High Desert, Las Cruces NM - Investment Data
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📊 How Does High Desert Compare?
| Metric | High Desert | Las Cruces | Las Cruces, NM | New Mexico |
|---|---|---|---|---|
| Home Value | $166,670 | $166,670 | N/A | $308,799 |
| Avg Rent | $1,247 | $1,247 | N/A | - |
| 5-Year CAGR | 7.1% | 5.7% | N/A | 7.3% |
| Cap Rate | 0.0% | 0.0% | - | - |
High Desert is a neighborhood in Las Cruces, New Mexico. This neighborhood spans 11 ZIP codes, offering investors a range of property types and price points. The current median home value in this neighborhood is $318,834, which has decreased by 0.2% over the past year. With average rents around $1,247/month and home values averaging $166,670, investors can evaluate potential cash flow opportunities in this market.
Home Value Trends
ZIP Codes in High Desert
| ZIP | City | Home Value | Rent | Cap Rate | Rating | Vacancy | Match |
|---|---|---|---|---|---|---|---|
| 87937 | Las Cruces | $170,262 | $873 | 0.0% | 9.5% | City match | |
| 88001 | Las Cruces | $206,958 | $963 | 0.0% | 8.8% | City match | |
| 88005 | Las Cruces | $276,928 | $1,169 | 0.0% | 9.4% | City match | |
| 88007 | Las Cruces | $327,750 | $1,536 | 0.0% | 8.2% | City match | |
| 88011 | Las Cruces | $358,248 | $1,465 | 0.0% | 6.8% | City match | |
| 88012 | Las Cruces | $294,845 | $1,787 | 0.0% | 9.4% | City match | |
| 88032 | Las Cruces | $198,383 | $936 | 0.0% | — | City match | |
| 88003 | Las Cruces | $0 | — | — | — | — | City match |
| 88004 | Las Cruces | $0 | — | — | — | — | City match |
| 88013 | Las Cruces | $0 | — | — | — | — | City match |
| 88033 | Las Cruces | $0 | — | — | — | — | City match |
Other Neighborhoods in Las Cruces
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