View in Interactive Map

La Mesa, NM—88044

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$302,000
1.2% YoY Growth
Household Income
$60,900
61.2% YoY Growth
Days on Market
84
108.0% Longer YoY
Home Price Forecast
1.0%
Median Rent
$700
34.4% YoY Growth
1-Bed Rent
$700
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,400
N/A

Other Zip Codes in La Mesa, NM

88047
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — La Mesa, NM

As of May '26, the median home price in La Mesa, NM is $302,000, with a year-over-year change of -1.2%. This indicates that home prices in La Mesa, NM are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$302,000-1.2%
Single Family $303,0000.3%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$217,000-0.9%
    3 Bed
    		$309,0001.6%
    4 Bed
    		$389,0002.6%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    4.6%
    1 Bedroom
    5.6%
    2 Bedrooms
    17.4%
    3 Bedrooms
    58.9%
    4 Bedrooms
    13.5%

    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.

    TypeMedian RentAverage Rent
    Average Rent$700$1,050
    Studio Rent N/AN/A
    1 Bed Rent $700$700
    2 Bed Rent N/AN/A
    3 Bed Rent $1,400$1,400
    4 Bed Rent N/AN/A
    Loading chart...

    % 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 May '26, Realtor.com reports that the median days on market for a home in La Mesa, NM is 84. This is a increase of 108.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$550,00030.0%
    Listing Count
    		1552.0%
    Listings as % of Homes0.6%52.0%
    Days on Market
    		84108.0%
    Loading chart...

    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.

    MetricLatest CensusYoY % 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%
    Loading chart...

    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

    MetricLatest Census5-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%
    Loading chart...

    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

    MetricZip 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%
    Loading chart...
    Loading chart...

    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$170$700$870
    2 BedroomN/AN/A$970
    3 Bedroom-$40$1,400$1,360
    4 BedroomN/AN/A$1,530

    Affordability — La Mesa, NM

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.8
    Median Home Price$302,000
    Median Household Income$60,900

    La Mesa, NM — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Las Cruces, NM

    88005

    Fairacres

    88004

    Anthony, NM

    88021

    Las Cruces, NM

    88007

    Mesilla

    88046

    Frequently Asked Questions