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City / Town Overview

Las Cruces, NM

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Las Cruces, NM real estate market currently shows 1,130 active listings, with 457 pending sales. Homes are averaging 75.4 days on the market before going under contract.

Inventory has increased compared to last year, with 419 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 75.4 days on market compared to 67 days last year.

The median listing price has fallen 1.4% year-over-year, from $386,823 to $381,596.

Whether you are buying or selling in Las Cruces, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 155,746  ·  Density: 393.4/mi²  ·  Median household income: $53,593

Typical home value: $198,550  ·  Homeownership: 60.2%

Included Areas

Las Cruces: 88001, 88003, 88004, 88005, 88006, 88007, 88011, 88012, 88013

Area Map

Market Overview

Active Listings
1,130
⇧ 58.9% vs 711 last year
Pending
457
40% pending ratio
Median Price
$381,596
⇩ 1.4% vs $386,823 last year
Average Price
$435,131
⇧ 0.2% vs $434,472 last year
Days on Market
75.4
⇧ 12.5% vs 67 days last year

Price Per Square Foot

Median $/sqft
$188
⇩ 1.9% vs $192/sqft last year
Median Home Size
2,052 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %