Las Cruces Real Estate Market

Las Cruces Market

The median sale price for homes in Las Cruces over the last 12 months is $148,878.


The median mortgage debt is $58,411.

Additional Statistics for Single Family Homes and Condos in Las Cruces, NM
$192,900
Median Listing Price
104
Median Days on Market
1029
Active Listings
1.0%
Distressed Listings
(foreclosures and short sales)
Las Cruces, NM Price Trends - Sold vs. Listed

Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).

By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

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Las Cruces, NM Market Inventory Trends

The number of active listings in Las Cruces dropped by 4.8% from the previous month.

The median number of days active properties have been listed is 104.

The number of sales in June dropped by 70.8% from the previous month.

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Las Cruces, NM Property Ownership

The percent of unoccupied properties is very low in Las Cruces . It is -10.54% below the national average.

The percent of owner occupied properties in Las Cruces is 10.23% below the national average.

The percent of rental properties in Las Cruces is 23.57% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.