La Mesa, NM 88047 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

La Mesa, NM—88047

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$349,000

0.2% YoY Growth

Household Income

$39,800

43.8% YoY Growth

Days on Market

361

334.0% Longer YoY

Home Price Forecast

0.9%

Median Rent

$1,100

4.2% YoY Growth

1-Bed Rent

$1,100

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Other Zip Codes in La Mesa, NM

88044

Home Price Trends — La Mesa, NM

As of May '26, the median home price in La Mesa, NM is $349,000, with a year-over-year change of -0.2%. This indicates that home prices in La Mesa, NM are flat. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$349,000	-0.2%
Single Family	$349,000	0.0%
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 $1,150, with a year-over-year rent change of -4.2%. Per bedroom, the median rent as of July '25 in La Mesa, NM is 1-bedrooms: $1,150. The most common rental property sizes in La Mesa, NM are 2-bedroom and 1-bedroom, accounting for 72.9% and 18.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,100	$1,150
Studio Rent	N/A	N/A
1 Bed Rent	$1,100	$1,150
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

18.6%

2 Bedrooms

72.9%

3 Bedrooms

8.5%

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 361. This is a increase of 334.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$495,000	11.0%
Listing Count	2	-38.0%
Listings as % of Homes	0.4%	-38.0%
Days on Market	361	334.0%

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Demographics — La Mesa, NM

As of the latest ACS Survey released in 2023, La Mesa, NM has a population of 1,410, which has decreased by -38.7% over the past 5 years. La Mesa, NM is a popular place for families, as children make up 28.2% of the population. The area has a moderately educated workforce, with 30.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,410	-38.7%
% Under 18	28.2%	27.0%
% Seniors	23.1%	49.0%
% WFH	7.9%	∞%
% w/ College Degree	30.7%	29.0%

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As of the latest ACS Survey released in 2023, La Mesa, NM is a predominantly hispanic area, with 73.2% of the population identifying as hispanic. The hispanic population has grown by 16.0% in the last 5 years. The second most common race or ethnicity in La Mesa, NM is white, making up 26.8% of the population. Foreign-born residents account for 11.3% of the population in La Mesa, NM, and this percentage has decreased by 59.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	26.8%	-27.4%
% Black	0.0%	N/A
% Hispanic	73.2%	16.0%
% Asian	0.0%	N/A
% Foreign Born	11.3%	-59.4%

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Mortgage and Risk — La Mesa, NM

La Mesa, NM lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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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	2
Total Units Section 8	1
% Rentals under Section 8	0.0%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$150	$1,100	$950
2 Bedroom	N/A	N/A	$1,050
3 Bedroom	N/A	N/A	$1,460
4 Bedroom	N/A	N/A	$1,620

La Mesa, NM—88047

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

University Park

Las Cruces, NM

Mesquite, NM

Mesilla

Vado, NM

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	7.9
Median Home Price	$349,000
Median Household Income	$39,800

La Mesa, NM—88047

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

University Park

Las Cruces, NM

Mesquite, NM

Mesilla

Vado, NM

Frequently Asked Questions

What is the average home price in La Mesa, NM 88047?

How have home prices in La Mesa, NM 88047 changed over the past year?

What is the home price projection for La Mesa, NM 88047?

What are the demographics of La Mesa, NM 88047?

How long does it take homes to sell in La Mesa, NM 88047?

What is the average rent price in La Mesa, NM 88047?