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City / Town Overview

Las Cruces, NM

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

Market Analysis

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

The Las Cruces, NM real estate market currently shows 890 active listings, with 220 pending sales. Homes are averaging 71.2 days on the market before going under contract.

Inventory has increased compared to last year, with 52 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 71.2 days on market compared to 66.8 days last year.

The median listing price has fallen 1.9% year-over-year, from $381,277 to $374,005.

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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
890
⇧ 6.2% vs 838 last year
Pending
220
25% pending ratio
Median Price
$374,005
⇩ 1.9% vs $381,277 last year
Average Price
$427,765
⇩ 2.5% vs $438,703 last year
Days on Market
71.2
⇧ 6.6% vs 67 days last year

Price Per Square Foot

Median $/sqft
$193
⇧ 1.7% vs $190/sqft last year
Median Home Size
2,027 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 %