Zip lookup · NM

88046
Mesilla, New Mexico.

Mesilla, Dona Ana County, NM · Las Cruces, NM metro · population 656

What it costs per month · 88046 $1,464/mo

to buy the typical home at today's mortgage rate — +$722 (+97%) since Jan 2020.

What the home itself did
1 year
Up $1,399 +1%
$277,505$278,905 since Sep 2025
5 years
Up $30,483 +12%
$248,422$278,905 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 88046 $1,464 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 88046$1,464
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 30 years.

Typical home values in zip 88046 rose 0.5% over the past year — slower than the nation's +1.2%.

Typical home value $278,905 as of Sep 2026
+0.5%year on year

Typical home value — 88046

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 88046 $278,905 Las Cruces $285,348 United States $366,157
$200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 88046$278,905
  • Las Cruces$285,348
  • United States$366,157

Within 20 miles

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
3.0 88001 Las Cruces 37,690 $984 $202,311
6.0 88047 Mesilla Park 1,660 — $353,159
11.5 88048 Mesquite 3,247 — $210,064
11.6 88005 Las Cruces 27,509 $1,194 $272,780
13.8 88007 Las Cruces 26,254 $1,536 $323,785
13.8 88072 Vado 2,608 — $257,259
15.2 88011 Las Cruces 33,064 $1,548 $353,948
17.5 88024 Berino 431 — $232,742

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