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  4. /La Mesa, NM - 88047

La Mesa, NM—88047

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$354,000
0.7% YoY Growth
Household Income
$39,800
43.8% YoY Growth
Days on Market
361
334.0% Longer YoY
Home Price Forecast
1.1%
Median Rent
$1,100
4.2% YoY Growth
1-Bed Rent
$1,100
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Other Zip Codes in La Mesa, NM

88044
  • 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 $354,000, with a year-over-year change of 0.7%. This indicates that home prices in La Mesa, NM are flat. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$354,0000.7%
Single Family $354,0001.1%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$337,0002.4%
    4 Bed
    		$427,0001.7%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    3.2%
    1 Bedroom
    1.5%
    2 Bedrooms
    38.1%
    3 Bedrooms
    39.0%
    4 Bedrooms
    18.1%
    5+ Bedrooms
    0.1%

    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.

    TypeMedian RentAverage Rent
    Average Rent$1,100$1,150
    Studio Rent N/AN/A
    1 Bed Rent $1,100$1,150
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$495,00011.0%
    Listing Count
    		2-38.0%
    Listings as % of Homes0.4%-38.0%
    Days on Market
    		361334.0%
    Loading chart...

    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.

    MetricLatest CensusYoY % 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%
    Loading chart...

    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

    MetricLatest Census5-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%
    Loading chart...

    Mortgage and Risk — La Mesa, NM

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

    Mortgages

    MetricZip 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
    Loading chart...
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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 SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$150$1,100$950
    2 BedroomN/AN/A$1,050
    3 BedroomN/AN/A$1,460
    4 BedroomN/AN/A$1,620

    Affordability — La Mesa, NM

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio8
    Median Home Price$354,000
    Median Household Income$39,800

    La Mesa, NM — ZIP Code Boundary Map

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    Nearby ZIP Codes

    University Park

    88003

    Las Cruces, NM

    88001

    Mesquite, NM

    88048

    Mesilla

    88046

    Vado, NM

    88072

    Frequently Asked Questions