Land for Sale in La Mesilla, NM

1 Home for Sale

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La Mesilla, NM Housing Market Overview

La Mesilla's housing market currently favors buyers. This gives buyers the upper hand in negotiations. With a 8-month supply of homes and an average of 224 days on the market, buyers have plenty of time to choose and significant bargaining power.

Status

Buyer's Market

Days on Market

224

Inventory

1

Aug 2021Mar 2024Feb 2026

Median Home Price

$590,000Down 0.00%

In Feb 2026 · YoY

Aug 2021Mar 2024Feb 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
1 Down 0.00%
Newly Listed Homes
3 Down 0.00%
Months of Supply
8 Down 0.00%

Housing Demand

Homes Sold
1 Down 0.00%
Sale-to-List Ratio
98.3% Down 0.00%
Homes Sold Above List
0% Down 0.00%

30-yr fixed rate 6.23% · Data as of Feb 2026 · Source: Houzeo Research.

View Full La Mesilla Market Report
No. of Homes
Prices
Homes for Sale Bernalillo
2,835
$429,000
Homes for Sale Albuquerque
2,530
$365,000
Homes for Sale Rio Rancho
1,873
$411,950
  • mls-imgIDX Logo
    Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Sep 7, 2026, 9:45 AM. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by The Service. © 2024 Greater Albuquerque Association of REALTORS®. All Rights Reserved.

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La Mesilla, NM Housing Marketlink qauare
Homes Available icon

1

Homes Available

Median List Price icon

$ 590,000

Median List Price

Avg on Market icon

224 Days

Avg on Market

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