88047
Mesilla Park, New Mexico.
Mesilla Park, Dona Ana County, NM · Las Cruces, NM metro · population 1,660
to buy the typical home at today's mortgage rate — +$1,003 (+118%) since Jan 2020.
- 1 year
- Up $5,297 +2%
- $347,862$353,159 since Sep 2025
- 5 years
- Up $71,515 +25%
- $281,645$353,159 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.
- 88047$1,854
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 15 years.
Typical home values in zip 88047 rose 1.5% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Mesilla Park, NM — measured over the city limits, which is a different area from this zip.
Typical home value — 88047
Mid-tier homes, smoothed and seasonally adjusted.
- 88047$353,159
- 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 |
|---|---|---|---|---|---|
| 5.6 | 88048 | Mesquite | 3,247 | — | $210,064 |
| 5.7 | 88001 | Las Cruces | 37,690 | $984 | $202,311 |
| 6.0 | 88046 | Mesilla | 656 | — | $278,905 |
| 7.8 | 88072 | Vado | 2,608 | — | $257,259 |
| 11.8 | 88024 | Berino | 431 | — | $232,742 |
| 14.6 | 88011 | Las Cruces | 33,064 | $1,548 | $353,948 |
| 16.1 | 88005 | Las Cruces | 27,509 | $1,194 | $272,780 |
| 17.7 | 88021 | Anthony | 16,298 | — | $235,131 |
| 17.8 | 79821 | Anthony | 7,227 | — | $226,408 |
| 19.7 | 88007 | Las Cruces | 26,254 | $1,536 | $323,785 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.