Las Cruces, NM 88012 Multi-family Properties For Sale
The median home value in Las Cruces, NM 88012 is $272,300. This is higher than the county median home value of $246,100. The national median home value is $338,100. The average price of homes sold in Las Cruces, NM 88012 is $272,300. Approximately 72.49% of Las Cruces, NM 88012 homes are owned, compared to 19.31% rented, while 8.20% are vacant. Las Cruces, NM 88012 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Las Cruces, NM 88012 real estate agent to arrange a tour today!
Learn More About Las Cruces, NM 88012 Real EstateStatistics & facts
27,926
Population
$272K
Medium Home Value
10,579
# of Households
8.20%
Housing Vacancy
41.29%
Future Job Growth
3.90%
Unemployment Rate
The data relating to real estate for sale on this web site comes in part from the IDX Program of the West Penn MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 West Penn Multi-List™. All rights reserved.
Population
Las Cruces, NM 88012 has a population of approximately 27,926 and experiences a population change rate of 80.95%. The population density is 76.7 / sq mi.
Household
The median household income for Las Cruces, NM 88012 is $53,874, with 10,579 households and an average household size of 2.95.
Cost of Living
The cost of living index in Las Cruces, NM 88012 is 91.8%.
Home Value
The median value of a home in Las Cruces, NM 88012 is $272,300 with an appreciation rate of 18.3%. 72.5% of housing in the zip code is owned while 19.3% is rented.
Employment
The unemployment rate in Las Cruces, NM 88012 is 3.90%, and recent job growth is at 1.54%. Future job growth is projected at 41.29%.
Taxes
The sales tax rate in Las Cruces, NM 88012 is 8.19%, while the income tax rate is 4.90%.
Education
School expenditures in Las Cruces, NM 88012 are $12,307, and the school ratio is 15.1:1.
Weather
The average high temperature in July is 94.3 degrees, with an average low temperature in January of 23.5 degrees. The average rainfall is approximately 10.3 inches per year, with 2.5 inches of snow per year.
Education near Las Cruces NM, 88012
| Metric | City | County |
|---|---|---|
| High School Graduates | 87.55 | 80.75 |
| College Degree - 2 year | 9.34 | 8.27 |
| College Degree - 4 year | 36.44 | 30.04 |
| Graduate Degree | 11.71 | 9.24 |
| Expenditures per Student | $12,307 | $12,307 |
| Students per Teacher | 15.10 | 15.10 |
Elementary Schools near Las Cruces NM , 88012
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| J Paul Taylor Academy | KG - 08 | 190 | 15.7 | 88012 |
| Monte Vista Elementary | KG - 05 | 491 | 14 | 88012 |
| Sonoma Elementary School | PK - 05 | 646 | 16 | 88011 |
Middle Schools near Las Cruces NM , 88012
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Camino Real Middle School | 06 - 08 | 748 | 17.4 | 88011 |
High Schools near Las Cruces NM , 88012
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Centennial High School | 09 - 12 | 1456 | 16.6 | 88011 |
| Early College High School | 09 - 12 | 435 | 26.9 | 88012 |
