Las Vegas, NM Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Las Vegas, NM is $295,000, up 22.9% year-over-year. Homes sell in an average of 134 days with 20 active listings. The market is currently a buyer's market.
$295,000median sale price
Is Las Vegas a buyer's or seller's market?
Las Vegas, NM is currently a buyer's market, based on 4.0 months of supply and homes selling in about 134 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
134
Average pace
Active listings
20
4.0 months supply
Sale-to-list
95.0%
Below asking
Las Vegas, NM market data
| Metric | Value |
|---|---|
| Median sale price | $295,000 |
| Median list price | $219,000 |
| Year-over-year price change | +22.9% |
| Average days on market | 134 days |
| Active inventory | 20 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 95.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Las Vegas housing market is currently classified as a buyer's market with a median sale price of $295,000. Prices have risen 22.9% compared to last year, with homes spending an average of 134 days on market, indicating 4.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Las Vegas
There are currently 20 homes listed for sale in Las Vegas, New Mexico. The median listing price is $219K.
Active listings
20
Homes on market
Median list price
$219K
Avg. days on market
134
Days until sale
New this week
10
Newly listed
Top public schools in Las Vegas
13 schools tracked · 2,555 students
The largest public schools serving Las Vegas, 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.
WEST LAS VEGAS HIGH SCHOOL
Grades 9-12 · 406 students
ROBERTSON HIGH
Grades 9-12 · 350 students
LOS NINOS ELEMENTARY
Grades PK-3 · 327 students
WEST LAS VEGAS MIDDLE SCHOOL
Grades 6-8 · 297 students
LUIS E. ARMIJO ELEMENTARY
Grades PK-1 · 241 students
SIERRA VISTA ELEMENTARY
Grades 4-6 · 233 students
DON CECILIO MARTINEZ ELEMENTARY
Grades 2-3 · 197 students
MEMORIAL MIDDLE
Grades 7-8 · 179 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Explore nearby cities in NM
Frequently asked questions
What is the average home price in Las Vegas?
The median home sale price in Las Vegas is $295,000, up 22.9% from last year.
How long do homes stay on market in Las Vegas?
Homes typically spend 134 days on market before going under contract.
Is Las Vegas a buyer's or seller's market?
With 4.0 months of supply, Las Vegas is currently a buyer's market.
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