Median home value in zip code 88008 (Santa Teresa, NM) is $309,570, down 0.3% year over year. Part of the Las Cruces, NM metropolitan area.

Home Value$309,570

YoY Change

-0.3%

Prices falling — better for buyers.

Affordability

Enter your income for 88008 (Santa Teresa).

Income (annual)

Down Payment

$61,914 on $309,570

Example: $75,000 household income. Change it above to see your own.

Stretch30.5% of income

Above 28% but manageable with cuts.

PITI$1,905

P/I30.5%

Afford$284K

Gap-$25K

P&I $1,565Tax $206Ins $133

6.50% 30yr, 20% down, county tax + NM ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

88008 is part of the Las Cruces, NM metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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