Las Cruces, NM—88001
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$208,000
2.0% YoY Growth
Household Income
$33,000
16.4% YoY Growth
Days on Market
50
22.0% Longer YoY
Home Price Forecast
0.9%
Median Rent
$1,080
11.8% YoY Growth
1-Bed Rent
$795
14.8% YoY Growth
2-Bed Rent
$975
19.5% YoY Growth
3-Bed Rent
$1,200
8.6% YoY Growth
Home Price Trends — Las Cruces, NM
As of May '26, the median home price in Las Cruces, NM is $208,000, with a year-over-year change of -2.0%. This indicates that home prices in Las Cruces, NM are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $208,000 | -2.0% |
| Single Family | $209,000 | -1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |