Las Cruces, NM
Housing market overview · Updated weekly
$299,000median sale price
Homes sold
90
Last 12 weeks
Days on market
82
Average pace
Active listings
442
4.9 months supply
Sale-to-list
—
Below asking
The Las Cruces housing market is currently classified as a leaning buyer's with a median sale price of $299,000. Prices have fallen 5.1% compared to last year, with homes spending an average of 82 days on market, indicating 4.9 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
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Frequently asked questions
What is the average home price in Las Cruces?
The median home sale price in Las Cruces is $299,000, down 5.1% from last year.
How long do homes stay on market in Las Cruces?
Homes typically spend 82 days on market before going under contract.
Is Las Cruces a buyer's or seller's market?
With 4.9 months of supply, Las Cruces is currently a leaning buyer's.
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