New Listing
34
$275,000
2262 38th St Apt A
Los Alamos, NM 87544
3 bd1 ba1,446 sqft$190/ft²
Condo3,920 sqft lot
Paula Glover · New Mexico Real Estate Group L
View photos & details
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Los Alamos, NM Housing Market
Strong seller's market-1.5% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Los Alamos, NM is worth $581,096, fell 1.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $540,000, -6.9% year over year (through May 2026). With 0.8 months of supply and homes going under contract in about 8 days, Los Alamos is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $581,096 home is about $3,102/mo in principal and interest.
Key numbers for Los Alamos, NM
Typical home value
$581,096
-1.5% in 12 months
Zillow, August 2026
Typical asking rent
$2,541/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$540,000
-6.9% year over year
Redfin, through May 2026
Days on market
8
Fast-moving
Redfin, through May 2026
Active listings
19
0.8 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$136,502
Home costs 4.3x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.9%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Los Alamos a buyer's or seller's market?
Strong seller's market0.8 months of supply8 days on market100.9% of asking
Los Alamos, NM is a strong seller's market, based on 0.8 months of supply and homes selling in about 8 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Los Alamos housing market data show?
Every row below is Redfin's final published month for Los Alamos, NM. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $540,000 |
| Median list price | $620,000 |
| Year-over-year price change | -6.9% |
| Median price per sq ft | $305/sq ft |
| Median days on market | 8 days |
| Active inventory | 19 listings |
| Months of supply | 0.8 months |
| Sale-to-list price ratio | 100.9% |
| Homes sold (that month) | 23 |
| New listings (that month) | 21 |
| Listings with a price cut | 26.3% |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Los Alamos is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Los Alamos is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Los Alamos home prices moved?
Over the last three years the median sale price in Los Alamos, NM fell 28.3%, from $753,000 to $540,000. The live Zillow value series has fell 1.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 26.3% of Los Alamos listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 0.8 months while the sale-to-list ratio slips below its current 100.9%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Los Alamos?
Priced off the typical home value of $581,096 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $116,219 | $464,877 | $3,102/mo |
| 5% | $29,055 | $552,041 | $3,684/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $3,102, that implies roughly $132,952 a year before you add taxes and insurance. The median household in Los Alamos earns $136,502, about $3,550 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.3x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Los Alamos in the next 12 months?
Tell us your timeline. We send the Los Alamos market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Los Alamos?
Typical asking rent in Los Alamos, NM is $2,541/mo, against a typical home value of $581,096. That is a price-to-rent ratio of 19.1x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $3,102 a month — $561 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Los Alamos?
Active listings in Los Alamos, NM went from 46 in May 2025 to 19 in May 2026, a -58.7% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 53 | 25 |
| July 2025 | 54 | 20 |
| August 2025 | 45 | 15 |
| September 2025 | 40 | 19 |
| October 2025 | 38 | 16 |
| November 2025 | 34 | 13 |
| December 2025 | 29 | 1 |
| January 2026 | 27 | 10 |
| February 2026 | 25 | 7 |
| March 2026 | 21 | 13 |
| April 2026 | 24 | 23 |
| May 2026 | 19 | 21 |
Redfin, through May 2026
How does Los Alamos compare to New Mexico and the U.S.?
Los Alamos homes sell for $540,000 — 37% above the New Mexico median of $395,500. Against the national median of $410,700, Los Alamos runs 31% higher. Year-over-year, Los Alamos moved -6.9% against New Mexico's +10.8% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Los Alamos, NM | $540,000 | -6.9% | 8 days |
| New Mexico statewide | $395,500 | +10.8% | 53 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Los Alamos
What buyers should watch
- Months of supply, currently 0.8. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 26.3%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $582 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $581,096 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Los Alamos listing goes under contract in 8 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.9% of asking. Price at the number you want and let competition do the rest.
- In the last published month Los Alamos added 21 new listings against 23 sales — more clearing than arriving, which is the better window to list.
- Your equity moved -1.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Los Alamos varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Los Alamos
There are currently 19 homes listed for sale in Los Alamos, New Mexico. The median listing price is $620K. Featured listings range from $275,000 to $1,100,000.
