87937 — Las Cruces, NM Home Values
Typical home value $174,833 as of August 2026 · 18th of 18 in Las Cruces, NM
Blue: typical home value (Zillow ZHVI) in ZIP code 87937, August 2021 to August 2026. This page shows observed data only; no forecast.
How 87937 compares in the Las Cruces, NM area
ZIP code 87937 (Las Cruces, NM) has a typical home value of $174,833 as of August 2026, ranking 18th of 18 ZIP codes tracked in the Las Cruces, NM area, more expensive than about 6% of ZIP codes in the metro. Prices here have moved +3.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +27.9%, from $136,687 in August 2021 to $174,833 in August 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Las Cruces, NM forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Las Cruces.
Population and demographics
ZIP code 87937 has a population of 3,341, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 88.7% Hispanic or Latino, and 11.3% White.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| HATCH VALLEY HIGH | 170 EAST HERRERA, HATCH, NM | 6.1 mi |
| RIO GRANDE ELEMENTARY | 940 EAST HERRERA, HATCH, NM | 6.1 mi |
| HATCH VALLEY MIDDLE | 901 EAST HERRERA, HATCH, NM | 6.2 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 87937?
$174,833 as of August 2026, the latest month Zillow has published observed data for.
Is 87937 an expensive ZIP code in the Las Cruces, NM area?
87937 ranks 18th of 18 ZIP codes in the Las Cruces, NM area by typical home value, more expensive than about 6% of ZIP codes in the metro.
How much have home values in 87937 changed over the past year?
+3.4% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 87937?
3,341, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 87937?
HATCH VALLEY HIGH (6.1 mi), RIO GRANDE ELEMENTARY (6.1 mi), HATCH VALLEY MIDDLE (6.2 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 87937?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Las Cruces, NM forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.