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City / Town Overview

Las Cruces, NM

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

Market Overview

Active Listings
1,028
⇧ 57.4% vs 653 last year
Pending
411
40% pending ratio
Median Price
$377,860
⇩ 0.8% vs $380,839 last year
Average Price
$437,998
⇧ 0.2% vs $437,104 last year
Days on Market
94.1
⇧ 13.4% vs 83 days last year

Market Analysis

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

The Las Cruces, NM real estate market currently shows 1,028 active listings, with 411 pending sales. Homes are averaging 94.1 days on the market before going under contract.

Inventory has increased compared to last year, with 375 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 94.1 days on market compared to 83 days last year.

The median listing price has fallen 0.8% year-over-year, from $380,839 to $377,860.

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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Included Areas

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

Market Context

ZIP coverage: 9  ·  Population: 155,746  ·  Median household income: $53,593

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

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings