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Las Cruces, NM 88007 Real Estate & Property Data

Las Cruces, NM 88007 Real Estate Market Trends

Last Updated: September 06, 2025

A total of 261 residential properties have been sold over the past 12 months in 88007. With a median sales price of $270,019 in 88007 and a total of 3 foreclosures in Las Cruces, NM 88007. Discover market trends and get the granular level real estate data for Las Cruces, NM 88007 to keep your pulse on the housing market. Curate compelling home reports for Las Cruces, NM 88007 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Las Cruces, NM 88007 Real Estate Market Trends

Get property data for any address in Las Cruces, NM 88007 or the country:

Total Residential Properties 8,081

Total Commercial Properties 188

Avg. Home Age (Single Family Home) 30 Years

Avg. Square Feet (Single Family Home) 2,105

Total 2025 Residential Sales (year-to-date) 107

% of Homes Seriously Underwater (Q3 2025) 2.05%

Total 2024 Residential Sales 298

% of Equity Rich Homes (Q3 2025) 37.49%

Effective 2024 Property Tax 0.53%

Total Foreclosure Filings (year-to-date) 18

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Las Cruces, NM 88007 Real Estate Overview

There were 261 residential properties sold in the past year in Las Cruces, NM 88007. The median home value in Las Cruces, NM 88007 is $303,458. There are a total of 8,081 residential properties in the 88007.

Median Sales Price i

$270,019

(Jun 2025)

-27.5%

year-over-year

y-o-y

June '25 Jun '25 $270,019
May '25 May '25 $295,635
April '25 Apr '25 $387,125
March '25 Mar '25 $338,687
February '25 Feb '25 $298,923
January '25 Jan '25 $382,975
December '24 Dec '24 $286,425
November '24 Nov '24 $264,327
October '24 Oct '24 $390,649
September '24 Sep '24 $325,249
August '24 Aug '24 $283,125
July '24 Jul '24 $271,859

Median Down Payment i

$51,563

(Jun 2025)

+24.5%

year-over-year

y-o-y

June '25 Jun '25 $51,563
May '25 May '25 $66,435
April '25 Apr '25 $72,525
March '25 Mar '25 $66,725
February '25 Feb '25 $36,731
January '25 Jan '25 $104,263
December '24 Dec '24 $47,875
November '24 Nov '24 $52,313
October '24 Oct '24 $80,219
September '24 Sep '24 $70,500
August '24 Aug '24 $47,200
July '24 Jul '24 $32,500

Number of Homes Sold i

26

(Jun 2025)

year-over-year

y-o-y

June '25 Jun '25 26
May '25 May '25 23
April '25 Apr '25 18
March '25 Mar '25 17
February '25 Feb '25 13
January '25 Jan '25 10
December '24 Dec '24 22
November '24 Nov '24 22
October '24 Oct '24 22
September '24 Sep '24 21
August '24 Aug '24 16
July '24 Jul '24 25

Number of Purchase Loans i

13

(Jun 2025)

-13.3%

year-over-year

y-o-y

June '25 Jun '25 13
May '25 May '25 17
April '25 Apr '25 7
March '25 Mar '25 9
February '25 Feb '25 12
January '25 Jan '25 11
December '24 Dec '24 19
November '24 Nov '24 18
October '24 Oct '24 18
September '24 Sep '24 19
August '24 Aug '24 9
July '24 Jul '24 17

Number of REFI Loans i

20

(Jun 2025)

+17.6%

year-over-year

y-o-y

June '25 Jun '25 20
May '25 May '25 23
April '25 Apr '25 17
March '25 Mar '25 22
February '25 Feb '25 14
January '25 Jan '25 14
December '24 Dec '24 15
November '24 Nov '24 25
October '24 Oct '24 24
September '24 Sep '24 22
August '24 Aug '24 22
July '24 Jul '24 10

Number of HELOC Loans i

1

(Jun 2025)

-50%

year-over-year

y-o-y

June '25 Jun '25 1
May '25 May '25 4
April '25 Apr '25 3
March '25 Mar '25 3
February '25 Feb '25 2
January '25 Jan '25 5
December '24 Dec '24 2
November '24 Nov '24 2
October '24 Oct '24 4
September '24 Sep '24 3
August '24 Aug '24 4
July '24 Jul '24 4

Las Cruces, NM 88007 Real Estate Market Overview

Last 30 days

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Las Cruces, NM 88007 Foreclosure Activity

There were a total of 3 Las Cruces, NM 88007 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i

3

(Jun 2025)

June '25 Jun '25 3
May '25 May '25 2
April '25 Apr '25 4
March '25 Mar '25 1
February '25 Feb '25 3
January '25 Jan '25 5
December '24 Dec '24 1
November '24 Nov '24 1
October '24 Oct '24 3
September '24 Sep '24 3
August '24 Aug '24 1
July '24 Jul '24 1

Foreclosure Starts i

3

(Jun 2025)

June '25 Jun '25 3
May '25 May '25 1
April '25 Apr '25 4
March '25 Mar '25 N/A
February '25 Feb '25 3
January '25 Jan '25 5
December '24 Dec '24 1
November '24 Nov '24 1
October '24 Oct '24 1
September '24 Sep '24 3
August '24 Aug '24 N/A
July '24 Jul '24 1

Completed Foreclosures (REOs) i

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

Nearby Zip Codes

1. 88001
2. 88003
3. 88005
4. 88011
5. 88012

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