La Mesa, NM 88044 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

La Mesa, NM—88044

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$313,000

2.7% YoY Growth

Household Income

$60,900

61.2% YoY Growth

Days on Market

49.0% Shorter YoY

Home Price Forecast

2.3%

Median Rent

$700

34.4% YoY Growth

1-Bed Rent

$700

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,400

N/A

Other Zip Codes in La Mesa, NM

88047

Home Price Trends — La Mesa, NM

As of Dec '25, the median home price in La Mesa, NM is $313,000, with a year-over-year change of -2.7%. This indicates that home prices in La Mesa, NM are decreasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$313,000	-2.7%
Single Family	$312,000	-3.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — La Mesa, NM

As of July '25, Rentcast reports the average rent in La Mesa, NM is $1,050, with a year-over-year rent change of -34.4%. Per bedroom, the median rent as of July '25 in La Mesa, NM is 1-bedrooms: $700, 3-bedrooms: $1,400. The most common rental property sizes in La Mesa, NM are 3-bedroom and 1-bedroom, accounting for 33.1% and 32.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$700	$1,050
Studio Rent	N/A	N/A
1 Bed Rent	$700	$700
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,400	$1,400
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

32.5%

2 Bedrooms

16.9%

3 Bedrooms

33.1%

4 Bedrooms

17.5%

Property Listings — La Mesa, NM

As of Dec '25, Realtor.com reports that the median days on market for a home in La Mesa, NM is 52. This is a decrease of -37.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$340,000	-11.0%
Listing Count	13	52.0%
Listings as % of Homes	0.6%	52.0%
Days on Market	79	-49.0%

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Demographics — La Mesa, NM

As of the latest ACS Survey released in 2023, La Mesa, NM has a population of 2,680, which has decreased by -23.9% over the past 5 years. La Mesa, NM is a popular place for families, as children make up 25.2% of the population. The area has a poorly educated workforce, with 22.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,680	-23.9%
% Under 18	25.2%	14.0%
% Seniors	23.3%	3.6%
% WFH	2.6%	-49.0%
% w/ College Degree	22.7%	32.7%

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As of the latest ACS Survey released in 2023, La Mesa, NM is a predominantly hispanic area, with 85.9% of the population identifying as hispanic. The hispanic population has grown by 3.0% in the last 5 years. The second most common race or ethnicity in La Mesa, NM is white, making up 13.6% of the population. Foreign-born residents account for 21.7% of the population in La Mesa, NM, and this percentage has increased by 1.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	13.6%	-9.9%
% Black	0.0%	N/A
% Hispanic	85.9%	3.0%
% Asian	0.0%	-100.0%
% Foreign Born	21.7%	1.9%

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Mortgage and Risk — La Mesa, NM

According to HUD data as of 2023, there were 25 mortgage originations in La Mesa, NM, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in La Mesa, NM. Investor activity is low, as 12.0% of loans were by investors. 24.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	25
% Conventional Loans	68.0%
% Government Loans	32.0%
% Investor Loans	12.0%
% Second Loans	0.0%
% Cash Out Refinance	24.0%

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Rentals and Section 8 — La Mesa, NM

La Mesa, NM lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% Rentals under Section 8	1.9%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$170	$700	$870
2 Bedroom	N/A	N/A	$970
3 Bedroom	-$40	$1,400	$1,360
4 Bedroom	N/A	N/A	$1,530

La Mesa, NM—88044

Key Metrics at a Glance

Other Zip Codes in La Mesa, NM

Home Price Trends — La Mesa, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — La Mesa, NM

% of Rental Stock

Property Listings — La Mesa, NM

Demographics — La Mesa, NM

Race and Ethnicity

Mortgage and Risk — La Mesa, NM

Mortgages

Rentals and Section 8 — La Mesa, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — La Mesa, NM

Home Price to Income Ratio

La Mesa, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Las Cruces, NM

Fairacres

Anthony, NM

Las Cruces, NM

Mesilla

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.1
Median Home Price	$313,000
Median Household Income	$60,900

La Mesa, NM—88044

Key Metrics at a Glance

Other Zip Codes in La Mesa, NM

Home Price Trends — La Mesa, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — La Mesa, NM

% of Rental Stock

Property Listings — La Mesa, NM

Demographics — La Mesa, NM

Race and Ethnicity

Mortgage and Risk — La Mesa, NM

Mortgages

Rentals and Section 8 — La Mesa, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — La Mesa, NM

Home Price to Income Ratio

La Mesa, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Las Cruces, NM

Fairacres

Anthony, NM

Las Cruces, NM

Mesilla

Frequently Asked Questions

What is the average home price in La Mesa, NM 88044?

How have home prices in La Mesa, NM 88044 changed over the past year?

What is the home price projection for La Mesa, NM 88044?

What are the demographics of La Mesa, NM 88044?

How long does it take homes to sell in La Mesa, NM 88044?

What is the average rent price in La Mesa, NM 88044?