Is Mesilla Park, NM 88047 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Mesilla Park is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Mesilla Park housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Doña Ana County, NM

Population	1,660
Median income	$48,049
Average income	$59,446
Median home value	$160,700
Median rent	$528/month
Owner-occupied	83% of homes
Median year built	1991

Natural hazard riskWinter storms (relatively high), extreme heat (moderate), hail (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 88047; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 88047

Prefilled for 88047Can I win this house?Multiple-offer likelihood for a listing Prefilled for 88047Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Anthony 88021Seller’s market $184 /sq ft Garfield 87936 — /sq ft Hatch 87937 — /sq ft La Mesa 88044Balanced $187 /sq ft Browse all markets →

Towns like Mesilla Park nearby

Find towns like Mesilla Park in other states →

Anthony, TX79821 · 17 miles away70% similarlarger · older residents Canutillo, TX79835 · 20 miles away68% similarcheaper homes ($51K less) · larger Mesquite, NM88048 · 5 miles away66% similarcheaper homes ($61K less) · larger Sunland Park, NM88063 · 28 miles away65% similarcheaper homes ($45K less) · larger

Where Mesilla Park is

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Questions about Mesilla Park real estate

What are property taxes in Mesilla Park?

About 0.67% of a home’s value a year in Doña Ana County, or roughly $2,680 on a $400,000 home.

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More tools for 88047

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Doña Ana County property taxes Doña Ana County loan limits Closing costs in New Mexico Hottest ZIP codes in New Mexico

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology