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City / Town Overview

Las Cruces, NM

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

Market Analysis

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

The Las Cruces, NM real estate market currently shows 1,141 active listings, with 473 pending sales. Homes are averaging 68.4 days on the market before going under contract.

Inventory has increased compared to last year, with 403 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 68.4 days on market compared to 60.8 days last year.

The median listing price has fallen 2.7% year-over-year, from $396,362 to $385,789.

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
1,141
⇧ 54.6% vs 738 last year
Pending
473
41% pending ratio
Median Price
$385,789
⇩ 2.7% vs $396,362 last year
Average Price
$436,982
⇧ 0.1% vs $436,378 last year
Days on Market
68.4
⇧ 12.5% vs 61 days last year

Price Per Square Foot

Median $/sqft
$189
⇩ 1.1% vs $191/sqft last year
Median Home Size
2,067 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 %