Data as of July 2026. Source: Realtor.com.
The LAS VEGAS, NM real estate market (87701) currently shows 49 active listings, with 14 pending sales. Homes are averaging 64 days on the market before going under contract.
Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 64 days on market compared to 59 days last year.
The median listing price has fallen 0% year-over-year, from $350,000 to $349,950.
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 July 2026, there are 49 active listings in LAS VEGAS, NM (zip code 87701), compared to 36 the prior year.
The median listing price in LAS VEGAS, NM 87701 is $349,950 as of July 2026, a 0% increase from $350,000 the prior year.
Homes in LAS VEGAS, NM 87701 spend an average of 64 days on the market before going under contract, compared to 59 days the prior year.
Based on current inventory and days-on-market data as of July 2026, LAS VEGAS, NM 87701 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 64 days on market compared to 59 days last year.
With SELL123.com's maximum 3% commission, sellers in LAS VEGAS, NM 87701 save an estimated $6,999 compared to a typical 5% commission on the median listing price of $349,950. 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.