Data as of April 2026. Source: Realtor.com.
The LAS VEGAS, NM real estate market (87701) currently shows 44 active listings, with 12 pending sales. Homes are averaging 79 days on the market before going under contract.
Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 79 days on market compared to 44 days last year.
The median listing price has fallen 4.2% year-over-year, from $353,750 to $338,750.
Whether you are buying or selling in LAS VEGAS, 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.
Population: 17,991 · Density: 4.3/mi² · Median household income: $45,341
Typical home value: $142,543 · Homeownership: 64.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 87701 | Las Vegas, NM 87701 | 0.0 mi | 43 | $14,462,319 | $312,500 | $336,333 |
| 87712 | Buena Vista, NM 87712 | 27.4 mi | 1 | $1,475,000 | $1,475,000 | $1,475,000 |
| 88421 | Garita, NM 88421 | 28.9 mi | 1 | $385,000 | $385,000 | $385,000 |
| 87538 | Ilfeld, NM 87538 | 33.5 mi | 2 | $1,254,000 | $627,000 | $627,000 |
| 87742 | Rociada, NM 87742 | 36.6 mi | 9 | $4,124,250 | $407,000 | $458,250 |
| 87560 | Ribera, NM 87560 | 37.9 mi | 3 | $1,719,000 | $550,000 | $573,000 |
| 87732 | Mora, NM 87732 | 40.9 mi | 1 | $780,000 | $780,000 | $780,000 |
| 88416 | Conchas Dam, NM 88416 | 41.5 mi | 7 | $1,979,719 | $259,000 | $282,817 |
| 88435 | Santa Rosa, NM 88435 | 44.0 mi | 8 | $2,949,904 | $212,500 | $368,738 |
| 87734 | Ocate, NM 87734 | 45.2 mi | 2 | $1,274,900 | $637,450 | $637,450 |
| 87573 | Tererro, NM 87573 | 45.9 mi | 1 | $5,680,000 | $5,680,000 | $5,680,000 |
| 87501 | Santa Fe, NM 87501 | 53.2 mi | 124 | $189,793,904 | $937,000 | $1,530,596 |
| 87579 | Vadito, NM 87579 | 54.0 mi | 3 | $4,612,500 | $875,000 | $1,537,500 |
As of April 2026, there are 44 active listings in LAS VEGAS, NM (zip code 87701), compared to 25 the prior year.
The median listing price in LAS VEGAS, NM 87701 is $338,750 as of April 2026, a 4.2% decrease from $353,750 the prior year.
Homes in LAS VEGAS, NM 87701 spend an average of 79 days on the market before going under contract, compared to 44 days the prior year.
Based on current inventory and days-on-market data as of April 2026, LAS VEGAS, NM 87701 is currently a Buyer's Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 79 days on market compared to 44 days last year.
With SELL123.com's maximum 3% commission, sellers in LAS VEGAS, NM 87701 save an estimated $6,775 compared to a typical 5% commission on the median listing price of $338,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.