22
$330,000
487 Myrtle St
Los Alamos, NM 87544
2 bd1 ba1,008 sqft$327/ft²
House5,663 sqft lot
Jessica Hoffer · EXIT Realty Advantage NM
View photos & details
New Listing
22
$345,000
2310 39th St Apt A
Los Alamos, NM 87544
3 bd2 ba1,286 sqft$268/ft²
Condo6,098 sqft lot
Jesse Vigil · Coldwell Banker Legacy 8200
View photos & details
New Listing
37
$365,000
3050 Walnut St Apt A
Los Alamos, NM 87544
3 bd2 ba1,355 sqft$269/ft²
Condo5,227 sqft lot
Ian Maes · RE MAX First
View photos & details
New Listing
37
$515,000
391 Manhattan Loop
Los Alamos, NM 87544
2 bd1 ba1,639 sqft$314/ft²
House9,148 sqft lot
Paula Glover · New Mexico Real Estate Group L
View photos & details
33
$564,000
2233 37th St
Los Alamos, NM 87544
3 bd2 ba1,670 sqft$338/ft²
House12,632 sqft lot
Sarah Nelson · EXIT Realty Vista
View photos & details
58
$599,000
80 Canyon Rd
Los Alamos, NM 87544
5 bd6 ba2,115 sqft$283/ft²
House7,405 sqft lot
Ian Maes · RE MAX First
View photos & details
64
$715,000
710 Camino Encantado
Los Alamos, NM 87544
4 bd3 ba2,450 sqft$292/ft²
House15,682 sqft lot
Delbert Romero · EXIT Realty Advantage NM
View photos & details
71
$725,000
2382 33rd St
Los Alamos, NM 87544
3 bd2 ba2,315 sqft$313/ft²
House20,909 sqft lot
Ian Maes · RE MAX First
View photos & details
43
$925,000
123 LA Senda Rd
Los Alamos, NM 87547
3 bd3 ba3,273 sqft$283/ft²
House2.18 acres
Windy Earls · EXIT Realty Advantage NM
View photos & details
99
$925,000
5705 Quemazon
Los Alamos, NM 87544
4 bd4 ba3,125 sqft$296/ft²
House8,712 sqft lot
Ryan Maupin · RE MAX First
View photos & details
75
$1,100,000
175 Maple Dr
Los Alamos, NM 87544
4 bd4 ba3,894 sqft$282/ft²
House16,553 sqft lot
Ian Maes · RE MAX First
View photos & details
Looking to buy in Los Alamos?
Get connected with a local real estate expert — free, no obligation.
Active listings
19
Homes on market
Median list price
$620K
Avg. days on market
8
Days until sale
New this week
21
Newly listed
Price drops:26.3%of listings
Sale-to-list:100.9%
How much do homes cost in Los Alamos by property type?
How the Los Alamos, NM market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $637,500 | $310/sq ft | 12 | 8 days |
| Condo / co-op | $320,000 | $293/sq ft | 5 | 47 days |
| Townhouse | $307,500 | $235/sq ft | 6 | 4 days |
Who lives in Los Alamos?
American Community Survey estimates for Los Alamos. U.S. Census ACS, 2023
Population
13,471
Households
5,947
Median income
$136,502/yr
Median age
41 years
Owner-occupied
65.9%
Median home value
$458,200
Median gross rent
$1,304/mo
Mean commute
11.8 min
65.9% of occupied homes in Los Alamos are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $458,200 against Zillow's $581,096 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,304/mo, below Zillow's $2,541/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Los Alamos?
6 schools tracked · 3,069 students
The largest public schools serving Los Alamos, 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.
LOS ALAMOS HIGH
Grades 10-12 · 864 students
LOS ALAMOS MIDDLE
Grades 7-8 · 592 students
ASPEN ELEMENTARY
Grades PK-6 · 444 students
MOUNTAIN ELEMENTARY
Grades PK-6 · 443 students
BARRANCA MESA ELEMENTARY
Grades PK-6 · 422 students
TOPPER FRESHMAN ACADEMY
Grades 9 · 304 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 Los Alamos, NM?
Ordered by distance from Los Alamos, not by size. Compare Los Alamos side by side with any of them.
Which ZIP codes are in Los Alamos?
These are the ZIP codes we see on active Los Alamos listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Los Alamos housing market FAQ
Is Los Alamos a buyer's or seller's market?
Los Alamos, NM is currently a strong seller's market. That read comes from 0.8 months of supply, homes going under contract in about 8 days, and sellers getting 100.9% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Los Alamos?
The typical home in Los Alamos, NM is worth $581,096 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $540,000, about $305 per square foot.
Is Los Alamos cheaper than the rest of New Mexico?
Los Alamos's median sale price of $540,000 is 37% higher than the New Mexico statewide median of $395,500, and 31% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Los Alamos?
Homes in Los Alamos, NM spent a median of 8 days on market before going under contract, versus 53 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Los Alamos?
At the current 30-year fixed rate of 7.03%, 20% down on a $581,096 home is about $3,102 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $132,952 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $136,502.
Are home prices rising in Los Alamos?
The typical home value in Los Alamos, NM fell 1.5% over the last 12 months, from $589,789 to $581,096 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Los Alamos?
Los Alamos ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Los Alamos?
That depends on your timeline, not on a headline. What the data says today: Los Alamos, NM is a strong seller's market with 0.8 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 19.1x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
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