SIALIMStatistical Intelligence for America's Local Investment Markets

88011Las Cruces, NM Home Values

Typical home value $357,949 as of June 2026 · 1st of 18 in Las Cruces, NM

Typical value — June 2026
$357,949
observed, not a forecast
Past 12 months
-0.2%
trailing year-over-year change
Past 5 years
+25.5%
June 2021 to June 2026
Rank in metro
1st
of 18 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 88011, June 2021 to June 2026. This page shows observed data only; no forecast.

How 88011 compares in the Las Cruces, NM area

ZIP code 88011 (Las Cruces, NM) has a typical home value of $357,949 as of June 2026, ranking 1st of 18 ZIP codes tracked in the Las Cruces, NM area, the most expensive ZIP code in the metro. Prices here have moved -0.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +25.5%, from $285,206 in June 2021 to $357,949 in June 2026. Against observed rent, the typical home here sells for 20.3× the annual rent ($1,473/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Las Cruces, NM forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Las Cruces.

Population and demographics

ZIP code 88011 has a population of 31,143, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 53.3% White, 40.2% Hispanic or Latino, 2.4% Black or African American, 2.4% Asian, 1.4% two or more races, 0.1% American Indian or Alaska Native, and 0.1% another race.

Nearby public schools

SchoolAddressDistance
WHITE SANDS ELEMENTARY1 VIKING ST WHITE SANDS MISSILE RANGE, LAS CRUCES, NM4.9 mi
CESAR CHAVEZ ELEMENTARY5250 N HOLMAN RD, LAS CRUCES, NM6.4 mi
SUNRISE ELEMENTARY5300 N HOLMAN RD, LAS CRUCES, NM6.4 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 88011?

$357,949 as of June 2026, the latest month Zillow has published observed data for.

Is 88011 an expensive ZIP code in the Las Cruces, NM area?

88011 ranks 1st of 18 ZIP codes in the Las Cruces, NM area by typical home value, the most expensive ZIP code in the metro.

How much have home values in 88011 changed over the past year?

-0.2% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 88011?

The typical home price is 20.3× the observed annual rent in this ZIP code ($1,473/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 88011?

31,143, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 88011?

WHITE SANDS ELEMENTARY (4.9 mi), CESAR CHAVEZ ELEMENTARY (6.4 mi), SUNRISE ELEMENTARY (6.4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 88011?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Las Cruces, NM forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.