Zip lookup · NM

87940
Rincon, New Mexico.

Rincon, Dona Ana County, NM · Las Cruces, NM metro · population 393

What it costs per month · 87940 $1,346/mo

to buy the typical home at today's mortgage rate — +$749 (+126%) since Jan 2020.

What the home itself did
1 year
Up $3,197 +1%
$253,194$256,391 since Sep 2025
5 years
Up $42,016 +20%
$214,375$256,391 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.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 87940 $1,346 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 87940$1,346
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 19 years.

Typical home values in zip 87940 rose 1.3% over the past year — in step with the nation.

Typical home value $256,391 as of Sep 2026
+1.3%year on year

Typical home value — 87940

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 87940 $256,391 Las Cruces $285,348 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 87940$256,391
  • Las Cruces$285,348
  • United States$366,157

Within 20 miles

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
11.8 87937 Hatch 2,990 — $167,067
13.1 88012 Las Cruces 33,158 $1,765 $291,821
14.4 87941 Salem 988 — $173,265
16.5 88007 Las Cruces 26,254 $1,536 $323,785
18.5 87936 Garfield 214 — $180,805

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.