La Mesa, NM—88047
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in La Mesa, NM
Home Price Trends — La Mesa, NM
As of Nov '25, the median home price in La Mesa, NM is $349,000, with a year-over-year change of 1.1%. This indicates that home prices in La Mesa, NM are increasing. 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 | $349,000 | 1.1% |
| Single Family | $349,000 | 0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $331,000 | 0.9% |
4 Bed | $416,000 | 2.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — La Mesa, NM
As of Nov '25, Realtor.com reports that the median days on market for a home in La Mesa, NM is 75. This is a decrease of -45.0% 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 | $325,000 | -24.0% |
Listing Count | 5 | 22.0% |
| Listings as % of Homes | 0.4% | 22.0% |
Days on Market | 75 | -45.0% |
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% |
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% |
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 |
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 |
Affordability — La Mesa, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.1 |
| Median Home Price | $349,000 |
| Median Household Income | $39,800 |