87937
Las Cruces, New Mexico.
Las Cruces, Dona Ana County, NM · Las Cruces, NM metro · population 2,990
to buy the typical home at today's mortgage rate — +$505 (+136%) since Jan 2020.
- 1 year
- Up $7,177 +4%
- $159,890$167,067 since Sep 2025
- 5 years
- Up $37,337 +29%
- $129,730$167,067 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 87937$877
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in zip 87937 rose 4.5% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Las Cruces, NM — measured over the city limits, which is a different area from this zip.
Typical home value — 87937
Mid-tier homes, smoothed and seasonally adjusted.
- 87937$167,067
- Las Cruces$285,348
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 7.4 | 87941 | Salem | 988 | — | $173,265 |
| 11.3 | 87936 | Garfield | 214 | — | $180,805 |
| 11.8 | 87940 | Rincon | 393 | — | $256,391 |
| 19.6 | 88007 | Las Cruces | 26,254 | $1,536 | $323,785 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.