Brokers — List your Company Here
Featured local agent — Las Vegas, NM
Sarah Mitchell
Compass Real Estate · Las Vegas, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Las Vegas, NM Housing Market & Real Estate
Housing market overview · Updated monthly ·
$142,500median sale price
How is the Las Vegas, NM housing market right now?
The median home sale price in Las Vegas, NM is $142,500, down 49.1% year-over-year. Homes sell in an average of 13 days with 29 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Las Vegas a buyer's or seller's market?
Las Vegas, NM is currently a balanced market, based on 3.6 months of supply and homes selling in about 13 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
13
Fast-moving
Active listings
29
3.6 months supply
Sale-to-list
94.6%
Below asking
What does the Las Vegas housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $142,500 |
| Median list price | $243,000 |
| Year-over-year price change | -49.1% |
| Average days on market | 13 days |
| Active inventory | 29 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 94.6% |
| Median price per sq ft | $109/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 13 |
| Listings with a price cut | 24.1% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Las Vegas by property type?
How the Las Vegas, NM market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $110,000 | $94/sq ft | 7 | 13 days |
Source: Redfin · Updated monthly
The Las Vegas housing market is currently classified as a balanced market with a median sale price of $142,500. Prices have fallen 49.1% compared to last year, with homes spending an average of 13 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.7x provides context for how home values compare to local earning capacity.
Homes for sale in Las Vegas
There are currently 29 homes listed for sale in Las Vegas, New Mexico. The median listing price is $243K.
Active listings
29
Homes on market
Median list price
$243K
Avg. days on market
13
Days until sale
New this week
13
Newly listed
Who lives in Las Vegas?
Population
13,120
Median income
$42,732/yr
Median age
42 years
Owner-occupied
61.0%
College grads
27.7%
Avg commute
14.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Las Vegas?
Zillow home value
$241,726
Price-to-income
5.7x
Source: Zillow Research
What is it like to live in Las Vegas?
Las Vegas is a community of approximately 13K residents with a median age of 42 years.The median household income is $42,732, which represents a working-class community with solid middle-income opportunities. 27.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 61.0%, showing a blend of owner and renter-occupied properties. The average commute time is 14.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Las Vegas offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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.
Which cities are near Las Vegas, NM?
Want a head-to-head view? Compare Las Vegas side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Las Vegas?
The median home sale price in Las Vegas is $142,500, down 49.1% from last year.
How long do homes stay on market in Las Vegas?
Homes typically spend 13 days on market before going under contract.
What is the median income in Las Vegas?
The median household income is $42,732 per year.
Is Las Vegas a buyer's or seller's market?
With 3.6 months of supply, Las Vegas is currently a balanced market.
What is the Zillow home value estimate for Las Vegas?
The Zillow Home Value Index (ZHVI) for Las Vegas is $241,726, representing the typical home value in the area.
How much does a single-family home cost in Las Vegas?
The median single-family home price in Las Vegas, NM is $110,000 (about $94 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Las Vegas, NM
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Las Vegas market alerts
Weekly updates on prices, inventory, and trends. Free forever.