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Picacho Hills, NM Home Values and Rents
The median home value in Picacho Hills is $456,400, 15th highest of 150 cities and towns in New Mexico.
- Median home value
- $456,400
- 15th of 150 in NM
- Price change, 1 year
- +1.9%
- County index, 2025
- Homeownership
- 100.0%
- NM: 70.0%
Home sale prices in the Las Cruces, NM area
Zillow median sale price, Sep 2026
$313,407-0.9% from a year earlier
Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.
Doña Ana County home price trend
FHFA annual House Price Index for Doña Ana County, 2000 = 100, compared with New Mexico
Show as a table
| Period | Doña Ana County |
|---|---|
| 2025 | 239 |
| 2024 | 235 |
| 2023 | 230 |
| 2022 | 209 |
| 2021 | 179 |
| 2020 | 158 |
| 2019 | 152 |
| 2018 | 145 |
| 2017 | 139 |
| 2016 | 136 |
| 2015 | 133 |
| 2014 | 131 |
| 2013 | 134 |
| 2012 | 135 |
| 2011 | 141 |
Beta
Over five years, Doña Ana County prices changed +51.3%, compared with +33.9% for New Mexico.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
Share:
Fair Market Rents, FY2027
HUD rent standard for Las Cruces, NM MSA
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $790 | +6.2% |
| 1 bedroom | $975 | +2.5% |
| 2 bedrooms | $1,073 | +3.0% |
| 3 bedrooms | $1,461 | +0.8% |
| 4 bedrooms | $1,692 | +7.1% |
Frequently asked questions
- What is the median home value in Picacho Hills, NM?
- The median home value in Picacho Hills is $456,400, based on the American Community Survey 2020-2024 5-year estimates. The New Mexico median is $248,100.
- Are home prices going up in Picacho Hills?
- Home prices in Doñan Ana County changed +1.9% over one year and +51.3% over five years, as of 2025.
- How does Picacho Hills compare with the rest of New Mexico?
- Picacho Hills has the 15th highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.