Zip 88011 (Las Cruces, NM) Housing

Housing in 88011 Las Cruces, NM is currently valued at $327,000, which is slightly lower than the US median house value of $338,100. However, this area has seen a much larger appreciation rate over the past year compared to the national average. Specifically, the housing market in 88011 Las Cruces, NM has increased 16.79% in the past year as compared to the US average of 8.27%. This shows that Las Cruces is a very desirable place for potential home buyers and investors alike.

The median home cost in Las Cruces (zip 88011) is $327,000. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Las Cruces (zip 88011) is up 18.3%.

Average Age of Homes

- The median age of Las Cruces (zip 88011) real estate is 19 years old

The Rental Market in Las Cruces (zip 88011)

- Renters make up 38.0% of the Las Cruces (zip 88011) population
- 2.2% of houses and apartments in Las Cruces (zip 88011), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Las Cruces, New Mexico	United States
	14,863.0	139,647,020.0
	26	42
	$327,000	$338,100
	18.3%	16.6%
	57.5%	57.0%
	65.2%	101.1%
	$8.09	$10.98
	$2,188	$2,690
	53.0%	57.4%
	9.3%	11.2%
	37.8%	31.4%
Vacant Housing
	2.2%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	3.8%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	1.2%	2.4%
	2.3%	2.8%
	0.0%	3.9%
	2.0%	4.5%
	4.2%	11.3%
	19.9%	13.0%
	30.1%	20.1%
	21.7%	13.6%
	6.6%	8.3%
	8.2%	9.7%
	1.3%	3.9%
	0.2%	2.2%
	0.2%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	27.9%	13.6%
	27.9%	13.6%
	20.7%	13.6%
	16.8%	13.2%
	16.1%	14.8%
	20.7%	13.6%
	0.3%	10.0%
	0.2%	4.7%
	0.8%	12.2%

Reviews for Las Cruces

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Chris and Christine · Las Cruces, NM

It's Dry :-)

Over 2 years ago

I've lived in New York NY, Madison WI, Orlando FL, Hendersonville NC, and Las Cruces NM. Climatologically speaking, Las Cruces has the best climate of the More

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