003
3. 88007
4. 88011
5. 88012

Interested in growing your business with Las Cruces, NM 88005 property data?

Contact Us Now!
Call (800) 692-2596 — or fill out this form and we’ll be in touch shortly.