Specific data for this location is not currently available. The data shown is for the surrounding area.
Las Cruces, NM Housing Market
$288,037
0.2% 1-yrThe average Las Cruces, NM home value is $288,037, up 0.2% over the past year and goes to pending in around 29 days.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Las Cruces Key Takeaways
Typical Home Values: $288,037
1-year Value Change: +0.2%
(Data through August 31, 2025)
Las Cruces Housing Market Overview
--1-year Market Forecast
712For sale inventory(August 31, 2025)
168New listings(August 31, 2025)
0.984Median sale to list ratio(July 31, 2025)
$304,670Median sale price(July 31, 2025)
$359,667Median list price(August 31, 2025)
8.5%Percent of sales over list price(July 31, 2025)
63.6%Percent of sales under list price(July 31, 2025)
29Median days to pending(August 31, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- High Desert$315,306
- The Pueblos at Alameda Ranch$424,551
- The Pueblo$386,698
- Dos Suenos$303,056
- Sonoma Ranch$377,417
- Sonoma Ranch South$391,217
- High Range$331,927
- Constance M. Palmer$221,724
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Las Cruces Rental Market Trends
$1,392Average rent in Las Cruces(August 31, 2025)
$2,007National average rent(August 31, 2025)
0.4%Month-over-month change(August 31, 2025)
2.5%Year-over-year change(August 31, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
