Welcome to our 88012 real estate data hub, tailored for investors in Las Cruces, NM. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 88012 in Las Cruces, NM. Discover Section 8 housing opportunities and challenges to maximize your investment potential in DONA ANA COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Las Cruces, NM real estate investing. Uncover the wealth of information available, and position yourself for success in the Las Cruces property market.
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Location Overview
- Zip Code: 88012
- City: Las Cruces
- State: NM
- Metro Area: Las Cruces, NM
- County Name: DONA ANA COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $278,016
- Average Home Price (Single Family Homes): $278,247
- Average Monthly Rental Price (All Types): $1,586
- Price-to-Rent Ratio: 15
- Zillow Projected % appreciation from 4/2023-4/2024: 2.1%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,170
- Average 3 Bedroom Section 8 Rental Rates: $1,660
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 19.8
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.96
- Number of Units Offered in Section 8 in the County: Not Available
- Number of Occupied Units in Section 8 in the County: Not Available
- Percentage of Section 8 Units Occupied in the County: Not Available%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 161.03
- Total % Appreciation since 2000 (Government Data): 104.91
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.16%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 9.57%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 45.94%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 59.09%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 64.91%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 22.51%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 78.25%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -0.95%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 7.92%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%