Las Cruces (88012) has an estimated 25,961 residents with 25,940 of those people in approximately 8,956 housing units. The 88012 zipcode contains 5,118 housing units that are owned with a mortgage or a loan, 1,718 housing units that are owned free and clear and 2,120 housing units that are renter occupied.

In Las Cruces (88012) the median listing price of $171,170 has declined by $7,858 since 2018-10.

In 2018 the average percentage drop was 3.03% of original listing price.

Zip code 88012 is in the Las Cruces metropolitan area.
The median estimated home value in Las Cruces, NM (88012) is $162,100 as of 2018-10-31

In Las Cruces, NM (88012), values have declined by -0.07 from when they peaked at $174,600 in 2008-Q2

The Zillow Market Health Index for Las Cruces, NM (88012) is 0.14. The corresponding state value is 2.55. This is significantly lower than the overall Market Health Index of NewMexico.
Metro value is 0.12.
This is higher than the overall Market Health Index of LasCruces.