88046 — Mesilla, NM Home Values
Typical home value $287,541 as of June 2026 · 7th of 18 in Las Cruces, NM
Blue: typical home value (Zillow ZHVI) in ZIP code 88046, June 2021 to June 2026. This page shows observed data only; no forecast.
How 88046 compares in the Las Cruces, NM area
ZIP code 88046 (Mesilla, NM) has a typical home value of $287,541 as of June 2026, ranking 7th of 18 ZIP codes tracked in the Las Cruces, NM area, more expensive than about 67% of ZIP codes in the metro. Prices here have moved +1.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +20.1%, from $239,368 in June 2021 to $287,541 in June 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 88046 has a population of 725, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 53.2% White, and 46.8% Hispanic or Latino.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| MESILLA ELEMENTARY | 2363 CALLE DEL SUR, LAS CRUCES, NM | 0.1 mi |
| RIO GRANDE PREPARATORY INSTITUTE | 2355 AVENIDA DE MESILLA, MESILLA, NM | 0.6 mi |
| ZIA MIDDLE | 1300 WEST UNIVERSITY AVE, LAS CRUCES, NM | 0.9 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 88046?
$287,541 as of June 2026, the latest month Zillow has published observed data for.
Is 88046 an expensive ZIP code in the Las Cruces, NM area?
88046 ranks 7th of 18 ZIP codes in the Las Cruces, NM area by typical home value, more expensive than about 67% of ZIP codes in the metro.
How much have home values in 88046 changed over the past year?
+1.5% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 88046?
725, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 88046?
MESILLA ELEMENTARY (0.1 mi), RIO GRANDE PREPARATORY INSTITUTE (0.6 mi), ZIA MIDDLE (0.9 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 88046?
No. Every number on this page is observed Zillow data as of June 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.