Data as of September 2026. Source: Realtor.com.
The LAS VEGAS, NM real estate market (87701) currently shows 48 active listings, with 12 pending sales. Homes are averaging 83 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 83 days on market compared to 65 days last year.
The median listing price has risen 11.1% year-over-year, from $315,000 to $350,000.
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 September 2026, there are 48 active listings in LAS VEGAS, NM (zip code 87701), compared to 46 the prior year.
The median listing price in LAS VEGAS, NM 87701 is $350,000 as of September 2026, a 11.1% increase from $315,000 the prior year.
Homes in LAS VEGAS, NM 87701 spend an average of 83 days on the market before going under contract, compared to 65 days the prior year.
Based on current inventory and days-on-market data as of September 2026, LAS VEGAS, NM 87701 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 83 days on market compared to 65 days last year.
With SELL123.com's maximum 3% commission, sellers in LAS VEGAS, NM 87701 save an estimated $7,000 compared to a typical 5% commission on the median listing price of $350,000. 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.