La Luz, NM Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in La Luz, NM is $289,250, down 25.8% year-over-year. Homes sell in an average of 99 days with 5 active listings. The market is currently a balanced market.
$289,250median sale price
Is La Luz a buyer's or seller's market?
La Luz, NM is currently a balanced market, based on 2.5 months of supply and homes selling in about 99 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
99
Average pace
Active listings
5
2.5 months supply
Sale-to-list
—
Below asking
La Luz, NM market data
| Metric | Value |
|---|---|
| Median sale price | $289,250 |
| Median list price | $257,450 |
| Year-over-year price change | -25.8% |
| Average days on market | 99 days |
| Active inventory | 5 listings |
| Months of supply | 2.5 months |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The La Luz housing market is currently classified as a balanced market with a median sale price of $289,250. Prices have fallen 25.8% compared to last year, with homes spending an average of 99 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in La Luz
There are currently 5 homes listed for sale in La Luz, New Mexico. The median listing price is $257K.
Active listings
5
Homes on market
Median list price
$257K
Avg. days on market
99
Days until sale
New this week
2
Newly listed
Top public schools in La Luz
1 schools tracked · 232 students
The largest public schools serving La Luz, NM by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
LA LUZ ELEMENTARY
Grades K-5 · 232 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in La Luz?
The median home sale price in La Luz is $289,250, down 25.8% from last year.
How long do homes stay on market in La Luz?
Homes typically spend 99 days on market before going under contract.
Is La Luz a buyer's or seller's market?
With 2.5 months of supply, La Luz is currently a balanced market.
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