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ZIP 88054

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.New Mexico
$155K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
1
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$246K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Apr 2026 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
20212026
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
20212026
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
20212026
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
20212026
Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
202120222026

Housing Stock

HomesHow many homes we have records for in this area.247
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$246K
Median sizeThe middle home size here, measured in square feet.1,456 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1995
Single familyThe share of homes here that are single-family houses.98%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.77%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.51%
Company ownedThe share of homes owned by a company or trust instead of a person.18%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.2%
Typical ownership tenureHow long the typical owner here has held their home.20.5 yrs

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all ZIP codes nationally.

How ZIP 88054 compares

By median home value, ZIP 88054 is the 9th most expensive of 24 ZIP codes in Dona Ana County, and its typical home is worth more than 39% of all homes in Dona Ana County.

Home values in ZIP 88054

Share of homes at each estimated value.

Median
$114K$657K
ZIP codes in Dona Ana County ranked by median home value
#Dona Ana CountyMedian valueHomes
1Mesilla 88046$366K576
2Las Cruces 88011$355K11,938
3Santa Teresa 88008$343K3,687
4Las Cruces 88007$304K7,819
5Mesilla Park 88047$294K433
6Las Cruces 88012$286K12,827
7La Mesa 88044$265K893
8Las Cruces 88005$263K8,031
988054$246K247
1088024$237K285
11Vado 88072$217K463
12Anthony 88021$217K3,463
13Sunland Park 88063$215K2,760
14Las Cruces 88001$206K8,670
15Chaparral 88081$203K2,838
1688058$190K139
1788027$189K168
18Mesquite 88048$182K631
19Dona Ana 88032$173K256
20Organ 88052$173K133
21Hatch 87937$161K649
22Rincon 87940$131K110
23Garfield 87936$121K133
24Salem 87941$119K177

About the ZIP 88054 market

What is the median home price in ZIP 88054, NM?

The median sale price in ZIP 88054, NM is $154,593 (data through April 2026), based on deeds recorded with the county.

How many homes sell in ZIP 88054, NM each year?

1 homes sold in ZIP 88054, NM over the last 12 months (data through April 2026). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in ZIP 88054, NM?

ZIP 88054, NM contains 247 residential properties, with a median of 1,456 square feet, 3 bedrooms, built around 1995. The median TopHap Estimate is $246K.

How does ZIP 88054, NM compare to the rest of Dona Ana County?

By median home value, ZIP 88054, NM is the 9th most expensive of 24 ZIP codes in Dona Ana County. Its typical home is worth more than 39% of all homes in Dona Ana County. Las Cruces 88005 ranks just above it and 88024 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in ZIP 88054, NM?

51% of homes in ZIP 88054, NM are owner-occupied. 18% are held by a company rather than an individual.

How much equity do owners in ZIP 88054, NM hold?

77% of mortgaged homes in ZIP 88054, NM are equity-rich, meaning the loan balance is under half the home's value. 0.0% owe more than the home is worth.

Browse addresses

Every street and address TopHap holds is browsable by state, county and city. Browse New Mexico property records.

Explore ZIP 88054 on the map

See every recorded sale, price heat map, school zone and flood overlay across ZIP 88054 in TopHap’s interactive 3D map.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map