La Mesilla, NM
Housing market overview · Updated weekly
$590,000median sale price
Homes sold
1
Last 12 weeks
Days on market
224
Average pace
Active listings
8
8.0 months supply
Sale-to-list
98.3%
Below asking
The La Mesilla housing market is currently classified as a buyer's market with a median sale price of $590,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 224 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in La Mesilla
There are currently 8 homes listed for sale in La Mesilla, New Mexico. The median listing price is $620K.
Active listings
8
Homes on market
Median list price
$620K
Avg. days on market
224
Days until sale
New this week
3
Newly listed
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Frequently asked questions
What is the average home price in La Mesilla?
The median home sale price in La Mesilla is $590,000, down 0.0% from last year.
How long do homes stay on market in La Mesilla?
Homes typically spend 224 days on market before going under contract.
Is La Mesilla a buyer's or seller's market?
With 8.0 months of supply, La Mesilla is currently a buyer's market.
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